Offshore Renewable Energy Market News

Dutch offshore survey firm Fugro has reached an agreement to acquire two platform supply vessels (PSVs), Sea Goldcrest and Sea Gull, which will be converted to geotechnical vessels to address the needs of growing offshore wind sector.The addition of the Sea Goldcrest and Sea Gull, built in 2019 and 2020 respectively, to its owned fleet will further strengthen Fugro’s ability to address the market demands and shortage in geotechnical capable vessels, the company said.With the purchase of these strategic assets Fugro will operate a balanced fleet of owned and chartered vessels…

Dutch offshore survey firm Fugro will convert the Fugro Resilience and the Topaz Endurance, two ULSTEIN PX121 platform supply vessels (PSVs), to geotechnical vessels, targeting their deployment in the global offshore renewable energy market.Fugro acquired the two platform supply vessels, the Topaz Endurance and the Topaz Energy (renamed Fugro Resilience), in February 2023.Ulstein Design & Solutions AS is responsible for the redesign of the two vessels, and on September 22, 2023, Fugro awarded Ulstein Verft a contract to convert the Fugro Resilience. Both vessels were built in 2015.

As many maritime markets were challenged by COVID-19, Royal IHC, a Dutch maritime conglomerate and bellwether for the industry, reported its annual numbers indicated the smoke is clearing and a recovery is in sight.2020 will surely go down as a year many inside and out of the maritime industry will want to soon forget, and in releasing its annual figures Royal IHC noted that the first half of 2020 was dominated by refinancing and recapitalization, with COVID-19 having a "major impact" on order intakes throughout 2020.

Jennifer Carpenter joined The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry, in August 1990 and became its president and CEO in January 2020. She weighs in on the unprecedented challenges encountered over the past year and addresses top priorities along the uncertain path ahead.The world has changed drastically in the year since you took the helm at AWO. How have priorities shifted, both…

Sembcorp Marine is breaking new ground in renewable  energy engineering solutions with two separate projects worth over S$200 million (USD 145 mln).The Group has inked an agreement with Ørsted Wind Power subsidiary Optimus Wind Limited for engineering, procurement, construction, hook-up and commissioning works on two topsides, to be deployed at the Hornsea 2 Offshore Wind Farm in the UK North Sea.With a combined weight of approximately 8,700 tonnes, the two topsides will be fabricated at Sembcorp Marine’s integrated yard facilities for delivery in the first quarter of 2021.The 1.4 gigawatt (GW) capacity Hornsea 2 Offshore Wind Farm – the world’s biggest when operational in 2022 – is located 89km north-east of Grimsby…

Houston-headquartered Oceaneering International has, through one of its wholly-owned subsidiaries, acquired the Aberdeen-based Ecosse Subsea Limited for approximately GBP 50 million (US$69 Million). Headquartered in Aberdeen, Scotland, Ecosse builds and operates seabed preparation, route clearance and trenching tools for submarine cables and pipelines on an integrated basis that includes vessels, ROVs and survey services. Enabling technologies acquired in the transaction include Ecosse's modular SCAR Seabed System, capable of completing the entire trenching work scope (route preparation, boulder clearance, trenching and backfill), and its newly developed SCARJet trenching system.

Oceanteam also says it continued its investment program in 2.000 / 4.000-ton modular carousel systems. Oceanteam Shipping sees strong market activity in both the Offshore Oil and Gas as well as the Renewable Energy Market for certain regions and the management expects this trend to continue. Oceanteam Shipping is confident, and has secured sufficient projects in both the Offshore Oil and Gas and the Renewable Energy Markets to maintain a high level of utilization of its assets and engineers.

Norway's Fjellstrand AS contracted by Siem Offshore Rederi AS to construct an Ulstein SX 163 design offshore wind or oil installationl service support vessel. Main particulars of the Ulstein SX 163 are a length of 74 meters, a  beam of 17 meters, and with accommodation for 60 persons. Scheduled date for delivery is March 2014 with a contract value of approx. NOK 300 million, and with an option for one additional vessel. A strong growth in the offshore wind industry brings forward a great demand for large vessels of high quality operating in connection with installations and service of the wind farms. “The vessel shall be used for operations within the offshore renewable energy market and within the offshore oil and gas market with regards to installation…

SeaHold GEOSHIPS expanded its fleet of multi-purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, while also signifying a $140m in additional financial commitment. The new vessels, which are both of Vik & Sandvik VS470 design will be delivered in Quarter 1 2012 and Quarter 4 2012 respectively and are actively being promoted to the Oil and Gas market for long-term work. Specified as multi-purpose support vessels…

Aberdeen-based SeaHold GEOSHIPS Limited (GEOSHIPS) has announced the acquisition of marine management services company Brooklyn Shipping Ltd (BSL). The acquisition is expected to lead to BSL’s staff numbers more than doubling to 80 this year and also contribute to a significant increase in GEOSHIPS’ pre-tax earnings on its projected turnover of nearly £50million for 2012. Formed in 2003, GEOSHIPS has a strong focus on offshore renewable energy projects, whilst also being able to offer services in support of subsea oil and gas related projects. It chartered its first multi-purpose offshore vessel, the Stril Explorer, from Mokster A/S until 31st August 2012 to support the growing offshore renewable energy market and the subsea sector.

Norwood, New Jersey — May 10, 2011 — Alpine Ocean Seismic Survey, [ http://www.alpineocean.com ] a provider of marine surveying and data collection services, announces the launch of the multi-use research vessel, the R/V Shearwater. With the addition of this new vessel, Alpine can now further expand its offerings of turnkey data collection and other surveying services to offshore clients, including wind, tidal, civil engineering, shoreline protection, submarine cable, pipeline, oil, and natural gas project developers.

Aberdeen-based SeaHold GeoShips Limited (GeoShips) has chartered its first new multi-purpose offshore vessel to support the growing offshore renewable energy market and the subsea sector. To enable GeoShips to offer a full suite of services from the Stril Explorer, and future vessels, the company has entered into agreements with both Hallin Marine UK Ltd, a leading ROV services provider, and NCS Survey a leading survey and positioning contractor. The contract is worth in the region…