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France Calls Draft Law on Oil Exploration in Overseas Territories
French Finance Minister Roland Lescure called a draft law proposing to allow offshore oil and gas exploration in its overseas territories "anachronistic" during a debate in the country's Senate on Thursday.In a world first, France banned new oil and gas exploration and production licenses in 2017, hoping other nations would follow suit. But energy security fears following the loss of Russian gas, along with worries over increased reliance on U.S.
Cadeler Lines Up Offshore Wind Foundation Installation Job
Offshore wind installation contractor Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation (T&I) of monopiles and transition pieces at a large offshore wind farm in European waters.The foundation installation campaign is expected to begin in the first half of 2028 and would be carried out using two of Cadelerâs wind installation vesselsâŠ
BOEM Seeks Public Input on Potential Alaska Minerals Lease Sale
The Bureau of Ocean Energy Management has announced it will publish a Request for Information and Interest to evaluate industry interest and gather public input that could inform a potential lease sale for minerals on the Outer Continental Shelf off the coast of Alaska.The Request for Information supports the Trump Administrationâs focus on strengthening domestic supply chains and advancing AmericanâŠ
Philippines, US Hold Joint Military Drill at South China Sea Shoal
The militaries of the Philippines and the United States sailed together this week at a disputed shoal in the South China Sea, Manila's armed forces said on Tuesday, in joint exercises aimed at easing cooperation between the treaty allies.Military engagements between them have soared under Philippine President Ferdinand Marcos Jr., who has pivoted closer to Washington in response to China's growingâŠ
Nam Cheong Sells 3,000 DWT Platform Support Vessel for $19.8m
Nam Cheong Limited, one of Southeast Asiaâs leading Offshore Support Vessel (OSV) providers based in Sarawak, Malaysia, has announced that the Group has entered into a sales agreement with an Indonesian customer to sell one 11-year-old 3,000 deadweight tonnage (DWT) platform support vessel (PSV) for $19.8 million.The vessel sale is part of the Groupâs fleet reprofiling initiatives and is expected to contribute positively soto the Groupâs earnings for the financial year ending 2026.
Golden Energy Sells Two Offshore Support Vessels
Norwegian vessel owner and operator Golden Energy Offshore Services has signed binding agreements to sell two offshore support vessels for a combined gross price of about $57.25 million, completing a previously announced plan to divest vessels in the near term.The company said its subsidiary Energy Empress signed a sales agreement on January 23 for the multi-purpose support vessel (MPSV) Energy Empress at a gross price of $30 million.
Asia Pacific Maritime Returns to Singapore with Next-Gen Energy Focus
Asia Pacific Maritime (APM), Asiaâs premier exhibition and conference for Shipbuilding & Marine, Workboat, Offshore, and Electric & Hybrid Marine, will return for its 19th instalment, from 25-27 March 2026 at Marina Bay Sands, Singapore, with its largest edition to date. Anchored by the theme âFuture of Vessels, Solutions for Tomorrowâ, APM 2026 is set to convene the global leaders to examine how theâŠ
Norway Files Oil Bribery Charges in the Republic of Congo
Norwegian police said on Monday they had charged an oil company and two executives in Norway on suspicion of paying millions of dollars in bribes to close family members of Congo Republic President Denis Sassou Nguesso.Norwegian police said the investigation was launched after Monaco police sought legal assistance related to a suspicious bank transaction, and that substantial assistance also came from other countries, including France and the United States."The bribes...
Denmark, Germany Agree to Proceed with Bornholm Energy Island Wind Project
Denmark's Prime Minister Mette Frederiksen said on Monday that her country has agreed with Germany to jointly proceed with the Bornholm Energy Island, a large offshore wind project.Frederiksen was speaking at a press conference at an energy conference in Hamburg alongside German Chancellor Friedrich Merz.(Reuters)
BOEM Invites Public Input on Potential Offshore Oil Leasing Areas in California
The Bureau of Ocean Energy Management announced the issuance of two Calls for Information and Nominations to solicit industry nominations and public comments on areas of interest for potential offshore oil and gas leasing in Southern California and Central California under President Trumpâs 11th National Outer Continental Shelf Oil and Gas Program.Publishing these calls in the Federal Register marks the first step in BOEMâs offshore oil and gas leasing process under 30 CFR 556.301.
Gulf Marine Services Lines Up First Fleet Addition in 10 Years
Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has agreed to acquire a new mid-class self-propelled, self-elevating support vessel, marking its first vessel acquisition in a decade.The vessel is expected to join the companyâs fleet of 14 vessels within the next two weeks and is intended to support GMSâ strategy of doubling its 2024 adjusted EBITDAâŠ
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 architecturesâŠ
Kongsberg Maritime to Equip Hana Shippingâs Floating Wind Construction Vessel
Kongsberg Maritime has signed a contract to deliver a comprehensive deck machinery package for a new-generation 127-metre Floating Wind Construction Vessel (FWCV) being built for Hana Shipping of Korea.Scheduled for delivery in July 2027, the FWCV represents one of the most advanced vessels ever designed for floating offshore wind operations and marks the first large FWCV order globally in recent years.The vesselâŠ
Tanker Carrying Venezuelan Heavy Oil Heads to Louisiana
A crude tanker chartered by Trafigura departed on Sunday from Venezuela's Jose port to Louisiana Offshore Oil Port (LOOP), LSEG data and documents showed, the first cargo going directly to the U.S. as part of a 50-million-barrel supply deal agreed this month between Caracas and Washington.This month, trading houses Vitol and Trafigura received the first U.S. licenses to load and export Venezuelan oil as part of the deal.
Europeans Commit to Wind Energy Expansion Despite Trump Criticism
European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration due to be signed by government leaders showed.Trump has been openly critical of European countries' efforts to shift to low-carbon energy.
Experts Discuss Maritime Security Risks
This weekâs maritime security report from Palaemon Maritime starts by saying: âHello Shipmate, this week saw a sharp escalation in maritime security incidents across Europe, the Americas and Southeast Asia.âKey developments include:âą Ballistic missile attack on Chornomorsk Port, Ukraine, causing container damage and an oil spillâą Greek-managed oil tankers hit by drone strikes near the CPC terminal off Novorossiyskâą A Panama-flagged vessel struck by a Russian UAVâŠ
Floating Data Centers: Maritime Frontier for a Data-Hungry World
As global demand for data storage and processing accelerates â driven by cloud computing, streaming media, and the explosive growth of artificial intelligence â the physical footprint of data centers has become a growing challenge. Land-based facilities face mounting constraints: limited space, water scarcity, grid congestion, long permitting timelines and rising community opposition. Against that backdropâŠ
Beetronics Displays Achieve DNV Type Approval for Marine Use
Beetronics Inc. has officially received DNV Type Approval for a selection of its metal monitors and touchscreens. The approval validates the product series against the applicable DNV framework, confirming their resilience against vibration, temperature extremes, and humidity found in maritime operations.This certification supports the use of Beetronics displays across a wide range of environments,âŠ
GTT Receives HD KSOE Order for LNG Carrier Tank Design
GTT announced that it has received an order in the fourth quarter of 2025 from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of three new Liquefied Natural Gas Carriers (LNGCs).The LNGCs will be built by the shipyard HD Hyundai Samho on behalf of the Greek ship-owner Capital Clean Energy Carriers Corp. Each vessel will offer a capacity of 174,000 m³ and will be equippedâŠ
BV's Gregg-Smith Tapped to Head IACS
The Council of the International Association of Classification Societies (IACS) has announced the election of Alex Gregg-Smith to the position of IACS Chair. Mr. Gregg-Smith will assume the role on July 1, and his term of office will run until December 31, 2027.Mr. Gregg-Smith has over twenty yearsâ experience with Bureau Veritas, as well as extensive in leadership roles in both shipyards and shipowners.
Webinar: Offshore Wind: North American Opportunities and Challenges
Women Offshore & a Vibrant Maritime & Offshore Workforce
âThe Money Makerâ: MacGregor Gangway Solutions for Offshore Wind
A Maritime Life: Anu Peippo, Offshore Segment Director, Steerprop
Video: Jumbo Completes Offshore Wind Farm Project
The Hurting Offshore Energy Sector Faces a New Competitor
Engineering to Help Aquaculture Move Offshore
Gulf Marine Contractors is Bullish on the Future of U.S. Offshore Wind
BSEE Gears Up for Offshore Wind Oversight
LR Helps Offshore Operators Navigate Tough Technical Hurdles
