The offshore oil and gas downturn has claimed three more victims.Dutch-based Vroon Offshore Services (VOS) will dispose of three out-of-work platform supply vessels (PSV) in an effort to 'right-size' its fleet amid the prolonged industry slump…
U.S. based offshore vessel owner Harvey Gulf International Marine announced Monday it has signed two 18-month contract extensions for two of its liquefied natural gas (LNG) powered platform supply vessels (PSV), Harvey Liberty and Harvey Freedom…
Norwegian offshore vessel operator DOF has warned that several of its vessels might be laid up after the end of their current contracts, citing lack of new work opportunities amid the oil price rout and COVID-19 pandemic effects. On a positive note…
Dutch provider of geo-intelligence and asset integrity solutions Fugro has partnered with the US National Oceanic and Atmospheric Administration Office of Ocean Exploration and Research (NOAA OER) to establish a new ‘opportunistic’ approach…
Global offshore support vessels supply base (OSB) market to reach around USD 6400 million by 2026 and is increasing at a CAGR of 5.4% during forecast period.According to a report by Facts & Factors, an increase in offshore investments in emerging…
The market for Offshore Supply Vessel (OSV) is expected to grow at a CAGR of roughly 8.3% over the next five years, will reach US$ 25 billion in 2023, from US$ 15.5 billion in 2017, according to a new study.The Anchor Handling Tug Supply (AHTS) vessels segment accounted for the largest share…
The UK-based High Speed Transfers (HST) has taken delivery of its fourth fast crew supplier (FCS) 2710, eighteen months after receiving its first, the HST 'Hudson'.HST received HST Hudson, in June 2018, which was followed by HST Sofia in March 2019 and HST Harri in October of the same year…
Norwegian offshore vessel owner GC Rieber Shipping has clinched two crew-boat contract extensions in the Russian Far East.Through its JV with Russian company Prisco, GC Rieber signed a new 1+1 year charter agreements with Sakhalin Energy Investment…
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) and Dutch maritime contracting company Van Oord have signed a memorandum of understanding (MoU) to jointly own and operate offshore wind installation vessels under the Japanese flag…
International offshore service company Telford Offshore has recently expanded its order book by around US $15 million by taking on additional work with existing clients in Nigeria and Mexico.'This will help ensure high utilization levels of…
The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel.Offshore accommodation specialist informed last…
Norwegian offshore service and supply ship shipping company Solstad Offshore has signed contracts for several of its vessels with various clients.Technip FMC have extended the present frame agreement with Solstad for ploughing/trenching duties in the North Sea with 1 year…
Finnish tech company Wärtsilä will supply equipment for two offshore support vessels (OSV)under construction at the Fujian Mawei Shipbuilding yard in China for Netherlands-based shipping company Spliethoff.The order with Wärtsilä is booked in November 2019…
British satellite telecommunications company Inmarsat plc will extend its service portfolio for customers with the launch of Fleet LTE, following an agreement with subsea fibre and offshore LTE network operator, Tampnet.The new service which…
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast…
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