Seatrium Makes First Turnkey FPSO Delivery to Petrobras
Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with a production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres (mcbm) of gas per day…
Rotra Futura RoRo Vessel Enters Offshore Wind Operations
The Rotra Futura Roll-on/Roll-off (RoRo) vessel has entered operations, with the transportation of wind turbine blades from Denmark to the United States.The project supply vessel, specifically designed to handle larger and heavier offshore wind turbine components, collected the 108-meter-long blades at the Port of Aalborg, Denmark, under the supervision of deugro Denmark’s wind experts.The vessel, delivered in late March 2025, was developed as part of the the partnership between Danish logistics specialist deugro…
Bonaparte CCS Project Awarded Major Project Status
The Bonaparte CCS project has been awarded Major Project Status by the Australian Government. It is the first offshore carbon capture and storage (CCS) project to receive the status in Australia.The Bonaparte CCS Assessment Joint Venture is operated by Inpex subsidiary Inpex Browse E&P (53%) and also involves TotalEnergies CCS Australia (26%) and Woodside Energy (21%).The awarding highlights the project’s recognized potential to support a lower carbon future as well as reflecting…
Ørsted Terminates Offshore Wind Installation Vessel Deal with Cadeler
Danish offshore wind installation firm Cadeler has received a notice of termination for its wind turbine installation vessel (WTIV) from Ørsted which was booked for work for the now discontinued 2.4 GW Hornsea 4 offshore wind farm in United Kingdom.The long-term agreement for an A Class WTIV was first announce in April 8, 2024, under which Ørsted secured the vessel capacity from the first quarter of 2027 through the end of 2030.The vessel was supposed to be deployed at Ørsted’s Hornsea 4 offshore wind farm…
Lankhorst Supplies High-Capacity Slings for Allseas’ Jacket Lifting System
Lankhorst Ropes has supplied high capacity, ultra-heavy lift slings to Allseas’ Pioneering Spirit for the transportation and lowering of a 7,300 tonne jacket for a converter platform for the German offshore project BorWin 5.The Lankhorst Gama 98 slings held the jacket in position above the stern of the Pioneering Spirit for the 2-day journey to the installation site.Lankhorst heavy lift slings form part of the Pioneering Spirit’s Jacket Lifting System for platform installation and decommissioning projects.The eight 25 m endless slings use a Gama98 Ultra Heavy Lift rope construction.
DOF Group ASA Awarded Two Long-Term Contracts With Petrobras
DOF Group ASA is pleased to announce two new contracts in Brazil.Skandi Logger, an AHTS with 250t bollard pull built in 2009, has been contracted for a 4-year engagement with Petrobras, following the same competitive AHTS tender process that resulted in the contracts of Skandi Iguaçu, Skandi Angra, Skandi Paraty and Skandi Urca as previously announced. For this contract, expected to start in February 2026, Skandi Logger will be reflagged to Brazilian Flag.Resulting from another competitive tender process, Skandi Achiever has been contracted as RSV for a 4-year engagement with Petrobras.
Siemens Gamesa Talks European Production with Chinese Rare Earth Suppliers
Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China.Delays in Chinese rare earth export permits have caused European car makers and their suppliers to scramble for alternatives in a market that is dominated by the world's No. 2 economy, threatening production stops across the continent.The wind sector also depends on rare earths processed in China…
All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm
The final inter-array cable has been installed at Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France, being developed by Les Éoliennes en Mer Services.The 61st and final inter-array cable was installed on June 22 at the EMYN offshore wind farm, Louis Dreyfus TravOcean said on social media.The accomplishment paves the way for a transmission capacity of 512 MW.Geoquip Marine’s Geoquip Elena, converted into a Cable Laying Vessel (CLV) with a bespoke project-specific deck layout used in the operation…
ABS Leadership Shares Strategy With Greek Maritime Leaders
“Every owner’s playbook needs to keep a line of sight on three things—regulation, technology readiness timelines and boundary conditions – and must include the elements needed for a short-, mid- and long game such as energy retrofits, electrification and nuclear.”That was the message from Christopher J. Wiernicki, ABS Chairman and CEO, to Greece’s foremost shipowners, ship managers, and charterers at the ABS Hellenic National Committee Meeting.“The solution calculus for owners in today’s operating environment is 70% fuel, 15% energy efficiency and 15% performance optimization.
Solstad Offshore’s Two CSVs Get Jobs in South America
Norwegian offshore vessel operator Solstad Offshore has confirmed contracts for two of its construction support vessels (CSVs), which will be put to work in South America.The first contract is with Petrobras for the Normand Flower CSV, owned by Solstad Maritime.The contract, valued at $115 million excluding ROV services, was first announced in April 2025, and has now been formally approved and signed.It will begin in January 2026 with a has a duration of four years.The vessel will be on bareboat contracts from Solstad Maritime to Solstad Offshore…
Solvang Opts for More Full-Scale CCS Systems
Solvang has a Letter of Intent (LOI) with Seatrium for the installation and retrofitting of a full-scale carbon capture and storage (CCS) systems.The retrofit on Solvang's new series of very large gas carriers (VLGCs), configured specifically for CCS, is set to begin in late 2026.In April, steel was cut for the first two of seven Panamax VLGC at HD Hyundai Heavy Industries. Delivery is planned for 2026 and 2027.Solvang took delivery of Clipper Eris in February 2025 – the world’s first full-scale turnkey retrofit of a 7MW CCS system, undertaken by Seatrium.
UK Offshore Wind Industry Employs 40,000 People, New Report Finds
RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%.The Wind Industry Skills Intelligence Report 2025 has also revealed that the number of people working in onshore wind in the U.K. now stands at just over 15,000. This brings the UK’s total current wind industry workforce to over 55,000.The report projects future job numbers by examining three potential deployment scenarios for offshore wind in 2030…
Aramco CEO: Realism Must Anchor Global Energy Transition, Especially in Asia
Aramco President & CEO Amin H. Nasser used his address at Energy Asia 2025 to deliver a pointed message: the global energy transition must be rebalanced with pragmatism, especially for fast-growing regions like Asia that are still heavily reliant on conventional energy.In his speech, Nasser said that the transition narrative of recent years — one that promised a swift, seamless move away from oil and gas — has not aligned with the realities of global demand, particularly in Asia. “We were told it would be rapid, painless, and inevitably mean the collapse of conventional energy.
SMST Books Equipment Order for LDA’s Newbuild SOVs
Dutch offshore equipment supplier SMST has been selected by Louis Dreyfus Armateurs (LDA) for the delivery of two sets of mission equipment, with an option for a third set, for service operation vessels (SOVs) ordered by Vattenfall.The Telescopic Access Bridges (TAB-L1), Access and Cargo Towers (ACT) and the 5t Motion Compensated Cranes (MCC-M) will be supplied to LDA’s newbuild SOVs.The by Salt designed vessels, to be built at Shanghai Zhenhua Heavy Industries Company (ZPMC)…
Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest since January as investors price in an increased probability of a major disruption in Middle East oil supplies.Part of the reason for the rapid spike is that spare capacity among OPEC and allies to pump more oil to offset any disruption is roughly equivalent to Iran's output…
China Leads the World in Energy Investment
The latest edition of the International Energy Agency’s World Energy Investment report demonstrates how the global energy scene has changed from when the first edition of the report in 2015 showed energy investment in China just edging ahead of that of the United States.Today, China is by far the world’s largest overall energy investor, spending twice as much on energy as the European Union – and almost as much as the EU and United States combined.China’s share of global clean energy investment has risen from a quarter 10 years ago to almost one-third today.
Dutch Firm Orders New Multi-Purpose Vessel for Subsea and Renewables Work
Van Wijngaarden Marine Services has signed a Letter of Intent (LOI) with Kooiman Marine Group for the design and construction of a next-generation DP2 multi-purpose vessel (MPV).The 4716 MPV will incorporate the latest in IMO Tier III emissions and ULEV (Ultra Low Emission Vessel) compliance, featuring diesel-electric and hybrid propulsion system.The vessel will be 47 meters long, with the beam of 16 meters and draft of 2.6 meters.It will be able to offer accommodation for 27 people.The newbuild MPV will be engineered for ultimate flexibility…
Gibdock Completes Renewal of TechnipFMC's Deepwater Pipelayer
Gibraltar-based ship repair and conversion yard Gibdock has completed the repair and renewal of TechnipFMC's Deep Blue, a deepwaer pipelay and subsea construction vessel.TechnipFMC relocated Deep Blue from the U.S. Gulf for the works, also redeploying the asset outside Europe following completion of works.A well-known participant in ultra-deepwater field developments, Deep Blue includes an array of reel-lay, J-lay, and flexi-lay technologies. Featuring twin 2,800 MT capacity reels…
Steerprop Launches Largest Retractable Thruster
Finland's Steerprop expanded its range of retractable thrusters with its biggest unit to date. Designed for offshore vessels and workboats that need high-performance station-keeping or thrust boost capabilities, the SP 45 R will be introduced on several offshore, renewables and special purpose vessels.Working with vessel operators and designers, Steerprop identified that the sealing and locking mechanisms are often a weak point for retractable designs. The R series minimizes downtime…
Report: As Momentum Slows, Japan to Sweeten Offshore Wind Rules
Japan is likely to sweeten terms for developers to build a massive offshore wind farm sector, industry insiders say, as it looks to put its energy ambitions back on track against a worldwide slump of projects hit by soaring costs and delays.The government aims to have 45 gigawatts of offshore wind capacity by 2040, which is essential to cutting the country's dependence on imported coal and gas for power generation, reducing its carbon emissions and bolstering national security.But its plans have stalled following three major rounds of auctions to develop capacity.
Veson Nautical: Three Impacts of the IMO’s New Fuel Intensity Target on S&P Activity
The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in a new fuel intensity target, which is set to come into force no later than March 2027.This new regulation is similar to the Fuel EU regulation enforced this year, but with global fleet coverage. The major effect of this new IMO GHG regulation will be to enforce a financial penalty for using cheaper, carbon intensive fuels like Heavy Fuel Oil (HFO)…
ABS Unveils Rules for Floating Nuclear Power Plants
The industry’s first comprehensive rules for floating nuclear power plants have been unveiled by American Bureau of Shipping (ABS) at a forum for nuclear industry leaders held jointly with Idaho National Laboratory (INL).Held at ABS’ world headquarters in Texas, the event saw presentations on the latest reactor technologies from leading companies and publication of a detailed study from ABS and Herbert Engineering modeling the design, operation and emissions of a floating nuclear…
How a Minor Change in US Trade Law Turbocharged the Fentanyl Crisis
In January 2023, U.S. federal agents raided the home of a Tucson maintenance worker who had a side hustle hauling packages across the border to Mexico.They estimate that over the previous two years, the gray-bearded courier had ferried about 7,000 kilos of fentanyl-making chemicals to an operative of the Sinaloa Cartel. That’s 15,432 pounds, sufficient to produce 5.3 billion pills – enough to kill every living soul in the United States several times over. The chemicals had traveled by air from China to Los Angeles…
