Saipem and Egypt's Modern Drilling Company (MDC) have signed a memorandum of understanding (MoU) to explore offshore drilling opportunities in Egypt, with the potential to extend their cooperation to other countries.The non-exclusive agreement covers the identification and development of new offshore drilling business opportunities, with the companies considering different forms of cooperation depending on individual projects…
Accelerating demand for subsea power and telecoms cable network construction is fuelling major expansion of the world fleet of purpose-designed cable laying, maintenance and repair vessels.Driven by the growth of the offshore renewables sector and its advance into deeper waters…
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…
Huisman has secured a contract from Siem Industries to supply four knuckle boom cranes for two offshore subsea construction vessels under construction at Fujian Mawei Shipbuilding in China, with deliveries of the vessels scheduled for 2029 and 2030…
Shipbuilder Vard has launched a new energy construction vessel (ECV) being built for Wind Energy Construction, a Norwegian company partly owned by the founders and owners of Norwind Offshore, with delivery scheduled for the second quarter of 2027…
We are entering in interesting period in the subsea vessel market, as contract backlog among the EPCs continue to rise to new all-time highs, existing long-term contracts are coming up for renewals, and a wave of newbuilds are closing in on delivery…
OEG Marine Services has ordered three additional crew transfer vessels (CTVs) from Diverse Marine, expanding its offshore wind support fleet under a newbuilding program scheduled for delivery throughout 2027.The vessels will be built to the BREVITY SL Class design developed by Chartwell Marine…
Union Vega Offshore has ordered two battery-hybrid platform supply vessels (PSVs) from Fujian Mawei Shipyard, with options for four additional vessels, under a design contract awarded to Breeze Ship Design.The vessels will be based on Breeze Ship Design's next-generation Z 4409 PSV design…
Zamil Offshore commissioned Incat Crowther and Singaporean shipbuilder Lita Ocean to design, build and deliver a fourth 60-m ABS-classed monohull Fast Support Intervention Vessel (FSIV). The project follows the delivery of the third vessel in…
Bibby Marine has launched its new battery-first electric commissioning service operation vessel (eCSOV) at Armon Shipyard in Vigo, Spain, ahead of its planned delivery in 2027.The vessel, which will carry the name Staffordshire, entered the…
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…
Integrated Wind Solutions (IWS) subsidiary IWS Fleet has ordered four Skywalker-class commissioning service operation vessels (CSOVs) for a combined firm yard price of around $301 million (€260 million), expanding its owned fleet from six to 10 CSOVs…
Van Oord has named its two next-generation flexible fallpipe vessels Vindnes and Vestnes, with the 35,000-tonne-capacity ships scheduled for delivery in 2028 and 2029.The purpose-built vessels, currently under construction at Yantai CIMC Raffles Offshore in China…
Fincantieri's Norwegian subsidiary Vard has signed a contract, worth between $76 million and $86 million, to build a commissioning service operation vessel (CSOV) for Dong Fang Offshore, marking the fifth vessel ordered by the Taiwan-based marine contractor from the shipbuilder…
CSL OWL has launched the first of two purpose-built subsea rock installation vessels designed for offshore wind construction and maintenance projects.The vessel, named Rock Star, is the first in CSL OWL's two-ship newbuilding program and is designed to carry up to 17…
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