The new ship owning company Sverre Farstad & Co has taken ownership of a 2016-built platform supply vessel (PSV), marking a return for the Farstad name in the Norwegian offshore sector.Farstad was one of the parties behind the June 2017 three-way merger of Norwegian ship owners Solstad Offshore…
MODEC Inc. received a letter of intent (LOI) from Petróleo Brasileiro for the supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for the Búzios field.The firm time charter period of the contract is 21 years…
A UK shipbuilder known for building high-speed ferries aims to enter the offshore wind market with a new line of wind farm support vessels (WFSV).Wight Shipyard Co (WSC) said its Vortisea brand of vessels, designed in collaboration with Australian naval architect Incat Crowther…
Canadian-based Atlantic Towing Limited said it has entered into a contract with Norwegian builder Havyard Ship Technology for the purchase of a Havyard 833 WE platform supply vessel (PSV), the Atlantic Harrier, for delivery in April 2020.Designed and built by Havyard Ship Technology…
Deepsea Yantai, a newbuild semi-submersible drilling rig destined for operations in Norway, has been launched in China.On June 12, the naming ceremony for the semi-submersible drilling rig, designed and built by CIMC Raffles, was held in Yantai Yard…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and DNV GL have signed a framework agreement which will see them cooperate on joint development projects (JDPs) for future technologies in the shipbuilding and offshore plant industries…
High Speed Transfers (HST), a recent new entry into the crew transfer sector, has placed its fourth order for a Damen next-generation Fast Crew Supplier (FCS) 2710, to be named HST Euan.The order for is the result of a long-term contract won from a client operating out of Belgium…
The global market for autonomous underwater vehicles (AUV) and remotely operated vehicles (ROV) is predicted to propel at a robust compound annual growth rate (CAGR) of 18.2% from 2017 to 2025, says a recent industry report.In 2016, the offshore AUV and ROV market was valued around worth of $2…
Shanghai Merchant Ship Design and Research Institute has been granted approval in principle (AiP) by Lloyd’s Register (LR) for a J-lay heavy lift vessel concept design.The vessel’s primary function will be deep-water pipe-laying, subsea installation and heavy lifting in deep sea…
BMT said on Thursday it has been awarded a contract to design two crew transfer vessels (CTVs) to be deployed for Windserve Marine to service Ørsted’s Coastal Virginia Offshore Wind Project in the US.BMT has designed the new 20-meter CTV specifically for East Coast conditions with maneuverability…
Singapore Technologies Engineering (ST Engineering) announced that its U.S. company Vision Technologies Systems (VT Systems) has set up a subsidiary ST Engineering Halter Marine and Offshore, based in Pascagoula, Miss., with share capital of US$10 (approximately S$13…
China Merchants Offshore Technology Research Center (CM-OTRC), the R&D center for China Merchants Industry Holdings (CMI) of Shenzhen, China, have completed the basic design of the OOS Zeelandia a new semisubmersible crane vessel (SSCV) that…
Acta Marine has held a naming ceremony for its latest walk-to-work construction support vessel Acta Centaurus in Den Helder, the Netherlands.Mrs. Marianne van Oord named the vessel Acta Centaurus. Centaurus being one of the stellar constellations in the northern hemisphere…
Independent Angolan diving services company OCTOMAR Serviços Marítimos Limitada has taken delivery of a new Fast Crew Supplier (FCS) 2206, its first vessel from the Damen Shipyards Group.The vessel was selected for its ability to undertake a variety of roles…
Singapore-based offshore vessel operator Pacific Radiance has won an arbitration award against a Chinese shipyard in a case involving two cancelled platform supply vessels (PSVs).The arbitral award provides for the refund of the pre-delivery instalment amounting to $2…
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