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Oil tanker bound for Russia runs aground off Swedish coast
Oil tanker bound for Russia runs aground off Swedish coast

Yahoo

time3 days ago

  • Business
  • Yahoo

Oil tanker bound for Russia runs aground off Swedish coast

The Swedish Coast Guard is inspecting the Panama-flagged vessel Meshka that has run aground off the Swedish coast while en route to the Russian port of Vysotsk. Source: Swedish public service TV company SVT, as reported by European Pravda Details: The Meshka ran aground near the Swedish port city of Landskrona on Saturday after receiving a warning that it was off course and approaching the shore. On the same day, the Swedish Coast Guard questioned all 24 crew members. None were found to be under the influence of alcohol, and during interrogation, the crew claimed they reacted to the warning too late. Swedish authorities have launched an investigation into possible negligence in maritime navigation, and one crew member was served with a notice of suspicion. The Meshka, sailing under the flag of Panama, was headed to the Russian city of Vysotsk near the Finnish border, carrying approximately 938,000 litres of oil. No oil leaks have been detected so far, and the Swedish Coast Guard continues to monitor the situation. Background: The incident comes shortly after the Swedish government adopted a new regulation aimed at tightening insurance checks on foreign vessels, part of a broader effort to strengthen control over Russia's shadow fleet. Support Ukrainska Pravda on Patreon!

Cadeler Acquires 'Wind Keeper' Jack-Up Vessel for Offshore Wind O&M Capacity
Cadeler Acquires 'Wind Keeper' Jack-Up Vessel for Offshore Wind O&M Capacity

Yahoo

time26-05-2025

  • Business
  • Yahoo

Cadeler Acquires 'Wind Keeper' Jack-Up Vessel for Offshore Wind O&M Capacity

On Thursday, Cadeler (NYSE:CDLR) announced its acquisition of the Boqiang 3060, which is a newly constructed jack-up wind turbine installation vessel/WTIV from Shanghai Boqiang Heavy Industry Group Co. Ltd. This expansion aims to meet the global demand for offshore wind turbine O&M services. The vessel, to be renamed Wind Keeper, symbolizes its role in ensuring the upkeep of green energy generation. Completed in 2024, it is equipped with advanced European technology, which includes a Huisman main crane with a 2,200 t lifting capacity, Kongsberg's DP2 dynamic positioning system, MAN-supplied engines, and a Siemens propulsion system. Its 120-meter-long jack-up legs make it uniquely suited for challenging offshore sites. Cadeler (NYSE:CDLR) anticipates taking delivery of the Wind Keeper in FQ3 2025. The purchase price is below the vessel's estimated replacement cost. Cadeler plans to invest in upgrades to enhance its operational capacity and align it with its existing fleet. After these upgrades, the vessel will be capable of supporting new installations in the 15 MW segment. The total investment cost for these upgrades will be communicated later. The company is currently assessing the positive impact of the Wind Keeper's delivery on its 2025 revenue and EBITDA guidance. Cadeler engages in offshore wind farm installation, operations, and maintenance services in Denmark. While we acknowledge the potential of CDLR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CDLR and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Cadeler Acquires 'Wind Keeper' Jack-Up Vessel for Offshore Wind O&M Capacity
Cadeler Acquires 'Wind Keeper' Jack-Up Vessel for Offshore Wind O&M Capacity

Yahoo

time25-05-2025

  • Business
  • Yahoo

Cadeler Acquires 'Wind Keeper' Jack-Up Vessel for Offshore Wind O&M Capacity

On Thursday, Cadeler (NYSE:CDLR) announced its acquisition of the Boqiang 3060, which is a newly constructed jack-up wind turbine installation vessel/WTIV from Shanghai Boqiang Heavy Industry Group Co. Ltd. This expansion aims to meet the global demand for offshore wind turbine O&M services. The vessel, to be renamed Wind Keeper, symbolizes its role in ensuring the upkeep of green energy generation. Completed in 2024, it is equipped with advanced European technology, which includes a Huisman main crane with a 2,200 t lifting capacity, Kongsberg's DP2 dynamic positioning system, MAN-supplied engines, and a Siemens propulsion system. Its 120-meter-long jack-up legs make it uniquely suited for challenging offshore sites. Cadeler (NYSE:CDLR) anticipates taking delivery of the Wind Keeper in FQ3 2025. The purchase price is below the vessel's estimated replacement cost. Cadeler plans to invest in upgrades to enhance its operational capacity and align it with its existing fleet. After these upgrades, the vessel will be capable of supporting new installations in the 15 MW segment. The total investment cost for these upgrades will be communicated later. The company is currently assessing the positive impact of the Wind Keeper's delivery on its 2025 revenue and EBITDA guidance. Cadeler engages in offshore wind farm installation, operations, and maintenance services in Denmark. While we acknowledge the potential of CDLR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CDLR and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Sunken boat pulled out of Pere Marquette Lake in West Michigan
Sunken boat pulled out of Pere Marquette Lake in West Michigan

CBS News

time06-05-2025

  • General
  • CBS News

Sunken boat pulled out of Pere Marquette Lake in West Michigan

A sunken vessel was pulled out from Pere Marquette Lake in West Michigan Monday, through the work of multiple emergency agencies. The initial efforts included Zupin Crane, Lake Street Marina, Ludington Police Department and the Mason County Sheriff's Office Dive Team. A sunken vessel was pulled May 5, 2025, out of Pere Marquette Lake in West Michigan. Ludington Police Department During the initial recovery operations involving those local agencies, the crews noticed a leak of oil or fuel that was beyond the capacity of their equipment on hand. That's when the Michigan Department of Environment, Great Lakes and Energy along with the U.S. Coast Guard Station Manistee were notified and got involved. The Coast Guard provided oil containment boom equipment, which was used to absorb and contain the leaked fluid. "The source of the oil and fuel leak has since been removed from the water. However, the containment boom will remain in place for several days to ensure that any residual fluids are fully absorbed and do not pose a risk to the local ecosystem," the press release said. "We are grateful for the professional response of all agencies and partners involved in the operation. Their efforts were instrumental in securing the vessel and protecting the surrounding environment. "The City of Ludington funded the recovery operation and will seek full reimbursement from the vessel owner." A sunken vessel was pulled May 5, 2025, out of Pere Marquette Lake in West Michigan. Ludington Police Department

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