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Aker Solutions Cuts Costs, Adjusts Workforce Numbers
Following several years of record-high workload, Aker Solutions forsees activity levels decreasing in 2026 compared to 2025. To adapt to the market situation and prepare for the future, Aker Solutions will reduce capacity and headcount in certain areas.“We still see many opportunities both in Norway and internationally, but the anticipated activity level means we must take action now to ensure the company’s robustness and sound financial management…
Crowley Creates New Shipping, Energy Divisions
Crowley announced a strategic consolidation of its business structure to create more efficiency and value for customers. The company is creating two divisions: shipping and logistics, led by Executive Vice President and Division President James C. Fowler, and energy, led by Executive Vice President and Division President Kollin Fencil. This new alignment enhances agility while improving operational execution…
ASRY Offshore Division Looks to 200th Project Milestone
The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY since its Offshore Division was established in 2011 and reinforces ASRY’s expertise in drilling rig repair, upgrade, conversion, and refit work in the Gulf region.ASRY’s Offshore Division is currently carrying out a number of rig projects for a diverse spread of clients…
Irish Coast Guard Responded to 2793 incidents in 2025
Over the course of 2025, the Irish Coast Guard managed 2793 incidents, ranging from search and rescue operations to maritime casualty responses, as well as pollution control and preparedness activities.The 44 Coast Guard Units were deployed 1187 times during the year, continuing to play a vital role in safeguarding communities nationwide. This included 933 helicopter missions including medical support for offshore island communities.In total…
Bourbon Completes Financial Overhaul Under New Ownership
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…
Gladding-Hearn Delivers High-Speed Pilot Boat to Maryland Pilots
The Association of Maryland Pilots has taken delivery of a new Baltimore Class pilot boat from Gladding-Hearn Shipbuilding.The vessel is a sistership to the first of its class delivered four years earlier.Built with an aluminum hull and based on the Ray Hunt Design deep-V, the launch measures 48.5 feet long, with a 15.6-foot beam and a 4-foot draft. Powered by twin Volvo Penta D13 diesel engines, the vessel can reach speeds of up to 30 knots…
ABS Grants Approval for Seatrium’s Next-Gen Offshore Substations
The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to Seatrium for its next-generation offshore substation (OSS) design.Seatrium’s design features 500 MW OSS modules, engineered for scalability and aligned with the highest international standards, according to the company.The OSS-500 A substation design is said to offer flexibility across a wide range of water depths, grid configurations…
W2W Vessl Acta Pegasus Delivered
Acta Pegasus was delivered to Acta Marine, its fourth Walk-to-Work (W2W) vessel, a DP2 Construction Service Operation Vessel (CSOV).Acta Pegasus is one of four newbuild vessels currently under construction for Acta Marine at Tersan Shipyard in Turkey. The vessel can accommodate up to 135 persons and is equipped with advanced offshore access and lifting systems, including a 3D motion-compensated SMST gangway and a 3D-compensated crane.
Wind Power LAB Names New Chief
Wind Power LAB (WPL), a Danish specialist in blade inspection and wind turbine consulting services, has appointed Lene Hellstern as its new Chief Executive Officer.Hellstern brings over 24 years of experience in the global onshore and offshore wind industry, with a background in developing wind farms, managing technical teams, and shaping O&M strategies.She is known for her expertise in wind resource assessment…
CIMC Picks TMC’s Compressors for Golar LNG’s MK II FLNG Unit
CIMC Raffles has awarded a contract to TMC Compressors to deliver a complete marine compressed air system for the MK II floating liquefied natural gas (FLNG) facility, currently under construction for Golar LNG.TMC’s scope includes instrument air compressors, utility compressors, nitrogen feed air compressors, and air driers. The company did not disclose the value of the contract.The MK II FLNG project involves converting Golar’s LNG tanker, Fuji LNG, into a floating liquefaction facility.
Schwandt Appointed Schottel CEO
On January 1, 2026, Roland Schwandt took over as CEO of SCHOTTEL GmbH from Stefan Kaul as part of an orderly succession plan. Christian Bock was appointed Deputy CEO. In the future, Stefan Kaul will focus on production and materials management for the German production facilities in Dörth and Wismar and will continue to support the new management with his many years of experience.The succession plan was initiated early on by Stefan Kaul and coordinated with all parties involved.
Empire to File Injunction Against Lease Suspension Order
Empire Offshore Wind LLC (Empire) filed a civil suit in the U.S. District Court for the District of Columbia today, January 2, 2026, challenging the U.S. Department of the Interior’s order directing a suspension to the Empire Wind project. As part of that case, Empire plans to seek a preliminary injunction and allow construction to continue while the litigation proceeds. While Empire continues to work…
China Received LNG Shipments from Sanctioned Russian Projects
China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG.The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.Chinese…
Offshore Wind: Building the UK’s First Nearshore Artificial Nesting Structures
As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity has become a pressing challenge. One innovative, recent example is the installation of the UK’s first nearshore artificial nesting structures, designed to safeguard seabirds while enabling the development of the world’s single largest offshore wind farm.Hornsea 3, developed by Ørsted, plays a critical role in the UK’s clean energy transition.
Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens
While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024, but by 3Q 2025 21 units had been re-deployed into other regions of the world. Fast forward to today, the national oil company (NOC) has confirmed it will restart work with eight of the remaining suspended rigs in early 2026.
See You in Court: Orsted Challenges Halt on $5B Offshore Wind Project
On Friday, January 2, 2026, Orsted said it was challenging the U.S. government's suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project.The Trump administration suspended leases on December 22 for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns…
Aramco Taps Saipem for Offshore Work in $600M Deal
Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.The first contract (CRPO 162), with a duration of 32 months, encompasses the Engineering, Procurement, Construction, and Installation (EPCI) of approximately 34 km of pipeline, with diameters of 20” and 30", and related works on topside structures at the Berri and Abu Safah oil fields.The second contract (CRPO 165)…
China Launches Rockets into Taiwan Waters During Military Display
China fired rockets into waters off Taiwan on Tuesday, showcased new assault ships and dismissed prospects of U.S. and allied intervention to block any future attack by Beijing to take control of the island in its most extensive war games to date.As part of drills rehearsing a blockade, China's Eastern Theatre Command conducted 10 hours of live-fire exercises, launching rockets into waters to the north…
ASRY Completes Multiple Rig Upgrades for ADES
The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain.The ADM-501 and ADM-504 units were prepared earlier in the year for drilling operations in Nigeria, while upgrade works…
DOF Inks $150M ROV Support Vessel Contract with Petrobras
Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier.The Skandi Commander will be equipped with both a Remote Operated Vehicle (ROV) and an Autonomous Underwater Vehicle (AUV)…
Webinar: Offshore Wind: North American Opportunities and Challenges
Women Offshore & a Vibrant Maritime & Offshore Workforce
“The Money Maker”: 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
