Abu Dhabi-based industrial AI company AIQ and US maritime intelligence firm Quartermaster have signed a strategic collaboration agreement to explore AI-enabled maritime safety and security solutions for offshore energy operations.The agreement, signed during ADIPEC 2026 in Abu Dhabi, will initially focus on the United Arab Emirates, with plans to explore opportunities across the Gulf Cooperation Council (GCC) region and international markets…
BOURBON has taken delivery of the first of two new 34-meter crew boats from Grandweld Shipyards in Dubai, expanding its fleet of offshore personnel transport vessels.The first vessel was officially delivered on November 3 following successful sea trials…
Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior Iranian officials told Reuters.Tehran has tried to exert control over the…
Iran is still reviewing a US response to its proposal regarding the reopening of the Strait of Hormuz and will reply to Washington via intermediaries when the review is over, foreign ministry spokesperson Esmaeil Baghaei said on Monday.Baghaei…
Solstad Offshore has exercised an option to purchase the construction support vessel (CSV) Normand Maximus for $125 million via its subsidiary, with the acquisition scheduled to be completed in October 2027.Solstad Offshore’s subsidiary Normand Maximus declared the purchase option on October 6…
MISC has named Th’ailib, the first of three new 174,000-cubic-metre liquefied natural gas (LNG) carriers secured under long-term charter agreements with QatarEnergy, at Samsung Heavy Industries (SHI) in South Korea.Th’ailib will enter a firm 15-year charter with QatarEnergy starting in 2026…
MacGregor has received an order from Nantong Rainbow Offshore & Engineering Equipment to supply motion-compensated cranes and gangways for four additional Skywalker-class commissioning service operation vessels being built for IWS Fleet.The…
Norwegian shipbuilder Vard, part of Fincantieri, has opened a new design and engineering office in Ho Chi Minh City, Vietnam, and plans to grow its workforce there to more than 40 engineers in the coming years.The new Vard Design and Engineering…
Reach Subsea has exercised a one-year option to extend the charter for Deep Cygnus subsea vessel from Havila Subsea & Renewables, keeping the vessel in its fleet through March 2028.The original charter, announced in July 2022, covered a four-year period with an option for an additional year…
Bernhard Schulte Shipmanagement (BSM) has agreed to acquire a 50% stake in Norwegian offshore recruitment and crewing specialist OffshoreCrew, expanding its services for offshore and maritime customers.Kristiansand-based OffshoreCrew provides recruitment…
Mermaid Maritime has established a joint venture with Nigerian oilfield services company Marine Platforms Limited to pursue subsea work for TotalEnergies Nigeria and other oil and gas operators in the country.The new company, Mermaid Subsea Services Limited…
More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait of Hormuz in the last week despite the US-Iran conflict.In August, Kpler data showed no visible transits by Qatar-linked LNG vessels or vessels carrying cargoes from the Ras Laffan gas terminal…
Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said…
Crude oil flows out of the Strait of Hormuz reached 33.7 million barrels so far in the week starting September 20, preliminary ship-tracking data from Kpler showed on Friday, putting exports roughly on track with the previous week's levels.The traffic comprised 19 tankers…
Fugro has secured a marine asset integrity contract in Australia covering the replacement of critical subsea infrastructure and survey and inspection work, with offshore operations expected to start towards the end of 2027.The contract, awarded by an undisclosed client…
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