U.K. shipbuilder Diverse Marine has introduced its own finance and lease program designed initially for the financed construction of offshore wind crew transfer vessels (CTV).Funding for offshore wind CTVs has been challenging, and the company…
As the world looks to renewable energy sources to combat climate change and reduce reliance on fossil fuels, offshore wind has emerged as a promising frontier in the United States. A report by the University of California Berkeley released in…
Offshore vessel owner Maersk Supply Service, A.P. Moller – Maersk, and The Ocean Cleanup have agreed to extend their collaboration to complete the validation of the system by The Ocean Cleanup which is said to be able to consistently capture significant quantities of plastic from the ocean…
Offshore wind installation company Havfram has signed a Senior Secured Green ECA Term Loan Facility to fund its two wind turbine installation vessels ('WTIVs'), currently under construction at CIMC Raffles in China. The Facility was entered into with a syndicate led by DNB Bank ASA (Coordinator…
Oslo-listed Standard Supply has recently agreed to sell three large platform supply vessels, Standard Viking, Standard Supplier, and Standard Defender, for a gross of $72.2 million.Adjusting for ownership, proceeds to Standard Supply will be $69…
Golar LNG has announced that the FLNG Gimi has departed Singapore’s Seatrium Shipyard and is now sailing under its own propulsion, supported by an escort tug, toward BP’s purpose-built Greater Tortue Ahmeyim (GTA) hub offshore Mauritania and Senegal…
Turkish shipbuilder Uzmar Shipyards in October cut first steel for a new offshore support vessel for Norway's Buksér og Berging, Norway.The Robert Allan Ltd. (RAL) designed RAmpage 4100BB-H is designed to satisfy the general demands of the offshore…
Covington, La. based marine engineering and services firm Baker Marine Solutions (BMS) has unveiled a new pipe mill barge concept design targeting uptake in the U.S. offshore wind industry.BMS describes its new 1888 Mobile Pipe Mill Barge concept…
Vard, a Norwegian firm specializing in shipbuilding and design, said Friday its subsidiary in Vietnam, Vard Vung Tau, had delivered a newbuild 944 Grampian Tees service operation vessel to owner North Star.This SOV is the third of four purpose…
Brunvoll has received an order for the delivery of propulsion and manoeuvring packages for Windward Offshore's new Commissioning Service Operation Vessels (CSOVs). The order is for two vessels, with two additional vessels as an option.Windward’s…
Offshore wind developer Parkwind said Thursday that it had installed the final three turbines of its 27-turbine Arcadis Ost 1 offshore wind farm, marking the first time that turbines at a commercial fixed-bottom wind farm were installed using a floating vessel and not a jack-up unit…
Vitol, the world's largest independent oil trader, has provisionally chartered a supertanker to load oil from Venezuela for China, according to two shipbrokers and data from shiptracking firms Kpler and Vortexa.The Very Large Crude Carrier Gustavia S…
Norway-based offshore vessel owner Rem Offshore said Wednesday it had secured multiple long-term contracts for its vessels. 'The contracts have been signed on market terms and will ensure high fleet utilization in the coming years,' Rem Offshore said…
Norwegian offshore vessel owner DOF Group has secured a long-term charter for one of its construction vessels and has agreed to add another construction vessel to its fleet via a two-year charter.First, DOF said that it had secured a charter…
Italian gas grid operator Snam will invest 1 billion euros ($1.1 billion) in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.The floating storage and regasification unit (FSRU) will add to another LNG terminal already set up in Tuscany…
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