Shipping News


CETO JIP to develop Low Pressure Solutions for CO2 Ship Transport

Dec 29, 2021

Equinor, Shell, TotalEnergies, Gassco and DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships. The CETO (CO2 Efficient Transport via Ocean) JIP will carry out the technology qualification of a low-pressure ship design and identify solutions to scale CO2 transportation volume, while reducing the associated risks, to support the development of opportunities in CCS…

Fugro's Survey Vessel to Run on Methanol as Part of Dutch Push to Lower Emissions in Shipping

Dec 10, 2021

A Fugro-led consortium has secured a grant from Dutch Government’s Netherlands Enterprise Agency for the development of methanol as a low-carbon shipping fuel.The MENENS (Methanol as Energy Step Towards Emission-free Dutch Shipping) consortium has 22 partners…

DOF LIV newbuild starts on Husky contract

Jul 03, 2017

DOF Subsea's newbuild light intervention vessel the Skandi Vinland has started a 10-year contract with Husky Energy of the east coast of Canada. Under the contract, the DOF Subsea team based in St. John's will supply inspection, maintenance and repair (IMR) services over 10 years…

Vallianz closes Singapore yard

Jan 06, 2017

Singaporian vessel operator Vallianz has ended operations at its Singapore shipyard, due to the industry slowdown and discontinuation of business with a key customer, the firm has said. The move was part of an ongoing strategic review…

Unmanned offshore vessel takes shape

Nov 01, 2016

UK firm Automated Ships and Norway’s Kongsberg Maritime have signed a memorandum of understanding to build the world’s first unmanned and fully-automated vessel for offshore operations. In January 2017, Automated Ships will contract the Hrönn…

Havyard inks Esvagt, Hess order

Jun 06, 2016

Norwegian ship designer Havyard has won a contract for the design of a new multipurpose vessel to work for Hess under contract with Esvagt. Havyard will also deliver ship equipment system packages with a total value of more than NOK 100 million…

James Fisher charters Polar Onyx cable layer

May 27, 2016

GC Rieber Shipping has secured a cable lay charter with marine solutions and specialist engineering service provider James Fisher Marine Services for the SURF vessel Polar Onyx for services in the UK North Sea. The charter commences prompt and with options may last in excess of one month…

OTC15: Latest collision guidance notes

May 06, 2015

Lloyd’s Register has issued its latest Guidance Notes at the Offshore Technology Conference (OTC) in Houston. The Guidance Notes for Collision Analysis assist owners, operators, and designers of offshore units in America and Canada with identifying potential collision scenarios…

UKCS offshore shipping tax warning

Jan 21, 2015

International accountant and shipping adviser Moore Stephens says companies in the offshore maritime sector could be among those hit by a 25% Diverted Profits Tax (DPT) charge under draft UK legislation scheduled to enter force in April 2015…

Dual-fuel PSV starts North Sea contract

Jan 04, 2015

Siem Offshore recently accepted delivery of its newbuild dual fuel PSV Siem Symphony from Hellesøy Verft Shipyard in Norway. The vessel is now at work in the Norwegian offshore market. Built to Wärtsilä’s VS 4411 DF design, Siem Symphony can be powered by either LNG or marine diesel oil…

Arctech Helsinki bought out by Russians

Dec 31, 2014

Arctech Helsinki Shipyard has moved into full Russian ownership after United Shipbuilding Corporation bought the other half of the company's shares from STX Finland. Finland based Arctech Helsinki Shipyard was founded in December 2010…

Chouest signs Brazil port deal

Apr 21, 2014

Brazilian port infrastructure firm Prumo has signed a rental agreement with US vessel builder and operator Edison Chouest. Under the agreement, Edison Chouest will build an offshore logistics support base and ship repair yard for its vessels at Açu Port…

NorYards wins AHTS deal

Apr 10, 2014

NorYards AS has signed a more than NOK650 million contract with NFDS 2 Offshore AS for outfitting and commissioning a new and modern anchor handling tug supply vessel (AHTS). The modern anchor handling vessel is a sister ship of the anchor…

ADNOC to use catamarans offshore

Apr 09, 2014

Abu Dhabi’s national oil company, ADNOC, has ordered two 45m-long, high-speed, catamarans to be used to service its offshore oil and gas facilities.    The contract to design and build the vessels was awarded to Australia's Austal Limited…

Bourbon takeover bid annnounced

Mar 18, 2014

Luxembourg-based investment firm JACCAR Holdings has made a takeover bid for French offshore vessel owner Bourbon.   JACCAR, the private, maritime sector-focused, investment company of Jacques de Chateauvieux, Bourbon’s chairman, already directly owns 26…

Current News

Siemens Gamesa Posts $974M Net Loss on Higher Warranty Costs

Siemens Gamesa Posts $974M Net Loss on Higher Warranty Costs

Equinor Says Sanctions Prevented it Helping on Nord Stream

Equinor Says Sanctions Prevented it Helping on Nord Stream

Shell Posts Record $40 Billion Annual Profit

Shell Posts Record $40 Billion Annual Profit

Mayflower Wind Changes Name to SouthCoast

Mayflower Wind Changes Name to SouthCoast

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