Vessels News

UK-based Exail has secured a contract with French maritime services provider Bourbon to supply several units of its Octans Attitude and Heading Reference Systems (AHRS) for integration into Bourbon Subsea Services’s fleet.These units will be installed on multiple Bourbon Evolution 800 Series multi-purpose support vessels (MPSVs) dedicated to subsea operations at depths down to 3,000 meters.IMO-HSC certified, the Octans AHRS will enhance Bourbon vessels’ efficiency in installation…

UK-based small-scale liquefied natural gas (LNG) supplier Avenir LNG has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering in China, a subsidiary of CIMC Enric, for two new LNG bunker and supply vessels.The two 20,000 cbm LNG bunker and supply vessels are scheduled to be delivered in the fourth quarter of 2026 and the first quarter of 2027.The newbuildings will feature new Type C tank designs, lower boil off rates, the latest engine technologies…

Mitsui O.S.K. Lines (MOL) has signed a long-term time charter party agreement for one floating storage and regasification unit (FSRU) with the Polish gas transmission system operator Gaz-System, which is the developer and operator behind the future LNG terminal.The FSRU will be constructed by HD Hyundai Heavy Industries shipyard and is expected to be completed in 2027. Thereafter, the FSRU will be managed by the MOL group.The FSRU is being built for the project that involves the…

Danish shipowner CBED has signed a contract with Siemens Gamesa for the first offshore wind project for its new SOV Wind Creation as part of the CBED fleet.With the new walk-to-work project, the SOV joins commissioning an offshore wind farm in the Netherlands.The project starts at the end of the second quarter of 2024 and runs for the remainder of the year, thereby securing full activity for Wind Creation until the first quarter of 2025.CBED now has all three vessels in the fleet…

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a contract for the supply of cargo handling system for a new 12,500 m3 LNG bunkering vessel being built for Spanish shipowner Scale Gas, a subsidiary of Enagás.The order has been placed by the yard building the vessel, Nantong CIMC Sinopacific Offshore & Engineering, and was booked by Wärtsilä in the first quarter of 2024.The vessel is co-financed from the Support for Sustainable and Digital Transport Programme…

Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side, where everyone is trying to position themselves for the impeding market boom.Please note that vessel definitions and abbreviations in this part of our industry can vary…

Classification society DNV presented Australian green technology, energy and metals company Fortescue with class and statutory certificates for its dual-fueled ammonia-powered vessel Green Pioneer. This marked the culmination of a project that began in 2021, when DNV was engaged by Fortescue to work on the feasibility study and 'Fuel ready (Ammonia)' notation for the vessel’s conversion. DNV's Technology Qualification process provided the framework for the qualification and assurance of the engine modifications, where industry rules were yet to be developed.

Japan’s first dual-fuel LNG bunkering vessel KEYS Azalea has completed its first ship-to-ship LNG bunkering in Western Japan.The vessel - owned and operated by KEYS Bunkering West Japan Corporation, a joint venture established by Kyushu Electric Power, NYK Line, Itochu Enex, and Saibu Gas - bunkered LNG for the car and truck carrier Daisy Leader 2 at the Port of HiroshimaKEYS Azalea was delivered to KEYS Bunkering West Japan Corporation earlier in April. It is equipped with a…

DEME has been awarded two contracts from cable solutions provider Prysmian for the engineering and installation works for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Netherlands, whose combined worth is over $315 million.This is the most extensive cabling award in DEME’s history and marks the company's first project involving Prysmian’s 525 kV HVDC cable technology, featuring increased transmission capacity, according to the company.The contracts encompass cable installation…

UK-based offshore vessel designer Chartwell Marine has started the construction of its new Brevity Class crew transfer vessel (CTV) at the Diverse Marine shipyard, becoming the latest in its growing pipeline of new vessel builds to supply the global offshore wind market.Chartwell Marine’s current new build pipeline now exceeds 15 vessels across six local shipyards – with 14 offshore wind vessels launched and operational at major offshore wind farms, including two in U.S. waters.The company’s latest CTV entered build in March 2024…

Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, has presented the next generation of military vessels - the VARD Resilience series.To answer the Norwegian Navy’s demands for the new vessels, VARD has developed VARD Resilience series with a design that meets the request for standardization, modularization, adaptation to the customer's needs and purpose of the vessel.According to Vard, the Resielince series has been designed with a long service life in mind.“One…

Shipbuilder Vard announced it has delivered a new commissioning service operation vessel (CSOV) to Norway's Rem Offshore.The vessel—NB 948, to be named Rem Wind—was constructed at Vard Vung Tau in Vietnam and handed over one month before contractual delivery date, the builder said.Tailor-made for worldwide services and maintenance operations at offshore wind farms, the 85-meter-long vessel is of VARD 4 19 design with a 19.5-meter beam, accommodation for 120 people, a height-adjustable motion-compensated gangway with elevators…

The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project located off the coast of Virginia Beach in the United States.Issued on April 9 following a 30-day public comment period, the permit authorizes the construction and operation of the largest offshore wind project in the U.S.

DEME’s DP3 offshore installation vessel Orion has departed for the United States to prepare for the installation of 176 foundations on the Coastal Virginia Offshore Wind (CVOW) project, following the wrap up of works at the 882 MW Moray West offshore wind farm in Scotland.DEME’s flagship Orion vessel has completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland.Despite harsh winter conditions, DEME managed to install 29 monopiles in approximately two months.Meanwhile…

The industry consortium behind the Ocean Charger project, led by Vard, has completed the demonstration of the charging solution in a port as well the connection solution offshore, proving the technology designed to supply clean power to offshore wind vessels is ready for the market.By connecting vessels to the power grid in the wind farm and charging batteries regularly, the Ocean Charger solution is securing availability of emission-free vessel operations.The Ocean Charger has proved through the tests that it can power operations at the field without using any additional energy sources…

Wärtsilä has introduced a new high-performance thruster and propulsion control solution, which is said to raise the level of offshore dynamic positioning for greater efficiency and operational performance of vessels.The company’s new high-performance thruster and propulsion control solution package utilizes a combination of Wärtsilä’s WST-E embedded electric steerable thruster and WST-R retractable thrusters, together with an updated remote propulsion control system featuring an enhanced user interface ProTouch…

Offshore installation contractor Allseas has made progress on the installation of the pipeline for Santos’ Barossa Gas Export Pipeline (GEP) project offshore Australia.Allseas’ Audacia pipelay vessel has installed her largest ever PLET in S-mode, concluding several years of in-house engineering, fabrication and testing, the Swiss-based contractor said.Due to the weight of the pipeline end termination structure, Allseas’ production crew had to install it separately to the connector head.Audacia vessels is being supported with four other vessels - Fortitude…

New York-based Kalypso Offshore Energy on Monday announced it is teaming up with Dutch marine technology group and shipbuilder Royal IHC to design and construct a Jones Act compliant cable lay vessel (CLV)—the first purpose-built for the U.S. offshore wind market.Under a newly signed letter of intent (LOI), the partners are working together to finalize contract, engineering and construction details to domestically produce a 5,000-ton CLV for anticipated delivery in 2028. The partners have not announced which U.S.

Kristian Siem, founder and longtime leader of Siem Offshore, is stepping down as chairman of the Norwegian offshore support vessel (OSV) firm after reaching a deal to acquire nine vessels in exchange for his 35% stake in the company.The company announced it has reached an "amicable agreement" to sell Siem Barracuda, Siem Stingray, Siem Opal, Siem Pearl, Siem Topaz, Siem Pilot, Siem Pride, Siem Symphony and Siem Thiima to Kristian Siem's Siem Sustainable Energy S.a r.l and related companies in exchange for 35% of the company’s shares.The other major shareholder is Christen Sveaas' Kistefos…

Mitsui O.S.K. Lines (MOL) has signed a basic contract for the marine transport of offshore wind components with JFE Engineering Corporation, while also agreeing to build a new module carrier vessel with Taizhou Sanfu Ship Engineering.This will be first coastal module carrier in Japan to transport components for offshore wind turbine foundation components, according to MOL. MOL DrybulkThe vessel is scheduled for delivery in the spring of 2026, and will then engage in the coastal transport of offshore wind turbine foundations from JFE Engineering's manufacturing base in Kasaoka-shi…

The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, was launched into the water at the Seatrium AmFELS shipyard in Brownsville, Texas.The 472-foot WTIV—the first and only to be constructed in the U.S.—is being built for Blue Ocean Energy Marine, a subsidiary of Dominion Energy, who announced the milestone on Monday. Welding of the ship's hull and commissioning of the vessel's four legs and related jacking system has been completed…

Bakker Sliedrecht has implemented energy storage systems (ESS) on board of the two Boskalis diving support vessels - BOKA Atlantis and BOKA Da Vinci.The installation of the ESS reduces the vessels’ fuel consumption and associated carbon dioxide and nitrogen oxide emissions by an average of up to 20%, according to Bakker Sliedrecht.The systems also provide a power supply and energy storage facility while the vessels are docked and contribute to quieter and more efficient operations…

Partners CY Shipping and BigLift Shipping have ordered two new heavy transport vessels (HTVs), increasing their HTV fleet to six vessels.The first vessel, owned by CY Shipping will be delivered in the fourth quarter of 2025, while the second vessel, owned by BigLift Shipping, is schedule for delivery in second quarter of 2026.Newbuilding contracts for the two new HTVs have been signed with Jing Jiang Nanyang Shipbuilding in China. The vessels, jointly designed by CY Shipping and BigLift Shipping…