CM Energy has announced plans to introduce CM Zenith into the European offshore wind market from Q1 2028, following a targeted modification and upgrade program to meet international class, flag and operational requirements.CM Zenith, formerly…
Kongsberg Maritime has secured a contract from COSCO Shipping (Qidong) Offshore Co., Ltd. to supply an integrated technology package for two new Wind Turbine Installation Vessels (WTIVs) being built for offshore wind installation company Cadeler…
Finnish ship design house Deltamarin has joined forces with Barcelona-based engineering and vessel design office Offshoretronic in an Exclusive Engineering Consultant Agreement to develop what will be the world's largest jackup Monopile Installation Vessel (MPIV)…
Egypt expects the Damietta regasification vessel, which was damaged in a drone attack in July, to resume operations in the fourth quarter of the year.The damaged vessel did not impact Egypt's gas market, Petroleum Minister Karim Badawi said…
Tidewater Inc. has announced the completion of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively: WSUT), effective August 31, 2026.Quintin Kneen, Tidewater’s President and Chief Executive Officer…
Ten years after completing its first commercial single-lift operation, Pioneering Spirit has safely removed and delivered TAQA UK's North Cormorant topsides to Shetland for dismantling and recycling.Weighing more than 17,000 tonnes, the former…
Iran is preparing a list of conditions for reopening the Strait of Hormuz after mediators asked Tehran to set them out, said Mohsen Rezaei, secretary of Iran's Supreme National Security Council, adding that ending the regional war was among them…
Singapore's Seatrium is preparing for the sailaway of two floating production, storage and offloading (FPSO) units for Brazil's Petrobras, with the P-80 and P-82 vessels scheduled to depart within weeks of each other.The two vessels were marked…
Shipping traffic at the Strait of Hormuz rose slightly even as a standoff persisted between the United States and Iran, data showed on Thursday, while the market monitored Iran-Oman talks about the waterway.Visible commodity vessel transits at Hormuz totalled 10 on Wednesday…
Dubai-based offshore vessel operator Astro Offshore has signed a strategic memorandum of understanding with Oceaneering International to jointly pursue and deliver offshore and subsea projects.The agreement combines Astro Offshore's offshore…
Petrobras has signed a two-year contract for the Normand Valiant construction support vessel (CSV), owned by Solstad Maritime (SOMA).The contract is expected to start in fourth quarter 2026 in direct continuation of the current agreement and subsequent class renewal…
Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.Brent crude futures LCOc1 fell $2…
Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore…
Saab UK’s Seaeye SR20 eWROV, its next-generation all-electric work-class remotely operated vehicle (ROV), has successfully completed a comprehensive program of inland water trials.The recent water trials marked an important step in the SR20's development…