Offshore Marine News

ABS and Seatrium Technology and Innovation Pte. Ltd, a technology subsidiary of global offshore, marine and energy engineering solutions specialist Seatrium Limited, signed a memorandum of understanding (MOU) to advance innovation, regulatory alignment and sustainable technologies across the maritime and offshore energy sectors.The agreement establishes a framework for knowledge exchange and technical collaboration to support Seatrium's technology team, helping to shape the next…

Multidisciplinary consultancy AGR has entered into a partnership agreement to onboard the offshore support vessel Aquaman II, expanding its capacity for subsea operations, plug and abandonment (P&A) and decommissioning work in the North Sea.The vessel, owned by Star Matrix and to be operated by AGR, will be configured as a light construction anchor handling tug supply vessel to support subsea and offshore campaigns.AGR said the addition strengthens its marine spread as activity increases across vessel-based subsea operations…

The International Marine Contractors Association (IMCA) has welcomed DEME Offshore Energy Managing Director Hugo Bouvy as its new President.He succeeded Saipem’s Luca Gentili at the end of his two-year term at a meeting of IMCA’s Board on 18 March.Bruno Pinho, Senior Vice President for Subsea Operations at TechnipFMC, becomes Vice President, and will replace Bouvy as President in two-years’ time.As the offshore marine industry navigates a period of change driven by technological innovation…

The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and not too strong. While strengthening, it has not yet reached the point of significant new vessel ordering. Paradoxically, across maritime markets, observers are often concerned when exuberance gets out of hand. For now, newbuild activity remains limited.On the Q3 2025 earnings call for listed company Tidewater (NYSE: TDW)…

The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition.The lab builds on a 2024 memorandum of understanding between the two organizations and is supported by cash investments from Seatrium. It is designed as a joint industry-academia platform for applied learning, workforce development and industry-driven innovation in shipyard and offshore operations.Over the next three years…

French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start of a new strategic phase aimed at improving profitability, enhancing organizational efficiency, and expanding market presence. Approved in July 2025 by the Marseille Economic Affairs Court, the transaction follows a broader transformation plan launched in 2024.Bourbon has adopted a new unified structure…

ASL Marine Holdings, through its wholly owned unit ASL Offshore & Marine, has secured new ship chartering contracts worth a combined $63.1 million and signed vessel sale agreements totaling $42.3 million.The chartering contracts, which span approximately two years, cover a range of vessels including tugs, work boats, crane barges, cargo barges, hopper barges and grab dredgers.According to ASL Marine, the vessels will support marine infrastructure projects in Singapore.Separately…

PACC Offshore Services Holdings (POSH), an offshore marine solutions provider, has expanded its towage and installation fleet with the addition of a new anchor handling towing (AHT) vessel, POSH Courage.This fleet enhancement strengthens POSH’s capacity to undertake larger or multiple towages, further boosting the company’s ability to execute concurrent tows and offering clients greater scheduling flexibility and operational scalability.Built for demanding global offshore infrastructure projects…

Seatrium Limited’s wholly-owned subsidiary Seatrium Financial Services Pte. Ltd. (SFS) has successfully secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB).The company says the credit facility aligns with its Sustainable Finance Framework and includes revolving credit features which will strongly enhance the group’s liquidity and financial flexibility. It will significantly contribute to Seatrium’s long-term goals of achieving its environmental…

Zamil 80, the first of three new 60-meter Fast Support Intervention Vessels (FSIVs) designed by Incat Crowther for offshore marine services provider Zamil Offshore, has passed sea trials and will soon enter service.The new vessel exceeded expectations, achieving a service speed of 28 knots with a 200-tonne payload, above the contracted required service speed of 25 knots, Incat Crowther said.The three new ABS-Classed, low-draft monohull FSIVs are being constructed by Singaporean shipbuilder Lita Ocean and will assist Zamil Offshore with the safe transport of cargo…

Yinson Production and “K" Line Energy Shipping (UK) (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha ("K" LINE), have entered into an agreement to jointly develop and market solutions for the transportation and injection of liquefied CO2.Under the memorandum of understanding (MoU), Yinson Production and KLES will jointly develop and market a floating storage and injection unit (FSIU) and a liquefied CO2 carrier.The collaboration will target carbon capture and storage (CCS) projects being developed mainly in Europe.For CCS projects worldwide…

Global marine surveying and consultancy firm Van Ameyde Marine has appointed Chris Boyd as the new Managing Director of Van Ameyde Marine, UK.Boyd has over 30 years’ experience in the maritime industry. He started his career in the Royal Navy, specializing in hydrographic surveying, before becoming a naval architect and systems integrator. His focus was on marine cargo, heavy lift operations and the transportation and installation of critical items.Boyd has led complex projects across multiple sectors…

South Korea has deployed a large stationary floating platform in a disputed section of the Yellow Sea, escalating tensions with China over a contested maritime zone where both countries' exclusive economic zones (EEZs) overlap. The move, described by Seoul as a "reciprocal measure," comes in response to a growing Chinese presence in the area, which includes numerous offshore structures that China claims are for fish farming.The deployment was confirmed Wednesday by South Korean Oceans Minister Kang Do-hyung during a parliamentary session.

In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration, then President-elect Donald Trump referred to wind turbines (both onshore and offshore) as “garbage in a field” and described electric power produced through offshore wind as “…the most expensive energy ever…”In the same briefing…

Huisman has signed a contract with Zhenjiang Jiangsu Shipyard for the delivery of a 100 mt Pedestal Mounted Crane to Eastern Navigation, a provider of maritime support fleets in the Asian-Pacific offshore energy industry.This marks the fifth Pedestal Mounted Crane Huisman will supply for Eastern Navigation's fleet.It follows the delivery of 300 mt and 100 mt cranes over several years, as well as the addition of another 100 mt crane currently under construction, scheduled for delivery in mid-2025.Huisman’s Pedestal Mounted Cranes are renowned for their compact tail swing…

The Offshore Marine Service Association (OMSA) views President Trump’s Presidential Memorandum to pause offshore wind development projects as a critical opportunity to reassess the industry’s direction.While offshore wind offers tremendous potential for economic growth and job creation in the U.S., OMSA agrees that over-reliance on foreign renewable energy companies, foreign vessels, and foreign mariners to build American offshore wind farms undermines these benefits and is deeply problematic.“The offshore oil industry was born in South Louisiana…

The Offshore Marine Service Association (OMSA) announced that Rear Admiral Richard V. Timme, U.S. Coast Guard (Ret.), has joined OMSA as a Senior Advisor.This appointment underscores OMSA’s longstanding commitment to working collaboratively with the U.S. Coast Guard (USCG) and other regulatory agencies to develop practical, common-sense solutions that enhance the safety and security of the U.S. maritime industry.“I’m excited to join the OMSA team and continue more than three decades of service to the maritime community,” said Admiral Timme. “OMSA members are a crucial part of our U.S.

The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8), and Representative Trent Kelly (R-MS-1) introduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act, comprehensive legislation to revitalize the United States shipbuilding and commercial maritime industries. After decades of neglect, the United States has a weakened shipbuilding capacity, a declining commercial shipping fleet that is dwarfed by China, and a diminished ability to supply the U.S. military during wartime.

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…

Singaporean rig- and shipbuilder Seatrium has tapped the American Bureau of Shipping (ABS) to class a pair of floating production storage and offloading units (FPSO) being built for Brazil's state-owned Petrobras, the classification society announced. Slated for delivery in 2029, the FPSOs P-84 and P-85 will be deployed in the Atapu and Sépia fields, located in the eastern part of the Santos Basin, approximately 200 kilometers offshore of Rio de Janeiro in Brazil. Each have a production capacity of 225…

Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector.The SGX Catalist-listed specialist in total mooring solutions catering to the renewable sector has been granted an option to purchase 60 Shipyard Crescent by Seatrium New Energy, which is a wholly-owned subsidiary of Seatrium, a leading provider of engineering solutions to the global offshore…

Seatrium Limited has secured a series of repairs and upgrades contracts with an aggregate value of S$180 million.All projects, with the exception of one, will be completed by end 2024. The range of complex contracts include major repairs on offshore vessels, naval vessels, ferries, LNG carriers, tankers, as well as damage repair.Seatrium has secured a series of four offshore refits, including two jack-ups and two drillships, from esteemed regular customers, Velesto Energy Berhad, Zonda Drilling AS and Seadrill Limited.

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.