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Offshore News

12 Dec 2024

BOEM Advances Leasing for GoM Offshore Wind Energy

(c) Bednarek / Adobestock

The Bureau of Ocean Energy Management (BOEM) announced today that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The determination comes after an unsolicited request from Hecate Energy Gulf Wind LLC expressing interest in acquiring a commercial wind energy lease for WEA options C and D. On July 29, 2024, BOEM published a Request for Competitive Interest (RFCI) in the Federal Register seeking feedback on Hecate’s unsolicited lease request. Invenergy GOM Offshore Wind LLC expressed interest in WEA options C and D.

12 Dec 2024

Beacon Offshore Hires Subsea7 for US Gulf of Mexico Deepwater Job

(Credit: Subsea7)

Texas-based exploration and production company Beacon Offshore Energy has awarded a contract to Subsea7 for the work on Monument development in the U.S. Gulf of Mexico.The project involves the installation of a high-pressure 27-kilometre subsea tieback to the Shenandoah Floating Production System (FPS), located in Walker Ridge Block 316 at water depths reaching up to 2,000 meters.Subsea7's scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment…

12 Dec 2024

Seaway7 Secures More Work at Dogger Bank Offshore Wind Farm

(Credit: Seaway7)

Dogger Bank Offshore Wind Farm, a joint venture partnership between SSE Renewables, Equinor, and Vårgrønn, has signed a vessel reservation agreement with Seaway7 to support the construction of the offshore wind farm being built in the U.K. North Sea.The contract represents additional work for Seaway7 at the Dogger Bank offshore wind development, where it is currently installing monopile foundations and transition pieces.The value of the agreement is between $150 million and $300 million…

11 Dec 2024

Zelim Names USCG Senior as Head of New Business Unit for North America

L to R: Zelim’s Technical Lead Rory Hughes, Zelim CTO Doug Lothian, and Commander Matthew Mitchell, who joins Zelim to head up the company’s expansion across North America (Credit: Zelim)

Zelim, an Edinburgh-based maritime safety innovator, has appointed a former Commander of the United States Coast Guard (USCG) Matthew Mitchell to lead its U.S. office as part of the strategy to open new markets for its man-overboard and security threat detection and recovery technologies.Commander Matthew Mitchell, who has 20 years’ service with the USCG, most recently as head of search and rescue and policy, joins Zelim as Director of Search and Rescue to lead the newly incorporated…

11 Dec 2024

RightShip Revises Timeline for Vessel Inspection Age Trigger

© ID_Anuphon / Adobe Stock

RightShip, an ESG-focused digital maritime platform, has released a revised timeline for implementing its vessel inspection age trigger, reducing the inspection threshold from 14 to 10 years through a four-phased approach.The update has been introduced after extensive industry engagement, following the initial announcement of the inspection age trigger in October 2024.Constructive dialogue with RightShip’s customers and respected industry associations - including INTERCARGO, the International Chamber of Shipping (ICS)…

11 Dec 2024

Next Geosolutions Buys Offshore Survey Vessel for $7M

Illustration © panalot / Adobe Stock

Marine geosciences and offshore construction support services firm Next Geosolutions has acquired a multi-purpose survey vessel (MPSV) from Beitveit Holding for $7.1 million.The vessel, Sea Admiral, will be renamed NG EXPLORER, and will be used for geophysical, geotechnical, environmental and UXO surveys.The NG EXPLORER, with a length of 58 meters and a width of 14 meters, is an MPSV built in 2010 and equipped with a Dynamic Positioning Class II (DP2) system and diesel-electric…

11 Dec 2024

QatarEnergy Picks MOL-COSCO JV to Operate Six QC-Max Size LNG Vessels

(Credit: QatarEnergy)

QatarEnergy has selected the joint venture of Japan’s Mitsui O.S.K Lines (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) (CSLNG) to own and operate six QC-Max size LNG vessels.The six vessels will be built in China by Hudong-Zhonghua Shipbuilding Group, a subsidiary of China State Shipbuilding Corporation (CSSC).These vessels are the last batch of the 128 LNG vessels in QatarEnergy’s historic ship building program, made up of 104 conventional and 24 QC-Max size ultra…

10 Dec 2024

RWE, TotalEnergies Pick Buildout Base for Dutch Offshore Wind Farm

Buss Terminal Eemshaven (Credit: Buss Terminal Eemshaven)

RWE and TotalEnergies have selected the port of Eemshaven in the northern Dutch province of Groningen as the base for turbine assembly and construction work for their joint offshore wind project OranjeWind in the Dutch North Sea.The OranjeWind joint venture has signed an agreement with Buss Terminal Eemshaven, with the pre-assembly and offshore construction of turbines to be carried out in 2027.Construction activities at the offshore wind site will start in early 2026. Buss Terminal Eemshaven will facilitate the offloading…

10 Dec 2024

Hanwha Ocean Gets Bureau Veritas Clearance for FPSO Design

Hanwha Ocean's FPSO design (Credit: Hanwha Ocean)

Shipbuilder Hanwha Ocean has secured an Approval in Principle (AiP) from certification body Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design, which includes the latest developments in advanced digital solutions to support more energy efficient operations.Standard FPSO design of Hanwha Ocean measures 340 meters in length and 62 meters in width, with a crude oil storage capacity of 2.38 million barrels and a production capacity of 190…

09 Dec 2024

Iberdrola Gets Portugese Nod for Wind Farm Start

(c) artjazz Adobestock

Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal.Located in the districts of Vila Real and Braga, in northern Portugal, with a total investment of around €350 million, this project reinforces Iberdrola's commitment to environmental goals, being the first to combine wind and hydro energy. This implies sharing of the connection point and the evacuation line of electricity produced…

09 Dec 2024

Taiwan Sounds Alarm as China Deploys 90 Ships in Military Drill

© Jiraphat / Adobe Stock

Taiwan raised its alert level on Monday saying China has set up seven zones of reserved airspace and deployed naval fleets and coast guard boats in what a security source described as the first military drills across a broad swathe of the region's waters.A senior Taiwan security official told Reuters that China currently has nearly 90 navy and coast guard ships in waters near Taiwan, the southern Japanese islands and the East and South China Seas, of which around two-thirds were navy vessels.Beijing's defence ministry did not immediately respond to a Reuters request for comment.China…

09 Dec 2024

CMB.TECH Sells Three Suezmax Tankers

Cap Victor (Credit: CMB.TECH)

Belgian oil tanker company CMB.TECH has soled three Suezmax vessels to Bocimar International, a wholly owned subsidiary of CMB.The Suezmax vessels include Selena (2007, 150,205 dwt) Cap Victor (2007, 158,853 dwt) and Cap Felix (2008, 158,765 dwt).The sale will generate a capital gain of $70.9 million, and the vessels will be delivered to their new owner in December 2024, CMB.TECH said.“The transaction enables the company to manage its portfolio of ships in line with its strategy of decarbonizing and optimizing its fleet.

09 Dec 2024

Vard Completes Conversion of IT Infinity PSV to Cable Laying Vessel

(Credit: Vard)

Norwegian shipbuilder Vard has delivered IT Infinity vessel to I.T. International Telecom Marine (IT), after completing its conversion from Platform Supply Vessel (PSV) to specialized Cable Laying Vessel (CLV).Built at Vard Brattvaag and delivered to Volstad Maritime in 2008 as the Volstad Princess, the vessel has changed ownership several times.SD Standard Drilling acquired the ship in 2017, before it was sold to IT in 2021 and renamed IT Infinity.In 2024, the vessel returned to VARD for an extensive conversion…

06 Dec 2024

NOV '24 US Transport Unemployment Up Again, now above Pre-Pandemic benchmark

(c) Andrii / Adobestock

The unemployment rate in the U.S. transportation sector was 4.8% (not seasonally adjusted) in November 2024 according to the Bureau of Labor Statistics (BLS).These data have been updated on the Bureau of Transportation Statistics’ (BTS) Unemployment in Transportation dashboard. In November 2024, the transportation sector unemployment rate rose 0.3 percentage points from 4.5% in November 2023 and was above the pre-pandemic November 2019 level of 3.3%. Unemployment in the transportation…

06 Dec 2024

First Jacket Foundation for CVOW Substation Sets Sail from Danish Port

(Credit: Port of Esbjerg)

The first jacket foundation for the substation of the Coastal Virginia Offshore Wind (CVOW) project has departed from the Danish Port of Esbjerg and is on its way to the United States to be installed at the country’s largest offshore wind farm.The first of three offshore jacket foundations, standing 60-meter-tall and weighing approximately 2,445.6 tonnes, has been shipped from the production site at the Port of Esbjerg where it was manufactured.The jacket foundation will serve…

06 Dec 2024

Converse Joins Greensea IQ EverClean Growth Team

Greensea IQ appointed Brooks Converse as Director of Business Development for the EverClean team. Image courtesy Greensea IQ

Greensea IQ appointed Brooks Converse as Director of Business Development, focused on driving the growth and adoption of EverClean, the company’s flagship in-water hull cleaning solution, while building stronger partnerships within the maritime industry.Converse holds a Master of Science in International Transportation Management from the State University of New York Maritime College, and his understanding of port operations equips him to effectively address the challenges and…

06 Dec 2024

Cargo Ship’s Crew Rescued in Red Sea

© Alexey Seafarer / Adobe Stock

The crew of Panama-flagged cargo ship MV ISA STAR have been rescued in the Red Sea after sending a distress signal, the EU's Aspides naval mission said."All crew members aboard the MV ISA STAR have been rescued and will be transported to Djibouti, the nearest safe port of call," Aspides said in a statement posted on Facebook.The vessel had reported flooding in the engine room and the master requested assistance, it said, as its crew of 20 were forced to abandon it.One maritime…

06 Dec 2024

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

© vladsv / Adobe Stock

Sembcorp Industries has signed a Sale and Purchase Agreement (SPA) with Chevron’s Singapore branch to import up to 0.6 million tonnes of liquefied natural gas (LNG) year, starting from 2028.The LNG deliveries will take place over the course of 10 years as agreed by the companies.The SPA will further strengthen Sembcorp’s existing natural gas supply portfolio from diversified piped and liquefied sources globally.As a key natural gas importer for Singapore, Sembcorp reiterated its…

05 Dec 2024

Pirates Take Control of Chinese Fishing Vessel Off Somalia

© Archil / Adobe Stock

A Chinese fishing vessel is under the control of alleged pirates in Somalia's waters in the semi-autonomous Puntland region, the European Union's anti-piracy naval force said on Thursday.The anti-piracy force said the vessel with up to 18 crew members on board had been taken over by pirates, some armed with AK-47s and machine guns. It classified the incident as a robbery at sea.No crew members were injured in the incident, the anti-piracy force added.Somali pirates caused havoc in the waters off the Horn of Africa nation's long coastline between 2008 and 2018.

05 Dec 2024

Bergen Engines Adds ioCurrents’ Marine Data Platform to Its Offer

© khairulz / Adobe Stock

Seattle-based maritime data analytics company ioCurrents has signed a strategic agreement with engine supplier Bergen Engine, expanding the reach of its MarineInsight data analytics platform.The partnership will enable Bergen Engines to offer ioCurrents’ MarineInsight platform as a value-added solution to customers in new builds, repowers, and overhauls, leveraging real-time data analytics to optimize vessel performance.By combining Bergen Engines’ expertise in designing and delivering high-performance medium speed engines and power systems with ioCurrents’ data analytics…

05 Dec 2024

ABL Expands Its FPSO Expertise with Latest Acquisition

(Credit: ABL Group)

ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector.Proper Marine will be merged with ABL’s design and engineering arm Longitude.The company will expand ABL’s design and engineering capabilities with a team of over 90 professionals and a track-record of more than 1,600 projects.The acquisition will strengthen ABL Group’s offering in both Brazil and the wider Americas within vessel design and conversion…

05 Dec 2024

MPA and MISC Partner Up for Maritime Ops Digitalization

(Credit: MPA)

The Maritime and Port Authority of Singapore (MPA) and Malaysia’s MISC have signed a memorandum of understanding (MoU) to strengthen collaboration in innovation, research and development (R&D) and test-bedding activities, to advance digital transformation in the maritime industry.As part of the three-year arrangement, both parties will focus on integrating sustainable digital technologies into marine operations, enhance processes through data-sharing initiatives and cybersecurity…

05 Dec 2024

Authorities Launch Rescue Operation for Cargo Vessel's Crew in Red Sea

© isti / Adobe Stock

A rescue operation is under way for the crew of a Panama-flagged cargo vessel that was abandoned off the port of Hodeidah in the Red Sea, three maritime security sources said on Thursday.The cause of the incident remained unclear and the number of crew on board was not known.The crew were forced to abandon the vessel, one of the sources told Reuters, adding that the ship experienced engine problems.

05 Dec 2024

US to Release LNG Study by Mid-December

© Mike Mareen / Adobe Stock

The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas (LNG) exports by the middle of this month, a Department of Energy official said on Wednesday."We expect to release the final study ... by mid-December for a 60-day public comment period," Brad Crabtree, an assistant secretary at the DOE, told lawmakers at a House of Representatives hearing.The administration of Democratic President Joe Biden put a pause in January on approvals of new LNG exports to countries with which the U.S.

04 Dec 2024

Shell Pumps the Brakes on Offshore Wind Investments, Splits Power Group

Copyright Dennis/AdobeStock

Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy.The changes are part of a company-wide review launched in 2023 aimed at reducing costs as CEO Wael Sawan focuses on activities with the highest returns. In many cases that has meant reducing spending on low-carbon and renewable businesses and increasing the focus on oil…

04 Dec 2024

AKOFS Offshore Secures $300M for Well Intervention Vessel’s Work with Equinor

AKOFS Seafarer (Credit: AKOFS Offshore)

Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey (SPS) and in direct continuation of the current contract period.The option period has a total value of about $300 million and means that the vessel will perform light well intervention services (LWI) for Equinor up to late fourth quarter of 2028.Classified as well intervention unit in compliance with the IMO-MODU code…

04 Dec 2024

Nordic Shipping Roadmap Urges Govs to Close Fuel Transition Cost Gaps

Nordic Ministers and contributing roadmap project partners (Credit: Carsten Lundager/Supplied by DNV)

The Nordic Roadmap project has unveiled the Fuel Transition Roadmap for Nordic Shipping, a comprehensive document outlining a decarbonization strategy for the region, which urges the Nordic ministers to close the cost gap associated with the fuel transition.The roadmap has been developed by the project team led by DNV with members from MAN Energy Solutions, IVL Swedish Environmental Research Institute, Chalmers University of Technology, Menon Economics, and Litehauz, and in collaboration with more than 60 industry partners.To decarbonize…

04 Dec 2024

Philippines and China Dispute Over South China Sea Incident Escalates

© prehistorik / Adobe Stock

China and the Philippines gave conflicting versions on Wednesday of a maritime confrontation around a contested shoal in the South China Sea, the latest row in a longstanding dispute between the neighbours.Chinese coast guard vessels fired water cannons and side-swiped a Manila fisheries bureau boat on the way to deliver supplies to Filipino fishermen in the area, according to Philippines officials, a move that drew condemnation from the United States.The incident follows a diplomatic…

04 Dec 2024

Fortress’ FTAI Sells Two Offshore Energy Vessels for $143M

M/V Pride vessel (Credit: FTAI Ocean)

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 crane…

03 Dec 2024

BOEM Okays Maryland Offshore Wind Plans

© Adobestock / Photocreo Bednarek

The Bureau of Ocean Energy Management (BOEM) has announced its approval of the Construction and Operations Plan for the Maryland Offshore Wind project.This is the final approval needed for the project from BOEM following the Department of the Interior’s September 2024 Record of Decision. This significant milestone advances the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030.“I am pleased to announce BOEM’s approval of our nation’s tenth commercial-scale offshore wind energy project.

03 Dec 2024

Hapag-Lloyd Scratches Fouling ITCH with Shipshave’s Solution

The ITCH in action (Credit: Shipshave)

German container line operator Hapag-Lloyd has implemented Shipshave’s In Transit Cleaning of Hull (ITCH) solution for proactive fouling removal on two of its container ships, achieving significant fuel savings and emissions reduction results.In order to independently verify the benefit of proactive fouling removal, Shipshave in cooperation with Hapag-Lloyd commissioned DNV to analyse operational performance data from two Hapag-Lloyd container ships equipped with the ITCH solution.The vessels are of 8…

03 Dec 2024

Petrofac Extends Stay for DDW Offshore’s Skandi Emerald AHTS

Skandi Emerald AHTS vessel (Credit: DDW Offshore)

Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14, 2025.To remind, Petrofac already extended the contract for Skandi Emerald AHTS in January 2024, following the original one-year contract the companies signed in September 2022.Skandi Emerald AHTS Set for Petrofac’s Northern Endeavour FPSO JobAt the time…

02 Dec 2024

BOEM ID's Environmental Measures for NY Bight Wind

(c) artjazz / Adobestock

In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a Record of Decision identifying environmental measures expected to be applied to future wind energy development of the six lease areas offshore New York and New Jersey in an area known as the New York Bight. BOEM estimates that full development of the six lease areas could generate up to 7 GW of offshore wind energy, enough to power up to two million homes.

02 Dec 2024

27 New Alternative-Fueled Vessel Orders in November, DNV Finds

(Credit: DNV)

The latest figures from DNV’s Alternative Fuels Insight (AFI) platform have confirmed that a total of 27 new orders for alternative fueled vessels have been placed in November 2024.According to DNV’s AFI platform, LNG continues to be the main driver, accounting for 23 vessels, with most of these (15) coming from the container segment.November 2024 has also been a strong month for the car carrier segment, with six new LNG-fueled vessels added to the orderbook.Four new orders for…

02 Dec 2024

Senesco’s Sixth CTV Set for Offshore Wind Service

WindServe Spartan CTV (Credit: Senesco Marine)

Senesco Marine has launched its sixth Crew Transfer Vessel (CTV), the WindServe Spartan, which will put to service for United States’ growing offshore wind industry.WindServe Marine, a sister company to the Rhode Island shipbuilder Senesco Marine - both part of the Reinauer Group - will operate the CTV.“This state-of-the-art vessel is set to begin its important work off the coast, showcasing our commitment to excellence and innovation. A big shoutout to our incredible team for their hard work and dedication…

02 Dec 2024

ABL Wraps Up Work for FSRU Toscana Project in Italy

(Credit: ABL)

Energy and marine consultancy ABL has completed its scope of work as marine warranty surveyor (MWS) to support the successful transport and re-installation of the floating storage and regasification unit (FSRU) Toscana, off the coast of Livorno in Italy.ABL was appointed on this project by OLT Offshore LNG Toscana, the owner of FSRU Toscana.In mid-April 2024, the FSRU Toscana was successfully towed with the support of two tugs, to the port of Genoa, Italy, where it began the first phase of an 'extraordinary maintenance intervention' campaign.

02 Dec 2024

CorPower Teams Up with SwitchH2 for Wave Powered Green Ammonia Project

(Credit: CorPower Ocean)

Swedish wave energy company CorPower Ocean has partnered with SwitchH2, offshore floating production systems developer for the delivery of green hydrogen and green ammonia, to deliver industrial-scale floating green ammonia production facility partially powered by wave energy.With backing from Norway-based BW Offshore and Dutch Oceans Capital, SwitcH2 is leading the development of industrial-scale offshore green hydrogen and green ammonia production units based on proven FPSO (floating production…

02 Dec 2024

MOL Launches Mitsui Ocean Fuji Cruise Ship

Mitsui Ocean Fuji cruise ship (Credit: MOL)

Mitsui O.S.K. Lines (MOL) has launched the Mitsui Ocean Fuji cruise ship, owned by MOL Group company MOL Cruises.The 32,477-ton Mitsui Ocean Fuji, the first cruise ship in Japan with all suite cabins, will offer a total of five debut cruise packages and one New Year's cruise through January 2025.In addition to cruises to and from Yokohama, it also offers cruises to andfrom Kobe and Nagoya, and cruise to and from Beppu, Shimonoseki, Shingu, Kochi, Nagoya, Sakaide, Kobe, Matsuyama…

02 Dec 2024

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

(Credit: Yinson Production)

PTSC Asia Pacific, a joint venture between Yinson Production and PetroVietnam Technical Services Corporation (PTSC), has secured a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project offshore Vietnam.PTSC Asia Pacific executed the contract with Murphy Cuu Long Bac Oil, a wholly owned subsidiary of Murphy Oil Corporation.The FSO will be a newbuild double-hull vessel with storage capacity around 500…

29 Nov 2024

A-O-S Welcomes Its Third CTV for Offshore Wind Market

M/V Guarder CTV (Credit: A-O-S)

American Offshore Services (A-O-S) has taken delivery of a hybrid-ready ready Crew Transfer Vessel (CTV), the third G-Class vessel for the company in 2024, which will support the development of offshore wind industry on the United States’ East Coast.The vessel, named M/V Guarder, has been designed and developed in partnership with Northern Offshore Services (N-O-S) to transfer technicians and equipment to the rapidly expanding offshore wind industry, a service crucial for constructing and maintaining wind energy infrastructure.As a ‘future-proof’ platform…

29 Nov 2024

GAIL Pens Long-Term Charter with “K” Line for LNG Ship

© moofushi / Adobe Stock

GAIL (India) has signed a long-term time charter contract with Kawasaki Kisen Kaisha (“K” Line) for a newbuild liquefied natural gas (LNG) ship.The LNG ship will be a modern two-stroke vessel having a tank capacity of 1,74,000 cubic metres and will be built by Samsung Heavy Industries.The contract was signed through GAIL’s ship-owning company established in Singapore.This is the first long-term time charter contract between GAIL and "K" LINE involving a newly built vessel which is expected to be engaged in transportation of LNG for GAIL in 2027.GAIL currently has four LNG vessels…

29 Nov 2024

Maersk Eyes 15-20% Alternative Fuels to Power its Fleet In 2030

(Credit: Maersk)

Alternative fuels could account for up to a fifth of A.P. Moller-Maersk's marine fuel consumption in 2030 as part of its goal to reach net zero by 2040, a senior company executive said on Thursday.The container shipping giant typically consumes between 10 and 11 million metric tons of fuel oil equivalent per year, of which 3% were alternative fuels last year, Emma Mazhari, vice president, head of energy markets, told reporters.The world's fleet moves more than 80% of global trade…

29 Nov 2024

Red7Marine Assists N-Sea with OW Export Cable Repair in Irish sea

(Credit: Red7Marine)

Marine construction contractor Red7Marine has supported subsea solutions specialist N-Sea Group in a critical export cable repair project for the 576 MW Gwynt y Môr offshore wind farm in the Irish Sea.With complete delivery of two jack-up barges, supporting tugs, a 220t telescopic crawler crane, accommodation and catering service, Red7Marine’s end-to-end package enabled N-Sea to focus on its project goals of completing the repair project.N-Sea Group was contracted by an Offshore…

28 Nov 2024

DEME to Build Offshore Wind Terminal in German Port

(Credit: DEME)

DEME has been awarded a contract, worth up to $52 million, for the construction of an offshore wind terminal in the Port of Cuxhaven in Germany.The terminal will boost Cuxhaven’s position as a key offshore industrial hub to support the handling of heavy-duty loads, particularly components for offshore wind farms.Operated by Niedersachsen Ports (NPorts), the expanded offshore wind terminal will consist of three (5-7) berths and 1,250 metres of quay wall for heavy loads, as well as a storage area of 38 hectare.As part of a consortium…

28 Nov 2024

Chinese Ships Group Together Near Philippines’ Key Island Outpost in South China Sea

© Chaiyapuek / Adobe Stock

Satellite images obtained by Reuters on Thursday show a build-up of Chinese civilian vessels near contested Thitu Island, Manila's key outpost in the South China Sea, but a senior Philippine navy officer said they are "not a cause for concern".One of the images taken by Maxar Technologies on Monday and reviewed by Reuters shows about 60 vessels, some within 2 nautical miles of Thitu, a strategically important island from which Manila monitors Chinese vessels and aircraft in the busy waterway.Vice Admiral Alfonso Torres…

28 Nov 2024

PXGEO to Keep Sea1 Offshore’s Subsea Construction Vessel on Duty

Sea1 Spearfish OSCV (Credit: Sea1 Offshore)

Norwegian offshore vessel owner Sea1 Offshore has secured contract extension from marine geophysical service provider PXGEO for its offshore subsea construction vessel (OSCV) Sea1 Spearfish.PXGEO exercised the option to extend the contract for Sea1 Spearfish OSCV for one more year until the first quarter of 2026.The vessel will continue to be engaged within the marine geophysical segment and support charterer's operations world-wide.Sea1 Offshore entered the one year contract with PXGEO for the vessel back in February 2024…

28 Nov 2024

Hapag-Lloyd Inks Long-Term Green Methanol Offtake Deal with Goldwind

(Credit: Hapag-Lloyd)

Hapag-Lloyd has reached an agreement with China-based Goldwind for the delivery of 250,000 tonnes of green methanol per year, which will lead to savings of up to 400,000 tonnes of CO2e emissions per year.The green methanol will consist of a blend of bio- and e-methanol, ensuring greenhouse gas (GHG) emissions reduction of at least 70%, and comply with all current sustainability certification requirements.By 2030, Hapag-Lloyd aims to reduce the absolute GHG emissions of the fleet by around one third compared to 2022.

26 Nov 2024

VLSFO Oil Spill Remnants Haunt Mauritius Mangroves Three Years Later

MV Wakashio ran aground on a coral reef off Mauritius, spilling 1000 tonnes of a new type of marine fuel oil, Image courtesy Curtin University

Three years after bulk carrier MV Wakashio ran aground on a coral reef off Mauritius, spilling 1000 tons of a new type of marine fuel oil, Curtin University-led research has confirmed the oil is still present in an environmentally sensitive mangrove forest close to Ramsar conservation sites.Lead researcher Dr. Alan Scarlett, from Curtin’s WA Organic and Isotope Geochemistry Center in the School of Earth and Planetary Sciences, said the chemical ‘fingerprint’ of the oil found in…

26 Nov 2024

Damen, Herman Sr. ink Multi-Purpose Vessel LOI

Damen Multipurpose Vessel (c) Damen

New MPV brings increased versatility to workboat sector.Damen Shipyards Group and Herman Sr. have signed a letter of intent (LOI) for the construction of a new Multi-Purpose Vessel (MPV) 4916. The LOI was signed during the Offshore Energy exhibition in Amsterdam on 26 November by Jeroen van Woerkum on behalf of Damen and Chris and Erwin van Dodewaard of behalf of Herman Sr.Next level versatilityThe MPV 4916 will be the first in a series of vessels combining the qualities of the…

26 Nov 2024

MOL Fortifies Decarbonization Ties with Maritime and Port Authority of Singapore

(Credit: MOL)

Mitsui O.S.K. Lines (MOL) has signed a comprehensive memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to deepen cooperation in the fields of decarbonization, digitalization, and human resources development.MOL and MPA have been cooperating in various initiatives to decarbonize the maritime industry, the new agreement will further promote these initiatives in a wide range of fields.Specifically, the scope of the MoU covers the collaboration in the field of decarbonization in the maritime industry in general.

26 Nov 2024

Sweden Seeks Return of Chinese Ship Linked to Baltic Sea Subsea Cable Sabotage

© Anoo / Adobe Stock

Sweden is asking a Chinese vessel to return to Swedish waters to help facilitate the Nordic country's investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister Ulf Kristersson said on Tuesday.Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours on Nov. 17-18, raising suspicions of sabotage, countries and companies involved said.Denmark's military said soon afterwards that its vessels were staying close to Chinese bulk carrier Yi Peng 3…

26 Nov 2024

US Oil Focused on Economics, not 'Drill, Baby, Drill' - Exxon Mobil Exec

Copyright phjacky65/AdobeStock

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said."We're not going to see anybody in 'drill, baby, drill' mode," Liam Mallon, head of Exxon's upstream division, told the Energy Intelligence Forum conference in London."A radical change (in production) is unlikely because the vast majority, if not everybody, is focused on the economics of what they're doing," he said.

25 Nov 2024

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Photo courtesy U.S. Air Force photo by Staff Sgt. Westin Warburton

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.The energy checklist largely reflects promises Trump made on the campaign trail, but the plan to roll out the list as early as day one ensures that oil and gas…

25 Nov 2024

Offshore Wind RoRo Vessel Rotra Futura Launched

Rotra Future is launched. Image courtesy Concordia Damen

A key consideration in planning for the future of offshore wind is designing and delivering the maritime assets that are 'future-proof', able to scale with the growing size of offshore wind pieces and components.A collaboration between Concordia Damen, Amasus, deugro Danmark, Siemens Gamesa, and DEKC Maritime aims to do exactly that, in the development and construction of two new and advanced Offshore Wind RoRo vessels: Rotra Futura and Rotra Horizon. These vessels, of which the first one launched yesterday at Jiangsu Zhenjiang Shipyard…

25 Nov 2024

Oil and Gas Output Trended High Before and After Trump

© Paul / Adobe Stock

President-elect Donald Trump's support for the fossil fuel sector and climate scepticism have sparked dismay throughout the global climate tracking community, and fears that his policies may reverse global energy transition momentum.His campaign speeches included pledges to boost domestic oil and natural gas output and to remove mandates on electric vehicle production, but he has yet to publish many specific new energy policies.This lack of clarity has spurred despair among the climate community as it braces for the worst.But a look back at the trends across the U.S.

22 Nov 2024

As Subsea Comms Cable Security Comes to the Fore, FCC Mulls New Rules

Copyright Daniel/AdobeStock

The Federal Communications Commission voted 5-0 to propose new rules governing undersea internet cables in the face of growing security concerns in the wake of two fiber-optic undersea telecommunication cables being severed in the Baltic Sea this week, which is suspected to be sabotage.The FCC eyes new rules to address the national security concerns over the global network of more than 400 subsea cables that handle more than 98% of international internet traffic."With the expansion of data centers…

22 Nov 2024

CSL-OWL Joint Venture Orders Two Rock Installation Vessels for Offshore Wind

(Credit: CSL OWL Subsea Rock Installation)

CSL OWL Subsea Rock Installation, a newly formed partnership between the CSL Group and Offshore Wind Logistics (OWL), has ordered two newbuild subsea rock installation vessels tailored for the offshore wind sector.Each vessel will have a cargo capacity of 17,500 metric tonnes and will be equipped with dynamic positioning (DP2).They will be able to operate on marine gas oil (MGO) and/or methanol, providing a pathway to zero emission operations.Purpose-built for optimal flexibility…

22 Nov 2024

Solstad Offshore Nets $60M in New Vessel Contracts

Normand Sagaris AHTS (Credit: Solstad Offshore)

Norwegian offshore vessel owner Solstad Offshore has secured multiple new contracts and contract extensions, whose combined value is $60 million.Solstad secured one new contract, and one contract extension from Petrobras, for work offshore Brazil.Namely, Petrobras awarded an 18-month firm contract for the construction support vessel (CSV) Normand Valiant. The start of the contract is scheduled for February 2025 in direct continuation of current contract.Solastad also secured a contract extension for its anchor handling tug supply (AHTS) vessel Normand Sagaris…

21 Nov 2024

ABS and KOMERI Strengthen Maritime Technology R&D Cooperation

(Credit: ABS)

American Bureau of Shipping (ABS) and the Korea Marine Equipment Research Institute (KOMERI) have signed an agreement that establishes a framework for strengthening technology research and development in the shipbuilding and marine industries.The two organizations will cooperate in the use of research facilities and equipment, as well as testing and certification. Further, they plan to provide mutual information exchanges and professional education through seminars, workshops and other network building events.“Maritime and offshore technologies are evolving rapidly.

21 Nov 2024

DeepOcean Lands Its Largest IMR Contract to Date for Equinor’s Norwegian Assets

Rem Ocean vessel (Credit DeepOcean)

Ocean services provider DeepOcean has secured a long-term subsea inspection, maintenance and repair (IMR) contract from Equinor, its largest contract on record.The eight-year contract will set a new benchmark for digitalized and environmentally friendly IMR operations.Equinor and DeepOcean have signed a contract for IMR services covering the period 2027-2035 for Equinor-operated assets on the Norwegian continental shelf and in Europe.The contract will be served by an extensive team of specialist subsea engineers…

21 Nov 2024

Netherlands to Enlist Private Firms to Protect North Sea Assets from Russian Sabotage

© AS Photo Family / Adobe Stock

The Netherlands plans to temporarily enlist additional personnel and equipment from private companies to strengthen security in its part of the North Sea, the Defence Ministry said on Wednesday, confirming media reports.The decision follows reports last year from Dutch military intelligence agency MIVD that Dutch North Sea infrastructure, such as gas pipes and windmills, is the target of Russian sabotage activities.

21 Nov 2024

Container Shippers Mitigating Green Transition Risks with Dual-Fuel Vessel Orders

© tawatchai1990 / Adobe Stock

Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.Their order books, however, reflect uncertainty over which of a wide array of so-called green fuels will become the standard in the decades to come, and whether supplies will be cheap and abundant enough to keep their fleets in motion.Decarbonizing…

20 Nov 2024

Misunderstanding General Average Concepts Could Harm Offshore Operators

© corlaffra / Adobe Stock

At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA) when concluding charter-party contracts for offshore services could cause problems in the event of an incident or accident.Michiel Starmans, a Fellow of the AAA and Director Legal Department of the Spliethoff Group and Alf Inge Johannessen…

20 Nov 2024

EIA: US Crude, Gasoline Inventories Rise

VLCC (c) Jouni Niskakoski / Adobestock

U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw, the Energy Information Administration said on Wednesday.Crude inventories rose by 545,000 barrels to 430.3 million barrels in the week ended Nov. 15, the EIA said, compared with analysts' expectations in a Reuters poll for a 138,000-barrel rise.Crude stocks at the Cushing, Oklahoma, delivery hub fell by 140,000 barrels in the week, the EIA said. Net U.S.

20 Nov 2024

Poland to Boost Offshore Wind, Energy Security

Offshore wind (c) artjazz / Adobestock

Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to boost the security of its critical energy infrastructure, government officials said on Wednesday."Maritime offices will submit analyses any moment, which will give grounds to make a decision on designating new areas for offshore wind farms," Deputy Infrastructure Minister Arkadiusz Marchewka told an industry conference.Poland is boosting its offshore ambitions in the Baltic Sea…

20 Nov 2024

AST Reygar Launches SOV Remote Monitoring System

(Credit: AST Reygar)

AST Reygar has introduced its BareFLEET remote monitoring system, a solution designed to optimize Service Operation Vessels (SOV) performance in real-time, while providing long-term operational insights.BareFLEET delivers actionable insights across key areas, including fuel consumption, emissions, vessel motion, gangway operability, and navigation activity.The system was developed in response to challenges faced by SOV operators responding to unprecedented growth of offshore wind…

20 Nov 2024

ABL Expands Maritime Consultancy Services to New Zealand

(Credit: ABL)

Energy and marine consultancy ABL has expanded its global presence with a new office in New Zealand, to support the country’s growing maritime and offshore energy markets.The ABL New Zealand office will be led by experienced maritime professional Morwenna Vye, offering the company’s full range of energy and marine consultancy services.Leveraging the global expertise and resources of ABL Group, the new office will specialize in services including technical due diligence, technical advisory and management consultancy…

20 Nov 2024

Norway's O&G Production Beats Expectations

Copyright Wolfborn Indiearts/AdobeStock

The Norwegian Offshore Directorate said that Norway's oil and gas production in October exceeded the official forecast by 5 percent.Norway is Europe's biggest supplier of natural gases and oil. However, output can vary from month to months depending on maintenance and other stops at over 90 offshore fields.The total oil, gas liquids, natural condensate and gas production stood at 0.657 standard cubic metres (SCM) per day. This is equivalent to 4,13 million barrels oil equivalent.The…

19 Nov 2024

Vestdavit Supplies Davits for Ulstein Newbuild CSOV

Olympic Notos (c) Ulstein

Advanced boat-handling systems supplied by Vestdavit have been installed on the newbuild CSOV Olympic Notos delivered for Olympic by Norway’s Ulstein Verft, which is raising the bar in terms of sustainability and operational efficiency for such vessels employed in the offshore energy sector.The leading Norwegian supplier provided a total package of five davits for the vessel including two H-9001 davits - one dedicated lifeboat davit and the other a combination of MOB (man overboard) and lifeboat davit.

19 Nov 2024

Germany Reaffirms Suspicions of Baltic Subsea Cable Damage Being Sabotage

© Pungu x / Adobe Stock

The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania's armed forces boosted surveillance of its waters in response."No one believes that these cables were cut accidentally. I also don't want to believe in versions that these were ship anchors that accidentally caused the damage," German Defence Minister Boris Pistorius said before a meeting with EU colleagues in Brussels.Two fibre-optic cables - one linking Finland and Germany…

19 Nov 2024

OMSA’s Smith: Defending US-Flag Vessels is about Economic, National Security

Anyone who knows Aaron Smith, president and CEO of OMSA, knows that he is passionately focused on the U.S. maritime industry and staunchly defending the U.S. Jones Act fleet and mariners. We caught with Smith on the sidelines of the Workboat Show in New Orleans last week. Highlights of the conversation are below – including an update on the American Offshore Worker Fairness Act – the full interview can be seen on Maritime Reporter TV.Let’s talk a bit about the offshore energy industry today.

19 Nov 2024

VPS and DNV’s Veracity Integrate Vessels MRV Reporting Services

(Credit: VPS)

Maritime digital decarbonization services provider VPS has entered a partnership agreement with Veracity, DNV’s independent data platform, to streamline monitoring, reporting, and verification (MRV) services for offshore vessels.The partnership will enable a transfer of validated and checked operational MRV data from VPS’ Maress system, to the Veracity data platform, where it is connected to the DNV's real-time data verification services.By streamlining data collection, validation and verification…

19 Nov 2024

MOL and KEPCO Launch Joint Study for Liquefied Hydrogen Carrier

© Negro Elkha / Adobe Stock

Mitsui O.S.K. Lines (MOL) and the Kansai Electric Power Company (KEPCO) have signed a memorandum of understanding (MoU) for the joint study of a liquefied hydrogen carrier.This is the first such agreement in Japan between a shipping company and a power generation regarding marine transport of liquefied hydrogen, which is a key element in the establishment of a hydrogen fuel supply chain.Under the MoU, the two companies will conduct a detailed study and review of the optimal vessels and operations in the liquefied hydrogen supply chain…

18 Nov 2024

Euro Oil Giants Rethink Renewable Balance

Copyright Andreas Prott/AdobeStock

Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals, revive its share price and allay investor concerns over future profits.Rivals Shell and Norway's state-controlled Equinor are also scaling back energy transition plans set out earlier this decade. Their change of direction…

18 Nov 2024

Workboat 2024: A Ton of Energy

There’s plenty to go around for everyone, no matter it comes from.I will admit that attending the 2024 Workboat Show in the Big Easy just ten days after settling into the MarineNews Editor’s chair (for this, the second time around) had my full attention. The event typically evokes the specter of drinking from the proverbial fire hose in routine times, but attending and digesting all it has to offer, right out of the gate, makes the task just little bit edgier. Ultimately, last week’s trade show exuded terrific energy, from exhibitors to attendees alike.

18 Nov 2024

Eco Wave Power Gets Permit for Its First US Wave Energy Project

(Credit: Eco Wave Power)

Eco Wave Power has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its wave energy project at AltaSea’s premises at the Port of Los Angeles.The milestone marks a significant step forward in the development of Eco Wave Power’s pioneering wave energy project, which is set to become the first onshore wave energy installation in the United States.The permit, authorizes Eco Wave Power to install eight wave energy floaters on the piles of an existing concrete wharf structure.The system will also include an energy conversion unit…

18 Nov 2024

DNV, Seatrium Team Up for Innovation in Marine and Offshore

(Credit: DNV)

DNV has signed a memorandum of understanding (MoU) with Seatrium to cooperate on strategic activities and projects in the areas of engineering, technology and new product design, with key focus on floating offshore energy solutions.Under the MoU, DNV will provide Seatrium with expert advice on market and regulatory trends, emerging technologies, and best practices for environmental, safety and quality standards, in the maritime and offshore sectors.Both parties will work closely on optimizing existing processes and improving efficiencies across newbuilding…

18 Nov 2024

Japan’s First LNG Bunkering Vessel Marks Milestone

(Credit: NYK Group)

Japan's first liquefied natural gas (LNG) bunkering vessel Kaguya conducted its 100th ship-to-ship supply of LNG fuel, with the refueling of the car carrier Sakura Leader at the port of Mikawa in Aichi Prefecture.Kaguya was completed in 2020 as Japan's first LNG bunkering vessel and is operated by Central LNG Marine Fuel, a JV company among NYK, Kawasaki Kisen Kaisha, JERA Co, and others.Since October of the same year, the vessel has been part of Japan's first LNG bunkering business, using the ship-to-ship supply method.

18 Nov 2024

Hybrid-Ready CTV for the Polish Offshore Wind Sector

(Credit: Screenshot/Video by Strategic Marine)

Strategic Marine has delivered a a StratCat 27 Crew Transfer Vessel (CTV) to ORLEN to operate in Poland’s growing offshore wind sector.The vessel is designed specifically for offshore wind farm operations. It is scheduled to begin operations in the North Sea before transitioning to the Polish exclusive economic zone in the Baltic Sea.The StratCat 27 is equipped with advanced technologies to meet the demanding conditions of offshore wind farms. The vessel meets Tier III emission requirements and is hybrid-ready…

15 Nov 2024

Cadeler’s WTIV Newbuild Arrives to Rotterdam Ahead of Maiden Job

Cadeler’s newbuild offshore wind installation vessel (WTIV) Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load, has arrived to Rotterdam in the Netherlands, ahead of its first deployment.The P-class vessel arrived to Rotterdam after 73-day long journey from Cosco Shipyard in Qidong, China.The vessel has sailed more than 14,000 nautical miles with stops in Singapore, Cape Town, Las Palmas and now, Rotterdam.Wind…

15 Nov 2024

LR and SHI Join Forces for Green Ammonia FPSO System

(Credit: Lloyd’s Register)

Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries, but its application for ammonia is relatively new. The unit will use renewable energy to provide power for electrolysis of seawater to produce green hydrogen, which will be combined with nitrogen and synthesized to produce green ammonia…

15 Nov 2024

Cargotec to sell MacGregor to Triton for Over $500M

Illustration (Credit: MacGregor)

Finnish engineering firm Cargotec said on Thursday it would sell its cargo handler business MacGregor to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt.The deal would be pursued to help its on-road load handling business, Hiab, operate as a standalone business, Cargotec said, adding that its CEO Casimir Lindholm would step down and be replaced by Hiab President Scott Phillips as a part of the arrangement.Hiab would subsequently be the only business remaining under Cargotec as a result of the deal…

14 Nov 2024

Seatrium Launches Digital Learning Lab

Left to right: Low Khah Gek, Chief Executive Officer of ITE and Chris Ong, Chief Executive Officer of Seatrium (Source: Seatrium)

Seatrium and the Institute of Technical Education (ITE) in Singapore have inaugurated a Digital Learning Lab.The ITE-Seatrium Digital Learning Lab is designed to be a leading educational and innovation hub for the marine and offshore energy industry.By providing a dynamic and immersive learning environment for students, the Lab features practical skills development in energy and engineering, technological literacy in digital advancements and hands-on learning experiences emphasizing active engagement and problem-solving.Courses on Digital Yard Technology Applications…

14 Nov 2024

GE Vernova Probe Finds Corners Were Cut

Source: Vineyard Wind

GE Vernova’s offshore wind turbine manufacturing plant has fired or suspended several workers in Quebec after a company investigation found they took shortcuts on quality control, sources familiar with the matter told Reuters.GE Vernova launched the probe at the factory in Gaspe, Quebec, after one of the 107-meter-long turbine blades it made shattered at the Vineyard Wind project off the coast of Massachusetts in July. Shards of fiberglass littered the beaches and forced the project…

14 Nov 2024

Noble Picks ABS Wavesight’s Solution for Offshore Assets’ Digital Recordkeeping

(Credit: ABS Wavesight)

Offshore drilling contractor Noble Corporation has selected ABS Wavesight’s eLogs electronic logbooks for digital recordkeeping across its entire fleet of offshore assets.ABS Wavesight eLogs offers a comprehensive and streamlined approach to recordkeeping for both the maritime and offshore industry.The secure digital platform replaces traditional paper logbooks, delivering a more efficient, reliable, and user-friendly solution for record management.By leveraging advanced technologies such as cloud computing…

13 Nov 2024

Industry Partnership to Develop Safety Guidelines for Ship-to-Ship Ammonia Bunkering

(Credit: Korean Register)

A landmark partnership to develop the safety guidelines for ship-to-ship ammonia bunkering has been established through a memorandum of understanding (MOU) between KR (Korean Register), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), KSS Line, and the Liberian Registry.As the demand for ammonia-fueled vessels rises, this partnership aims to establish robust safety standards for STS ammonia bunkering, an efficient method for supplying fuel to ammonia-fueled vessels.The safe bunkering of alternative fuels…

13 Nov 2024

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

OTEC Power Module concept (Credit: Global OTEC)

Ocean energy company Global OTEC unveiled the OTEC Power Module concept, a system that employs ocean thermal energy conversion (OTEC) technology to provide clean power for remote offshore platforms and wells.Designed as an alternative to traditional long subsea tiebacks, the OTEC Power Module could provide clean baseload electricity and flow assurance services without the need for cables and hydraulics, which typically limit reach to 35 km.Building on Global OTEC’s experience…

13 Nov 2024

Bourbon to Support Oil and Gas Major’s Drilling Campaign Off Namibia

(Credit: Bourbon)

Bourbon Logistics has secured a new fully integrated logistics contract by an unnamed oil and gas major to support its exploration campaign and the drilling of its first well in the waters of southern Namibia.The campaign, estimated to last about six months, marks a significant step forward in the client’s strategy, particularly in terms logistics strategy with the first integrated logistics contract.For Bourbon Logistics, it is the continuation of the successes already achieved…

12 Nov 2024

INEOS Orders CO2 Carrier

Source: INEOS

INEOS and Royal Wagenborg have signed an agreement for the delivery of a CO2 carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.Project Greensand has already marked a world-first achievement by demonstrating the safe, cross-border transport of CO₂ for injection into a depleted oil field. In March 2023, HM King Frederik of Denmark authorized the first injection of CO₂ into Danish subsoil in the North Sea.The agreement with Royal Wagenborg marks the first deployment of a dedicated CO₂ vessel for Project Greensand.

12 Nov 2024

China Ups Pressure on Philippines to Cede Claims in South China Sea

© atdr / Adobe Stock

China is stepping up pressure on the Philippines to concede its sovereign rights in the South China Sea, Manila's Defense Secretary Gilberto Teodoro said on Tuesday after meeting his Australian counterpart in Canberra.The fifth such meeting since August 2023 reflects growing security ties between the countries, which have both voiced concern about Chinese activity in areas of the busy waterway claimed by the Philippines and other Southeast Asian nations."What we see is an increasing demand by Beijing for us to concede our sovereign rights in the area…

12 Nov 2024

BNS Boosts Its Marine Electrical Solutions Portfolio with New Acquisition

(Credit: BNS)

BNS has acquired Carolina Power Systems (CPS), a provider of marine electrical equipment to the military shipbuilding industry, which will bolster its marine power capabilities.With the acquisition of CPS, combined with that of Cadick Corporation, BNS now offers full lifecycle solutions, services and maintenance support for military and commercial across the marine electrical system spectrum.CPS provides switchboards, motor controllers and other control and monitoring equipment for installation on U.S. Navy and Coast Guard ships.

12 Nov 2024

DOF Lands IMR Vessel and Subsea Services Contract in Asia Pacific

(Credit: DOF)

Norwegian offshore vessel operator DOF Group has won a contract for IMR vessel and associated subsea services in the Asia Pacific region.The contract will utilize one of DOF’s project vessels in the region and includes project management, engineering, logistics support and all related subsea activities.Offshore services are expected to commence in the first quarter of 2025 for approximately 150 days.“This award secures further backlog for the Asia Pacific region with an estimated value of over A$20 million ($13.1 million).

12 Nov 2024

DeepOcean and EXCEED Team Up for Vessel-Based P&A Services Offer

(Credit: DeepOcean)

Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.The two companies combine DeepOcean’s subsea engineering competence and extensive fleet of WROVs and supporting subsea vessels with EXCEEDS’s specialist well decommissioning expertise to offer operator a single contract, turnkey P&A service for decommissioning projects.The offering includes equipment…

12 Nov 2024

Fully Electric Damen-Built Tug Sets Guinness World Record for Bollard Pull

(Credit: Damen)

The RSD-E Tug 2513, which Damen delivered to SAFEEN Group earlier in 2024, has won a Guinness World Records title for the most powerful electric tugboat.The record was set by measuring the bollard pull of Damen RSD-E Tug 2513 Bu Tinah. With an average high peak pull of 78.2 tonnes, the vessel demonstrated performance unprecedented for a fully electric tug.The vessel was delivered by Damen to SAFEEN Group, part of AD Ports Group’s Maritime & Shipping Cluster, becoming the first fully electric tug to operate in the Middle East.The record-breaking performance took place at Khalifa Port…

11 Nov 2024

Wallenius Wilhelmsen Lands $580M Multi-Year Shipping Contract

(Credit: Wallenius Wilhelmsen)

Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer worth $580 million.The new contract has a duration of three years and three months with commencement on January 1, 2025.The contract has an estimated value of $580 million in total over the contract period, with rates in line with current market levels.“This demonstrates their commitment to securing long-term ocean capacity and will further strengthen our partnership.“We are pleased to announce this multi-year agreement with a long-term customer strengthening our existing partnerships.

08 Nov 2024

US LNG Firms Expect Expansion Regulations to Ease Under New Administration

© aerial-drone / Adobe Stock

U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits. President Joe Biden had paused new non-FTA export permits and asked the DOE to more broadly evaluate the cumulative effects of new LNG projects' climate…

08 Nov 2024

China Objects to New Philippine Maritime Laws Covering South China Sea Areas

© Oleksii / Adobe Stock

China summoned the Philippines' ambassador on Friday to express its objection to two new laws in the Southeast Asian nation asserting maritime rights and sovereignty over disputed areas of the South China Sea, its foreign ministry said.China made "solemn representations" to the ambassador shortly after Philippine President Ferdinand Marcos Jr signed the Maritime Zones Act and the Archipelagic Sea Lanes Act into law to strengthen his country's maritime claims and bolster its territorial…

07 Nov 2024

U.S. Navy puts Sofar’s Wayfinder to the Test

Image courtesy Sofar

The U.S. Navy’s Fleet Weather Centers are piloting Sofar’s Wayfinder platform and data from its global network of ocean sensors to advance the Navy’s capability to ensure safe and efficient ship routing for the U.S. Fleet.Sofar Ocean announced the partnership with the U.S. Naval Meteorology and Oceanography Command’s (CNMOC) Fleet Weather Centers in Norfolk (FWC-N) and San Diego (FWC-SD).FWC-N and FWC-SD, the Navy’s two primary weather forecasting centers, are piloting Sofar’s Wayfinder platform to support the routing of naval vessels at sea.

07 Nov 2024

Beating the Heat: R.W. Fernstrum & Company Turns 75

L to R: Paul Fernstrum, Robert W. Fernstrum and David Fernsturm
Image courtesy R.W. Fernstrum & Company

R.W. Fernstrum & Company, founded by Robert W. Fernstrum 75 years ago, is a quintessential U.S. manufacturing story. The company was born in the aftermath of WWII, founded on an invention developed during the war by Robert Fernstrum to help solve an engine overheating problem that was plaguing U.S. Navy landing craft. Family owned and operated from day one, today the company includes a fourth generation of family that aims to continue the legacy of its founder, a legacy built on effective…

07 Nov 2024

ExxonMobil Delivers Bio Marine Fuel Blend to Hapag-Lloyd

(Credit: Hapag-Lloyd)

Hapag-Lloyd’s vessel Colorado Express has bunkered a B25 bio marine fuel blend comprised of ExxonMobil’s bio fuel, which is able to deliver an estimated 20.1% greenhouse gas well-to-wake reduction compared with conventional marine fuel formulations on an energy basis.ExxonMobil’s Premium HDME 50 fuel consists 0.10% sulphur Emission Control Area (ECA) fuel, and waste-based fatty acid methyl esters (FAME) derived from used cooking oil methyl ester (UCOME).The ‘drop-in’ blend met the requirements of ISO 8217:2017…

07 Nov 2024

Babcock Hires KDC Veolia to Assist with UK’s Nuclear Submarine Dismantling

(Credit: UK MOD / Crown Copyright 2024)

Babcock has awarded the recycling contract to KDC Veolia Decommissioning Services UK (KDCV) as part of U.K.’s demonstrator project to fully dismantle a nuclear-powered submarine Swiftsure.Babcock is working with the Defence Nuclear Enterprise (DNE) and KDCV on the demonstrator dismantling project, applying a new and innovative methodology which will enable around 90% of the structure and components to be reused or recycled.This includes the pressure hull around the reactor compartment…

07 Nov 2024

CMB.TECH Profits Rise, VLCC Outlook Good

(Credit: CMB.TECH)

Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and diversification of its fleet."From a supply-side perspective, the outlook for the tanker fleet remains generally favorable for Very Large Crude Carriers (VLCCs)," the group said in a statement.It cautioned about the Suezmax segment, where the order book has grown significantly, with an orderbook-to-fleet (OB/F) ratio of 16.3%, more than double that of VLCCs.The group, formed after last year's Euronav-Compagnie Maritime Belge takeover, ack

06 Nov 2024

Palfinger to Supply Safety Equipment for Canadian Coast Guard's New MPVs

(Credit: Seaspan)

Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, been selected to supply its Polar Class lifeboats and davits package for the first fleet of ships in the Canadian Coast Guard’s Multi-Purpose Vessel (MPV) renewal program.The contract covers the delivery of equipment for the first six of up to 16 vessels.The collaboration further extends Palfinger Marine’s long-standing partnership with Seaspan and the Canadian Coast Guard (CCG).

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