Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…
Classification society DNV presented Australian green technology, energy and metals company Fortescue with class and statutory certificates for its dual-fueled ammonia-powered vessel Green Pioneer. This marked the culmination of a project that began in 2021…
UK-based offshore vessel designer Chartwell Marine has started the construction of its new Brevity Class crew transfer vessel (CTV) at the Diverse Marine shipyard, becoming the latest in its growing pipeline of new vessel builds to supply the global offshore wind market…
Shipbuilder Vard announced it has delivered a new commissioning service operation vessel (CSOV) to Norway's Rem Offshore.The vessel—NB 948, to be named Rem Wind—was constructed at Vard Vung Tau in Vietnam and handed over one month before contractual delivery date…
The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, was launched into the water at the Seatrium AmFELS shipyard in Brownsville, Texas.The 472-foot WTIV—the first and only to be constructed in the U…
Mitsui O.S.K. Lines (MOL) has signed a basic contract for the marine transport of offshore wind components with JFE Engineering Corporation, while also agreeing to build a new module carrier vessel with Taizhou Sanfu Ship Engineering.This will…
Norwegian shipbuilder Ulstein Verft on Saturday launched the new Olympic construction service operation vessel (CSOV), Olympic Boreas.The newbuild is first of two sister vessels for Olympic, designed to assist in offshore energy construction projects and service assignments…
Norwegian offshore-wind focused vessel owner Norwind Offshore has placed an order for a stand-alone fully electric crane from Seaonics for its newbuild vessel Norwind Helm.The order is for an ECMC 7t-3D crane, and follows the delivery of Seaonics'…
Norway-based Edda Wind on Tuesday announced it has taken delivery of a newly built service operation vessel (SOV) from Spanish shipbuilder Astilleros Balenciaga.The vessel, C416—to be renamed Edda Goelo at a later stage—was delivered on March 26…
Maaskade Group's Sima Charters has christened its latest newbuild crew tender vessel in the Netherlands.The high-speed aluminum monohull vessel, SC Ruby, was built by Neptune Marine.The 23-meter-long vessel is equipped with triple Volvo Penta…
Senesco Marine held a launch and christening ceremony for WindServe Marine's new Jones-Act-compliant crew transfer vessel (CTV), WindServe Explorer.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part of the Reinauer Group—will operate the CTV to serve the U…
Singaporean shipbuilder Strategic Marine reports it has secured an order to construct a newbuild crew transfer vessel (CTV) for the Polish offshore wind sector.The order comes from LOTOS Petrobaltic S.A., an ORLEN Group company, and will see…
Norway-based offshore vessel owner Rem Offshore and shipbuilder Myklebust Verft have signed a contract for the construction of an Energy Subsea Construction Vessel (ESCV) with a 250-tonne crane.The vessel will be delivered in 2026 and will be…
Norwegian davit supplier Vestdavit has notched up a new annual sales record for another consecutive year after seeing its order intake surge by 76% in 2023 on high demand from the offshore wind and oil and gas sectors, as well as increased sales in its core naval market…