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Marine Salvage and Wind Farms
Marine salvage is a risky business financially and physically and is governed by complex legal systems, frameworks, and conventions. Over the past two decades the industry has contracted and has consolidated in response to changes which have meant there are fewer marine casualties. That has not been easy for commercial salvors - the members of the International Salvage Union - but improvements in maritime safety that prevent loss of life…
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…
Borr Drilling Announces CEO Succession Plan
Borr Drilling’s Board of Directors has reached a unanimous decision to appoint Bruno Morand as successor to CEO Patrick Schorn, effective September 1, 2025.Schorn will become Executive Chairman of the company’s Board of Directors, while current Chairman Tor Olav Trøim will continue to serve as a Director of the Board. Additionally, current Director Dan Rabun (former Chief Executive Officer and Chairman…
TotalEnergies UK Assets to Be Bought by Prax Remain Unsold
The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company."The transaction to sell our West of Shetland asset to Prax has not yet completed and as such we remain the operator of the Shetland Gas Plant and related fields…
Shares in European Renewable Companies Rise After Revised US Senate Bill
Shares in European renewable energy companies rose on Wednesday after the U.S. Senate passed a revised budget bill the previous day which was more positive for wind power compared to an earlier version.U.S. President Donald Trump's "Big Beautiful Bill" makes it harder to develop wind and solar energy projects in the U.S. by effectively phasing out renewable energy tax credits after 2026 if projects have not started construction.In the Senate's final version…
ADES' Jack-Up Barge Capsizes off Egypt Killing Four, Three Still Missing
A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while the barge was being towed to a new location in Egyptian territorial waters.At the time of the incident, 30 personnel were on board, involving 18 from ADES personnel.According to the latest information…
RightBridge Ventures Agrees Reverse Takeover of Swemar
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company to be acquired by Swemar operates a fleet comprising Anchor Handler Tug Supply (AHTS) vessels and crew transportation vessels. It owns three vessels outright and…
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…
North Star Accelerates Green Transition
North Star’s £400 million ($550 million) ongoing commitment as part of its ESG strategy, combined with a £1.8 million ($2.47 million) investment in crew training last year, has delivered significant progress in its transition to operating a net zero fleet by 2045.The UK’s largest integrated ship owner-operator has a current fleet of 48 vessels. Findings from its 2024 ESG report include an 18% reduction in fleet-wide carbon intensity compared to 2022…
GTT Receives Tank Design Order for LNG-fueled Container Ships
GTT announced it has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) during the second quarter of 2025 for the design of the cryogenic tanks of six new LNG-fueled container ships, on behalf of the ship-owner Capital.Each vessel will be equipped with a tank offering a capacity of 8,000 m³, incorporating GTT’s Mark III Flex membrane containment system. These tanks will also feature the “1 barg” design…
AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel
Global project heavy lift specialist AAL Shipping (AAL) is preparing to take delivery of its sixth 32,000-deadweight (DWT), 700 metric ton (MT) heavy lift Super B-Class vessel, the AAL Dammam. Unveiled at a naming ceremony at the CSSC Huangpu Wenchong Shipyard in Guangzhou, China, she is part of an eight-vessel newbuild fleet totaling 256,000 DWT and will immediately enter service with her maiden voyage…
Alternative Fuel Vessels Orders Continue to Grow Despite Slowing of Overall Newbuild Market
Ordering of alternative-fueled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fueled vessels reached 19.8 million gross tonnes (GT) in the first six months of 2025, exceeding the 2024 figure by 78%. This marks a shift in capital allocation, as shipowners increasingly prioritize future-ready assets in response to regulatory pressure…
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…
Zamil Offshore’s New Fast Support Intervention Vessel Ready for Service
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…
Danos Nets Production Services Contract for Beacon Offshore's Shenandoah FPS
Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility, the Shenandoah floating production system (FPS). The project will employ production operators, instrumentation and electrical technicians, mechanics, and offshore installation managers. Several employees began work on the platform in 2024.The Shenandoah facility is in the final stages of hook-up and is expected to begin producing oil later this summer.
American Maritime Partnership Congratulates Over 1,100 Graduates of U.S. Maritime Academies
The American Maritime Partnership (AMP), the voice of the domestic maritime industry, congratulates the more than 1,100 graduates from America’s maritime academies who make up the Class of 2025. These graduates now join the 650,000 men and women of the American maritime workforce.The 2025 graduates hail from the seven maritime academies in the United States: the U.S. Merchant Marine Academy (Kings Point…
Celebrating 75 Years of SCHOTTEL RudderPropeller
SCHOTTEL founder Josef Becker invented the fully steerable rudder propeller, an innovation that continues to shape the maritime industry today.Since its introduction, more than 17,000 SCHOTTEL RudderPropellers have been sold, powering a wide variety of vessels on nearly every major body of water around the globe. This year marks the 75th anniversary of this development.With the invention of the SCHOTTEL RudderPropeller (SRP) in 1950…
ECO Liberty SOV Hits Water to Support Equinor’s Empire Wind Project
Equinor, the developer of Empire Wind, has launched the Service Operations Vessel ECO Liberty on June 28 for deployment in its New York offshore wind project. Louisiana First Lady Sharon Landry served as the vessel’s “Godmother” during a christening ceremony on the Mississippi River at the Port of New Orleans. Speakers at the event included Louisiana Governor Jeff Landry, along with leaders from Equinor and Edison Chouest Offshore.
Proposed Transfer of Regulatory Authority over Deepwater Ports from Coast Guard to MARAD is Ill-advised
On March 5, 2025, the United States Senate passed an important bill to authorize funding for our United States Coast Guard, after failing to do so in the previous Congress. S. 524, the Coast Guard Authorization Act of 2025, would if enacted into law authorize appropriations to fund the Coast Guard totaling $30.45 billion for fiscal years 2025 and 2026. The bill is sponsored by Senate Commerce, Science…
Hanwha Ocean’s FPSO Cybersecurity Concept Gets ABS’ Nod
A new cybersecurity solution from Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units received approval in principle (AiP) from American Bureau of Shipping (ABS).Hanwha Ocean, in conjunction with SIGA Data Security, developed an Operational Technology (OT) cybersecurity solution that is specifically designed to protect critical OT systems from cyber threats…
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
