Granada davit cranes for world’s largest floating offshore wind farm

Aker Solutions has awarded Granada Material Handling with a contract to supply eleven davit crane units for use at the Hywind Tampen floating offshore wind project in Norway. The company will design, supply, third party certify and commission 11 individual crane units. Granada said that each of its Python crane units has been specifically designed …

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Fitch Ratings Updates Oil-Vessel Backed Financing Rating Criteria; No Rating Impact

Fitch Ratings has published an updated criteria report for rating oil-vessel-backed financing. It replaces the prior version published Feb. 4, 2020. The report outlines Fitch’s criteria for rating transactions backed by long-term charter and services agreements related to offshore vessels used in the production stage. The asset types currently include floating-production storage and offloading units …

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