Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday.In 2023, Seatrium had made provisions worth S$82…
Offshore crew transfer company Windcat has taken delivery of the Windcat Rotterdam, the first Commissioning Service Operation Vessel (CSOV) in its new Elevation Series, developed with Damen Shipyards and CMB.TECH.Built at Ha Long Shipyard in Vietnam…
Iberdrola has received the last monopiles manufactured by Navantia – Windar alliance for its 315 MW Windanker offshore wind farm, being built in Baltic Sea.The components, manufactured by Navantia Seanergies and Windar Renovables, represent…
Norwegian shipbuilder Vard has secured an order from U.K.’s largest shipowner and operator North Star for the construction of two hybrid Service Operation Vessels (SOVs).The contract represents the ninth and tenth vessel ordered by North Star from VARD…
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, has launched the first U.S. flagged, Jones Act-compliant subsea rock installation (SRI) vessel, named Acadia, at Hanwha Philly Shipyard.The…