NYK, as a member of a consortium of four companies (also including: Sumitomo Electric Industries, Ltd.; Furukawa Electric Co., Ltd.; and Mitsui O.S.K. Lines, Ltd.) has been selected by Japan’s New Energy and Industrial Technology Development…
After a slowdown in activity during 2020/2021 due to soft commodity prices, demand for FPSOs is picking up.With exploration hotspots like Namibia’s Orange Basin and the East Mediterranean delivering new finds, the FPSO market outlook is healthy…
The Brazil-bound FPSO Sepetiba sailed away from the BOMESC shipyard in China on June 16, 2023, following completion of the topsides integration and onshore commissioning phases.The unit—SBM Offshore’s third Fast4Ward FPSO—is transiting to the Mero field in the Santos Basin offshore Brazil…
A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types…
France-based LD Tide has ordered a new crew transfer vessel (CTV) from Singaporean aluminum boat builder Strategic Marine.The newbuild will by a hybrid-ready StratCat 27 (SC27) designed by BMT.LD Tide, joint venture between top French shipping…
Samsung Heavy Industries (SHI) has announced that it will sign an investment memorandum of understanding (MoU) with Busan City, South Korea, to establish an R&D Center.The Busan R&D Center will focus on offshore design and engineering. According to the memorandum of understanding…
UK-based offshore vessel operator North Star has awarded a new contract to Great Yarmouth-based shipbuilding Alicat Workboats Ltd for the construction of two new offshore wind daughter craft.The hybrid-propulsion workboats 5 & 6, designed by Chartwell Marine…
Damen Shipyards Group has unveiled the Multi Cat 1908 Electric, a fully electric, zero emissions operations workboat.The MuC 1908 E is based the Damen Multi Cat 1908, a proven product within the Damen portfolio that has been operating successfully around the world for over a quarter of a century…
Baltic Workboats (BWB) and Damen Shipyards have signed a partnership agreement for a program to build 'a significant number' of Damen’s Fast Crew Supplier (FCS) 2710 crew transfer vessels (CTV) at BWB’s facility on Saaremaa Island in Estonia…
Shipbuilder Vard on Monday held the steel cutting ceremony for a North Star service operation vessel at Vard Vung Tau in Vietnam.This is the fourth SOV to be delivered from VARD to North Star for operation on the Dogger Bank offshore wind farm in the UK North Sea…
Offshore energy support vessel operator Seacat Services has partnered up with marine engineering firm Mainstay Marine Solutions, to build the 20th vessel in its fleet, and the fifth Seacat Chartwell Ambitious design.The partnership comes amidst ongoing complexities in the UK shipbuilding market…
UK-based offshore vessel owner North Star this week held a naming ceremony for the Grampian Tyne service operation vessel (SOV) which will be deployed at work at the Dogger Bank offshore wind farm in the UK.The vessel was named at a ceremony…
DNV said it has signed a classification contract for four new commissioning service operation vessels (CSOVs) ordered by Norwegian offshore wind operator Edda Wind. Set to be delivered from Vard yards in Norway and Vietnam, the CSOVs will serve…
Ulstein Design & Solutions has signed a contract with Turkey's Tersan Shipyard for two methanol-fuelled ULSTEIN SX216 Construction Service Operating Vessel (CSOV) designs. The vessels will be constructed for the Dutch company Acta Marine and…
U.K. based cable company XLCC announced it has completed model testing on its new cable laying vessel (CLV) in the Netherlands.XLCC has partnered closely with the vessel designer Salt Ship Design, who has planned the vessel from conception using 3D engineering software…