Norwegian shipbuilder Ulstein Verft has signed contracts with J.P. Morgan Asset Management for offshore wind Construction Service Operation Vessel (CSOV) newbuilds.In 2023, Bernhard Schulte Offshore ordered the design and construction of two…
Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit…
Panama City Fla. based Eastern Shipbuilding Group announced it has been awarded a contract to complete construction of two ultra high-spec 400 class multipurpose support vessels (MPSVs) for Hornbeck Offshore Services (HOS).The newbuilds were originally started by Gulf Island Shipyards in Houma…
Cosco Shipyard in China has launched Cadeler’s newbuild vessel Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load.The launching of Wind Peak is a critical milestone that marks the completion of the vessel’s hull…
Offshore wind installation services company Fred. Olsen Windcarrier has been awarded a contract with Ørsted and PGE for the installation of wind turbines at the Baltica 2, lot 3 offshore wind farm in Poland.Fred. Olsen Windcarrier will mobilize…
Prime Energy has extended the contract for DOF’s multipurpose supply vessel (MPSV) Skandi Hawk for work on the Malampaya gas field offshore Philippines.The contract has been extended to the end of 2027, according to Norwegian vessel owner DOF…
Thai subsea services company Mermaid Maritime has through its subsidiary Mermaid Subsea Oil and Gas Services (MSOGS) secured a loan of up to $10 million for the acquisition of Mermaid Sapphire ROV support vessel.The loan agreement, SinoPac Capital International…
Norwegian shipowner Island Offshore announced it has secured long-term employment for its offshore support vessel Island Condor, commencing in autumn 2024.'This is a fantastic Christmas gift for the company! We have worked purposefully to secure…
Taihan Cable & Solution has won a $77.3 million contract for the supply of subsea cables for the 365 MW Yeonggwang Nakwol offshore wind farm in South Korea, and purchased what is said to be the country's only cable-laying vessel (CLV) for the offshore wind market…
The first hybrid Platform Supply Vessel (PSV), which uses batteries and diesel for propulsion, has started operating for Equinor in Brazil.With the battery bank installed, the PSV is able to operate with hybrid propulsion, switching between the use of electricity and diesel…
NYK Group’s Hokuyo Kaiun has received certifications from ClassNK for the safety management system (SMS) of its crew transport vessel (CTV) for the offshore wind industry.The certifications, ISO 9001:2015 and ISO 45001:2018, were obtained by combining the experience of Hokuyo Kaiun…
Great Lakes Dredge & Dock Corporation announced its MARAD Title XI Financing application for its offshore wind rock installation vessel, the Acadia, has been updated to the 'completed' category, indicating the loan process is moving towards the final phase…
New York-listed shipowner Capital Product Partners L.P. (CPLP) has closed the umbrella agreement from November 2023, moving forward with the $3.1 billion acquisition of 11 newbuild LNG carrier vessels.CPLP entered into umbrella agreement with Capital Maritime & Trading Corp…
Allseas’ construction vessel Pioneering Spirit has started pipelaying work on BP’s ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas’ offshore construction support vessel Oceanic kicked…
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for a design of Floating Storage and Regasification Unit (FSRU) for ammonia.The ammonia FSRU has been jointly developed by MOL and MHI Group’s Mitsubishi Shipbuilding…
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