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Global Seaborne Iron Ore Trade will be Rocked by Guinea's Simandou Mine
The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that as its start up is set to rock the seaborne iron ore market.The first cargoes from the project may arrive by the end of this year and it's expected that it will ramp up to its full capacity of 120 million metric tons per annum fairly quickly.The four blocks of Simandou are impressive in their scale and infrastructure challengesâŠ
NNPC, Stena Bulk and Caverton Launch new Shipping Venture
Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West Africa.The newly formed company will streamline crude oil, refined products and LNG shipping across West Africa and cater to other oil producers and traders in the region with modern vessels.The companies did not share financial details of the deal, which was signed last week."By combining our expertise wit
Green Marine UK Bolsters Subsea Services Unit with Major Investment
Orkney-based marine services firm Green Marine UK has announced a seven-figure capital investment in a new Subsea Services Department targeting the U.K.âs offshore wind sector.The company expansion, boosted by financial backing from HIE (Highlands and Islands Enterprise), includes the purchase of subsea technology from Rovtech (Seatronics), Sonardyne, Norbit, Voyis, Tritech, Digital Edge Subsea, EIVA and a range of other sensors.The Subsea Services DepartmentâŠ
Heinemann Solutions Expands with New Training Hall
Heinemann Solutions GmbH has officially opened its new site at Mukran Port in Sassnitz. In the modern training hall âIm Fährhafen 1â, practice-oriented safety training according to the standards of the Global Wind Organization (GWO) will be offered starting in March 2025. These include âWorking at Heightsâ (Basic & Refresher), âAdvanced Rescue Training,â âFire Awarenessâ (Basic & Refresher), âManual HandlingâŠ
BS Offshore, Ulstein Verft Launch CSOV Newbuild (Photos)
Germany-based Bernhard Schulte Offshore (BS Offshore) and Ulstein Verft have launched a new Commissioning Service Operation Vessel (CSOV), the Yno 320.The launch followed an extensive outfitting phase that included the installation of electrical and mechanical systems, piping, accommodation, and system integration.The Yno 320 was towed from Ulstein Verftâs dock hall to the outer dock on February 20.While stationed in the outer dockâŠ
Italyâs Saipem and Norwayâs Subsea7 Merger to Create Energy Services Giant
Energy services firms Saipem and Subsea7 have reached an agreement on the key terms for possible merger of the two companies under one unit to be named Saipem7, whose combined backlog would be over $45 billion.Saipem and Subsea7 shareholders will own 50% each of the share capital of the combined company, whose revenue is expected to be around $20.9 billion, and core earnings in excess of $2 billion.Saipem7 will become a global organization of over 45âŠ
Talking Marine Vessel Coatings with Christer Øpstad, Jotun
Sourcing and maintaining marine coatings systems are arguably a shipownerâs most critical means to ensure a long and productive lifecycle for ships, boats and offshore rigs. At the same time, coatings have become a central part of the ship efficiency, decarbonization discussion. Christer Øpstad, Global R&D Director Fouling Protection, Jotun, discusses how these macro trends are driving R&D within his laboratories today.To start us offâŠ
Jan De Nul Starts Dredging Ops for New Deep-Water Port in Senegal
Belgium-based offshore installation contractor Jan De Nul has started working on the new deep-water port in Senegal, which will be able to accommodate two of the world's largest container ships simultaneously.Jan De Nul is responsible for dredging the five-kilometer access channel and will create an 89-hectare platform for maritime services and container storage.In total, the works are expected to take two and a half years to complete.The Port of Dakar is nearing its maximum capacityâŠ
Asso.subsea Introduces Marine Technology Business Unit
Subsea cable services company Asso.subsea has introduced the Marine Technology Business Unit, a strategic initiative dedicated to shipbuilding, innovation and sustainability in offshore energy.The new unit marks a significant milestone in the companyâs long-term shipbuilding and fleet expansion plans, reinforcing its commitment to delivering cutting-edge marine solutions tailored to the evolving needsâŠ
First US-Built Wind Turbine Installation Vessel Starts Sea Trials
The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, has started sea trials ahead of delivery to Dominion Energy planned for later in 2025.The Seatrium AmFELS shipyard in Bronsville, Texas, has been in charge of the construction of the WTIV vessel, the first of its kind to be build in the United States.The vessel, commissioned by Dominion EnergyâŠ
Eidesvik, Agalas and Reach Subsea Order New Dual-Fuel Hybrid CSV
Eidesvik Offshore, Agalas, and Reach Subsea have partnered up to build a new construction support vessel (CSV) for subsea and offshore renewables operations.The new CSV will have similar specifications as the vessel Eidesvik currently has under construction together with Agalas at the Sefine Shipyard in Turkey.The vessel will also be built at the Sefine Shipyard, with delivery scheduled for spring 2027.It will be specifically equipped to perform inspectionâŠ
The Nuclear Option: ABS Grants AIP for 15K TEU Nuclear-Propelled Vessel Design
A nuclear-propelled containership designed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) received approval in principle from ABS.The design for a 15k TEU vessel uses a propulsion system comprised of a molten salt reactor (MSR) for heat and a supercritical carbon dioxide (SCO2) system for power generation. Unlike conventional ships, nuclear-powered vessels do not require engine exhaust systems or fuel tanks.
WFW Advises Eurazeo on Investment in Offshore Service Vessel Platform
Watson Farley & Williams (âWFWâ) advised Eurazeo, acting as lead investor via its Eurazeo Transition Infrastructure Fund, on a $73m investment in new offshore service vessel platform MPC OSE Offshore.
Eurazeo Provides Over $70M for MPC OSE Offshoreâs New SOVs
Investment group Eurazeo has made a $73.1 million investment in MPC OSE Offshore, a joint venture established by MPC Capital and German offshore services firm O.S. Energy, with the aim of building and managing new service operations vessels (SOVs) for offshore wind farms.Eurazeo made the investment through its Eurazeo Transition Infrastructure Fund (ETIF), a fund with a sustainable investment strategyâŠ
Louis Dreyfus Picks Chinese Shipyard to Build Three New SOVs for Vattenfall
French ship owner Louis Dreyfus Armateurs (LDA) has selected SALT as the naval architect and Shanghai Zhenhua Heavy Industries Company (ZPMC) as the shipyard for the construction of three new service operation vessels (SOVs) ordered by Vattenfall.SALT, an offshore vessel designer and long-time partner of LDA, has been entrusted with the development of the new SOVs.ZPMC has been chosen as the shipyard for the construction of the new SOVs.The new SOVs will integrate high-end European componentsâŠ
Tokyo Gas Enters LNG Market in Philippines
Tokyo Gas said on Wednesday it had made its first foray into a commercially operational terminal for liquefied natural gas outside Japan by acquiring a 20% stake in Philippines' FGEN LNG, a unit of First Gen Corp.Financial terms of the deal for the stake in FGEN LNG, which owns and operates an offshore floating LNG terminal in Batangas City, were not disclosed.(Reuters - Reporting by Chang-Ran Kim; Editing by Janane Venkatraman)
DOFâs Skandi Implementer Vessel Returns to GoM for Two Subsea Projects
Norwegian offshore supply vessel operator DOF Group has secured contracts for two subsea construction projects which will be executed with its Skandi Implementer subsea vessel.Skandi Implementer, which recently departed Mexico following contract termination after payment default from a client, has been scheduled for work with two international oil companies, whose name has not been disclosed.Designed for subsea construction, IRM & ROV services up to 3000 m depth, the vessel was built in 2008.
Schottel Propulsion LNG Bunkering Vessel Trio
Schottel was selected to supply full propulsion packages for three new LNG bunkering vessels (LNGBV), each consisting of a controllable pitch propeller, a retractable rudder propeller, and a transverse thruster. The ships, with a loading capacity of 20,000 cbm, are currently under construction at the Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd. and are scheduled for delivery in 2026 and 2027.
James Fisher Launches Japanese Business Unit
James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move furthers James Fisherâs intention to bring its integrated offering and solutions to Japanâs energy transition, maritime security and defense needs.The group already has a partnership covering the offshore wind service industryâŠ
NYK Becomes Co-Owner of N-O-G as it Eyes Offshore Wind Growth
NYK Line has become a co-owner of the crew transfer vessel (CTV) operator Northern Offshore Group (N-O-G) with the most recent investment, in preparation for the anticipated future expansion of offshore wind in waters closer to Japan.N-O-G operates more than 60 CTVs in the global offshore wind industry. NYK and N-O-G have had an operational and technical collaboration since 2019, and N-O-G became an NYK Group company when a majority of its shares were acquired by NYK.Through this investmentâŠ
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
