MarineLink News Search
Search term • Offshore
Create an email alert for Offshore
NYK President Says US Tariffs Will Slow Cargo Flows
Nippon Yusen (NYK), Japan's largest shipping line, is concerned that U.S. President Donald Trump's tariffs could push up the cost of automobiles and daily goods, denting consumer demand and slowing cargo flows, its president said."The tariffs are not directly borne by consumers, but the burden ultimately falls on them, which in turn reduces the actual flow of goods. That's our biggest concern," President…
ABS Signs Talent Development MoU in Singapore
ABS and the Singapore Institute of Technology (SIT) signed an MoU at Singapore Maritime Week last week to advance innovations in applied research in maritime technology and enhance talent development within the global maritime and offshore industries.The collaboration advances applied research in vessel system design, including ship power simulations with hardware-in-the-loop, shore-to-ship charging…
Gladding-Hearn Delivers New Pilot Boat to Virginia Pilots
The Virginia Pilot Association has taken delivery of a new high-speed, pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. It’s the Virginia pilots’ tenth launch built by the Somerset, Mass., shipyard since 1983.The all-aluminum launch is designed and outfitted for the Pilot’s Hampton Roads harbor station. An all-new, shallow-V hull by Ray Hunt Design was created to optimize speed with a low wake while maintaining seakeeping and boarding performance.
MARIC Granted AiP for Ultra Large Ethane Carrier Design
Bureau Veritas Marine & Offshore (BV) has awarded Approval in Principle (AiP) to the Marine Design and Research Institute of China (MARIC) for its new 155,000m³ Ultra Large Ethane Carrier (ULEC) design.The vessel, measuring approximately 274 meters in length and 42 meters in breadth, is designed as a single-propeller liquefied ethane carrier powered by a MAN ME-GIE ethane dual-fuel main engine, supporting worldwide ethane transportation.
Attack on Guyana, Exxon Would Be 'Bad Day' for Venezuela, Rubio Warns
U.S. Secretary of State warned Venezuela on Thursday that it would be "a very bad day" for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened unspecified action in such a case.Caracas condemned Rubio's remarks, made during a visit to Guyana's capital.Guyana and Venezuela are locked in a long-running dispute about which country has rights over the 160…
Gas Project with Venezuela Goes Full Steam Ahead, Trinidad PM Says
Companies planning a flagship offshore gas project between Venezuela and Trinidad and Tobago "have not slowed down" work, Trinidad Prime Minister Stuart Young said on Thursday, despite the United States increasing pressure on sanctioned Venezuela and uncertainty over the extension of a license for the project.Following talks with U.S. Secretary of State Marco Rubio, who is visiting South American and Caribbean countries this week…
Avikus Joins Consortium Working on Autonomous Navigation Standards
Autonomous navigation solution provider Avikus, a subsidiary of HD Hyundai, has joined the newly established MIT Maritime Consortium.Launched at the Massachusetts Institute of Technology (MIT) on March 18, 2025, the consortium brings together prominent maritime organizations to drive innovation and set international standards in autonomous navigation and maritime decarbonization.Avikus brings to the consortium its HiNAS Control system…
ABB: Contract to Deliver Efficiency Benefits for Portuguese Navy Vessels
ABB has secured a contract with the West Sea Shipyard located in Viana do Castelo, Portugal to equip six new offshore patrol vessels (OPVs) of the Portuguese Navy with an integrated power, propulsion, and automation system designed to ensure optimal efficiency. The vessels are planned to be delivered between 2027 – 2031.The new vessels will be equipped with the Azipod® propulsion system, Onboard DC Grid™ power system platform, and the distributed control system ABB Ability™ System 800xA®.
Kongsberg Maritime Launches Advanced Simulator for Maritime Training
Kongsberg Maritime has launched the K-Sim Offshore DP3 Anchor Handling Simulator, designed for training for complex offshore operations.With an investment of over $322,000, the innovative training solution is designed to elevate competency standards, enhance operational efficiency, and promote sustainability across the sector.Additionally, it focuses on improving maritime safety by supporting our local…
NYK Group’s N-O-G Buys its First SOV From Edda Wind
Northern Offshore Group (N-O-G), an NYK Group company, has purchased Mistral Enabler service operation vessel (SOV) from Edda Wind.The 81-meter-long Mistral Enabler SOV, with an onboard capacity for 60 people, will be renamed Northern Ocean.N-O-G owns more than 60 crew transfer vessels (CTVs) and has previously managed SOVs, but this is its first owned SOV. An SOV is a large ship that transports workers…
BP Mulls Shedding two US Offshore Stakes
BP is exploring the sale of minority stakes in two of its most valuable Gulf of Mexico oil projects — Kaskida and Tiber — as the energy giant recalibrates its strategy to prioritize oil and gas, according to two sources familiar with the matter.The potential divestments could involve selling up to 50% of each project, which are estimated to be worth billions of dollars, the sources said. Discussions are still in the early stages…
PEAK Wind Enters into OMA to Oversee Wind Farm Operations
Fengmiao I, a 495 MW offshore wind farm, has reached a financial close. The project is owned by Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure V (CI V).PEAK Wind has entered into an Operations Management Agreement (OMA) to oversee the operations of Fengmiao I, ensuring its efficient and reliable performance as the project progresses. The OMA will provide operational…
NYCEDC Makes Additional $18 Million Investment to Upgrade Port Operations
New York City Economic Development Corporation (NYCEDC) announced the execution of three maritime infrastructure related contracts to upgrade port operations at the Brooklyn Marine Terminal. After decades of disinvestment, NYCEDC is committed to redeveloping the terminal and container port, starting with the removal of four out-of-service cranes across Piers 9A and 10, and the purchase of a new electric Ship to Shore (STS) crane to serve the Red Hook Container Terminal at Pier 10.
Greek Energy Ministry: Chevron Interested in Hydrocarbon Exploration off Crete
Chevron has expressed an interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the second such expression for Greek energy by the U.S. oil producer this year, the Greek energy ministry said on Wednesday.Greece has accepted Chevron's interest for two blocks south of Crete and will soon decide on the coordinates and on launching an international tender for the areas, which…
One Year Ago Today: U.S. Maritime Industry Delivers in Wake of FSK Bridge Collapse
We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U.S. maritime industry. The FSK collapsed at about 1:28 a.m. local time on March 26, 2025 after the container ship MV DALI lost power and collided with one of bridge’s support piers.
Cadeler Welcomes Wind Pace WTIV Newbuild to its Fleet
Danish offshore wind installation firm Cadeler has taken delivery of its latest jack-up wind turbine installation vessel (WTIV), Wind Pace, marking another significant milestone in the company’s ongoing fleet expansion.Delivered safely, on time, and within budget, Wind Pace has become the seventh vessel in Cadeler’s growing portfolio of wind turbine installation vessels.Wind Pace was officially named at a ceremony on the March 12…
South Korea puts Eyes on China in Disputed Yellow Sea
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…
TechnipFMC Awarded Major Contract for Gato do Mato
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract worth over $1 billion by Shell for its Gato do Mato greenfield development offshore Brazil.In addition to integrated execution, the project will utilize Subsea 2.0® configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil.Jonathan Landes…
OCIMF Updates Guidelines on Safe Single Point Mooring for Tankers
The Oil Companies International Marine Forum (OCIMF) has published a revision of its Guidelines for the Purchasing and Testing of SPM Hawsers – critical equipment used to ensure the safe mooring of tankers during the loading and discharging of oil cargoes from offshore facilities.Single point mooring (SPM) hawsers connect tankers to FPSOs, FSOs or offloading buoys. Testing and specification of SPM hawsers is crucial for ensuring the hawsers have the required strength…
Keel Laying for Wind Flyer Trimaran Crew Boat
Aesen, in partnership with its Thailand joint venture Uniwise Offshore, marked a milestone in offshore boat innovation with the keel laying of the WIND Flyer Trimaran Fast Crew Boat. This event, held at Marsun Public Company Limited, represents the commencement of a next-generation vessel that it says will redefine offshore crew transport.Developed in collaboration with Chevron Thailand Exploration and Production…
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