Nuclear-Powered DP Vessels Technically Feasible, Vard Study Shows
A study led by Vard, a subsidiary of Italyâs Fincantieri, has found that nuclear-powered offshore vessels are technically feasible, confirming that small fourth-generation nuclear reactors can be integrated into dynamically positioned vessels while meeting safety, redundancy and operational requirements.Results from the NuProShip II research and innovation project show that nuclear propulsion can support DP2 power architectures, with potential adaptability to DP3 standards, offeringâŠ
Solstad Maritime Inks Contract for Normand Sentinel CSV
Norwegian offshore vessel owner Solstad Maritime has signed a contract award with an international subsea contractor for the Normand Sentinel contract support vessel (CSV).The firm contract will start early 2026 and will keep the Normand Sentinel fully committed until the end of 2027. The agreement, with an undisclosed client, also includes one yearly option thereafter.Normand Sentinel will support the clientâs operations worldwide. As part of the charter party, Solstad Maritime will deliverâŠ
DOF's Subsea Construction Vessel Gets Atlantic Region Jobs
DOF Group has signed multiple contracts for the Skandi Inventor subsea construction vessel (SCV) in the Atlantic region. The contract is for 100 days of firm work, with additional options available.The Skandi Inventor, a state-of-the-art DP3 construction vessel equipped with a 400-ton Active Heave Compensated (AHC) crane and a large working deck, has recently undergone significant upgrades. The vessel is now fitted with two brand new Work Class ROVs (WROVs) and a modern survey suiteâŠ
Polish Shipbuilder Lays Keel for DOFâs New Offshore Support Vessel
Polish shipbuilder CRIST S.A.
Reviving a Heavy-Lift Giant: Xenos Marine's TX-10000 is Ready for Duty
One of the most powerful heavy-lift vessels ever built is entering a new chapter under U.S. ownership, reconditioned for major offshore work in the Gulf of America. Renamed the TX-10000, this twin-gantry catamaran is at the center of Xenos Marine's mission to expand domestic heavy-lift and decommissioning capabilities, following a major refit at Gulf Copper Ship Repair. The TX-10000, previously known as the VB-10000, has a storied history.Originally commissioned in 2010 by Versabar as a next-generation evolution of the pioneering Bottom FeederâŠ
Kongsberg Maritime Launches Advanced Simulator for Maritime Training
Kongsberg Maritime has launched the K-Sim Offshore DP3 Anchor Handling Simulator, designed for training for complex offshore operations.With an investment of over $322,000, the innovative training solution is designed to elevate competency standards, enhance operational efficiency, and promote sustainability across the sector.Additionally, it focuses on improving maritime safety by supporting our local customers and partners in ensuring safe operations and reducing risks in critical maritime activities.Situated at Kongsberg Maritimeâs Aberdeen office in WesthillâŠ
Palfinger Marine to Equip DOFâs New OSV
Palfinger Marine has secured a contract by CRIST S.A. in Poland to supply a comprehensive equipment package for a next-generation Offshore Support Vessel (OSV) under construction for DOF Group.As part of the comprehensive equipment package, Palfinger Marine will supply a fully electric, frequency-controlled winch system. The advanced solution enables safe and efficient anchoring, mooring, deck handling, towing, and ice management under extreme offshore conditions.The contract also includes a stern roller and the PALFINGER HSS (Hose Securing System)âŠ
Ocean Installer Extends Charter for North Sea Giant Subsea Construction Vessel
Ocean Installer, a subsidiary of Moreld, has executed an 18-month option, extending the charter-party with ship owner North Sea Shipping for the advanced multi-purpose offshore construction vessel North Sea Giant.The charter has been extended to the end of the first quarter of 2027 in order for Ocean Installer to meet contractual obligations and continued strong demand for offshore construction capacity, the company said.The option agreed North Sea Shipping covers an 18-monthâŠ
Fortressâ FTAI Sells Two Offshore Energy Vessels for $143M
FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer.The M/V Pioneer, built in 2011, is a DNV classed vessel fully SPS compliant, with an overall length of 82 meters and breadth of 20 meters and provides over 700 square meters of clear deck space.It is equipped with a 50-ton constant tension subsea craneâŠ
Offshore Wind: Inside the Financial Web
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the âutility financeâ basket, they are ultimately high-risk deals that might better suit the portfolios of âinfrastructure investmentâ which, in recent years, has taken a shift towards tolerating more uncertainty when it comes to cash flows.A 2022 article from consultants McKinsey, titled âInfrastructure investing will never be the sameââŠ
Palfinger to Supply Major Equipment Package for Prysmianâs New Cable Layer
Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, has been contracted to supply a major equipment package for a new cable laying vessel, under construction at Vard for Prysmian.Following the previous orders to equip cable laying vessels Leonardo da Vinci and Monna Lisa, Palfinger Marine will provide deck equipment and lifesaving appliances (LSA) for another upcoming cable laying vessel built by Vard for Prysmian.Because the vessel is the evolution of Prysmianâs previous cable layersâŠ
Saipem Adds Heavy-Lift Pipelay Vessel JSD6000 to Its Fleet
Italian offshore energy services firm Saipem has signed a long-term charter contract with Chinese state-owned port and naval machinery manufacturer ZPMC for the JSD6000, a latest generation ship for offshore heavy lifting, construction and pipelaying.The signed contract provides for the bareboat charter of the ship for a five-year duration, plus two extension options of one year each.The vessel will be delivered to Saipem in June 2024 and will become part of the companyâs fleet.Equipped with a DP3 dynamic positioning system and a heavy-lift capacity of up to 5âŠ
Bourbon Orders Exail Tech to Streamline Subsea Fleetâs Services for Offshore Energy
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 Servicesâs 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 vesselsâ efficiency in installationâŠ
All Clear for Construction Start of Virginiaâs 2.6GW Offshore Wind Farm
The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energyâs 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.
DEMEâs Orion Vessel Heads to US After Finishing Scottish Offshore Wind Job
DEMEâs 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.DEMEâs flagship Orion vessel has completed monopile installation works on Ocean Windsâ Moray West offshore wind farm project in Scotland.Despite harsh winter conditions, DEME managed to install 29 monopiles in approximately two months.MeanwhileâŠ
Wärtsilä Lifecycle Agreement for Installation Vessel Green Jade
Wärtsilä reports it has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWEâs new 216 meters-long installation vessel, the Green Jade. Marco Kanaar, CEO of CDWE, owner of the Taiwan-designed and -built offshore heavy lift DP3 installation vessel Green Jade says: "High utilization of our Green Jade is of utmost importance to our business which is why we have selected the Wärtsilä thrusters and engines for its reputation for excellent quality and reliability.
MacGregor Gets Large Crane Order for Prysmianâs New Cable Layer
MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane, a 20T Offshore crane and a 3T deck crane to Prysmian, to equip the Italian ownerâs third NB970 CLV from Vard.The crane supply scheduled for the third quarter of 2025.In addition, MacGregor has been contracted to supply its OnWatch solutionâŠ
Ulstein Verft Cuts First Steel for New and Improved Nexans Aurora Vessel
Norwegian shipbuilder Ulstein Verft and Nexans Marine Operations have marked the start of construction of a new DP3 cable-laying vessel (CLV) Nexans Aurora in a steel cutting ceremony held on January 19, 2024.Four months after signing the shipbuilding contract, Nexans Marine Operations and Ulstein Verft officially started he construction of Nexansâ next cable laying vessel.Attending the steel cutting ceremony at the Crist hull yard were representatives from Nexans, Ulstein VerftâŠ
Red Rock to Supply Cranes for New Nexans Aurora Cable Layer
Norwegian offshore crane supplier Red Rock has been hired once again by Ulstein Verft to deliver upgraded crane package for a new and updated version of the DP3 cable laying vessel (CLV) Nexans Aurora.The cable-laying vessel will feature a split turntable on deck capable of holding up to 10,000t of cable, an under-deck turntable with a 3,500t cable capacity.It will be one of the worldâs most advanced cable layer vessels, measuring 31 meters in width and 149.9 meters in length.
Fincantieri Lands $250M Order from Prysmian for New Cable-Laying Vessel
Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a cable-laying vessel for Prysmian Group valued at $250 million.This is the third cable-laying vessel Vard is building for Prysmian Group after vessels Monna Lisa, currently under construction, and Leonardo da Vinci, which was delivered in 2021.According to the companies, the new unit will consolidate the widest fleet in the industry.The cable-laying vessel will be an evolution of the Monna Lisa class.
NOV to Supply Cable-lay Equipment for Nexans' New Vessel
NOV reports its Italian group Remacut has secured the cable-lay equipment contract for Nexans' new cable-lay vessel (CLV).Nexans Marine Operations and Norwegian shipbuilder Ulstein Verft entered into a contract in September for the construction of a large DP3 cable-laying vessel, which will be an updated version of the Nexans Aurora vessel, delivered in 2021. The vessel is an ST-297 CLV design by Norway-based Skipsteknisk.Remacut's integrated cable-lay systems feature automated line control equipment capable of performing synchronized bundled-lay operations.
Arbitration Tribunal Delivers Verdict: Hanwha Triumphs in Deepwater Drillship Dispute
An arbitration tribunal has delivered a verdict in a drillship order cancellation case involving offshore drilling contractor Northern Drilling and Daweoo Shipbuilding Marine and Engineering (now known as Hanwha Ocean), ruling in favor of Hanwha.Billionaire John Fredriksen-owned offshore drilling company Northern Drilling canceled the West Aquila and West Libra drillship orders with South Korea's Daewoo Shipbuilding & Marine Engineering in 2021, citing delay of deliveries as well as a repudiatory breach of contract, and said it would seek a refund for installments paid.
Nexans Aurora 2.0: Ulstein Verft to Build Another High End Cable Layer for Nexans
Nexans Marine Operations and the Norwegian shipbuilder Ulstein Verft have entered into a contract for the construction of a large DP3 cable-laying vessel, which will be an updated version of the Nexans Aurora vessel, delivered in 2021.The vessel is an ST-297 CLV design by Norway-based Skipsteknisk.Pascal Radue, Nexans EVP Generation & Transmission said:"We awarded the contract for a new vessel to Ulstein after an extensive tendering process, where Ulsteinâs track record, including the delivery of Nexans Aurora, was important factors in deciding on the shipyard Ulstein Verft yet again.