Offshore News

At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA) when concluding charter-party contracts for offshore services could cause problems in the event of an incident or accident.Michiel Starmans, a Fellow of the AAA and Director Legal Department of the Spliethoff Group and Alf Inge Johannessen…

U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw, the Energy Information Administration said on Wednesday.Crude inventories rose by 545,000 barrels to 430.3 million barrels in the week ended Nov. 15, the EIA said, compared with analysts' expectations in a Reuters poll for a 138,000-barrel rise.Crude stocks at the Cushing, Oklahoma, delivery hub fell by 140,000 barrels in the week, the EIA said. Net U.S.

Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to boost the security of its critical energy infrastructure, government officials said on Wednesday."Maritime offices will submit analyses any moment, which will give grounds to make a decision on designating new areas for offshore wind farms," Deputy Infrastructure Minister Arkadiusz Marchewka told an industry conference.Poland is boosting its offshore ambitions in the Baltic Sea…

AST Reygar has introduced its BareFLEET remote monitoring system, a solution designed to optimize Service Operation Vessels (SOV) performance in real-time, while providing long-term operational insights.BareFLEET delivers actionable insights across key areas, including fuel consumption, emissions, vessel motion, gangway operability, and navigation activity.The system was developed in response to challenges faced by SOV operators responding to unprecedented growth of offshore wind…

Energy and marine consultancy ABL has expanded its global presence with a new office in New Zealand, to support the country’s growing maritime and offshore energy markets.The ABL New Zealand office will be led by experienced maritime professional Morwenna Vye, offering the company’s full range of energy and marine consultancy services.Leveraging the global expertise and resources of ABL Group, the new office will specialize in services including technical due diligence, technical advisory and management consultancy…

The Norwegian Offshore Directorate said that Norway's oil and gas production in October exceeded the official forecast by 5 percent.Norway is Europe's biggest supplier of natural gases and oil. However, output can vary from month to months depending on maintenance and other stops at over 90 offshore fields.The total oil, gas liquids, natural condensate and gas production stood at 0.657 standard cubic metres (SCM) per day. This is equivalent to 4,13 million barrels oil equivalent.The…

Advanced boat-handling systems supplied by Vestdavit have been installed on the newbuild CSOV Olympic Notos delivered for Olympic by Norway’s Ulstein Verft, which is raising the bar in terms of sustainability and operational efficiency for such vessels employed in the offshore energy sector.The leading Norwegian supplier provided a total package of five davits for the vessel including two H-9001 davits - one dedicated lifeboat davit and the other a combination of MOB (man overboard) and lifeboat davit.

The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania's armed forces boosted surveillance of its waters in response."No one believes that these cables were cut accidentally. I also don't want to believe in versions that these were ship anchors that accidentally caused the damage," German Defence Minister Boris Pistorius said before a meeting with EU colleagues in Brussels.Two fibre-optic cables - one linking Finland and Germany…

Anyone who knows Aaron Smith, president and CEO of OMSA, knows that he is passionately focused on the U.S. maritime industry and staunchly defending the U.S. Jones Act fleet and mariners. We caught with Smith on the sidelines of the Workboat Show in New Orleans last week. Highlights of the conversation are below – including an update on the American Offshore Worker Fairness Act – the full interview can be seen on Maritime Reporter TV.Let’s talk a bit about the offshore energy industry today.

Maritime digital decarbonization services provider VPS has entered a partnership agreement with Veracity, DNV’s independent data platform, to streamline monitoring, reporting, and verification (MRV) services for offshore vessels.The partnership will enable a transfer of validated and checked operational MRV data from VPS’ Maress system, to the Veracity data platform, where it is connected to the DNV's real-time data verification services.By streamlining data collection, validation and verification…

Mitsui O.S.K. Lines (MOL) and the Kansai Electric Power Company (KEPCO) have signed a memorandum of understanding (MoU) for the joint study of a liquefied hydrogen carrier.This is the first such agreement in Japan between a shipping company and a power generation regarding marine transport of liquefied hydrogen, which is a key element in the establishment of a hydrogen fuel supply chain.Under the MoU, the two companies will conduct a detailed study and review of the optimal vessels and operations in the liquefied hydrogen supply chain…

Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals, revive its share price and allay investor concerns over future profits.Rivals Shell and Norway's state-controlled Equinor are also scaling back energy transition plans set out earlier this decade. Their change of direction…

There’s plenty to go around for everyone, no matter it comes from.I will admit that attending the 2024 Workboat Show in the Big Easy just ten days after settling into the MarineNews Editor’s chair (for this, the second time around) had my full attention. The event typically evokes the specter of drinking from the proverbial fire hose in routine times, but attending and digesting all it has to offer, right out of the gate, makes the task just little bit edgier. Ultimately, last week’s trade show exuded terrific energy, from exhibitors to attendees alike.

Eco Wave Power has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its wave energy project at AltaSea’s premises at the Port of Los Angeles.The milestone marks a significant step forward in the development of Eco Wave Power’s pioneering wave energy project, which is set to become the first onshore wave energy installation in the United States.The permit, authorizes Eco Wave Power to install eight wave energy floaters on the piles of an existing concrete wharf structure.The system will also include an energy conversion unit…

DNV has signed a memorandum of understanding (MoU) with Seatrium to cooperate on strategic activities and projects in the areas of engineering, technology and new product design, with key focus on floating offshore energy solutions.Under the MoU, DNV will provide Seatrium with expert advice on market and regulatory trends, emerging technologies, and best practices for environmental, safety and quality standards, in the maritime and offshore sectors.Both parties will work closely on optimizing existing processes and improving efficiencies across newbuilding…

Japan's first liquefied natural gas (LNG) bunkering vessel Kaguya conducted its 100th ship-to-ship supply of LNG fuel, with the refueling of the car carrier Sakura Leader at the port of Mikawa in Aichi Prefecture.Kaguya was completed in 2020 as Japan's first LNG bunkering vessel and is operated by Central LNG Marine Fuel, a JV company among NYK, Kawasaki Kisen Kaisha, JERA Co, and others.Since October of the same year, the vessel has been part of Japan's first LNG bunkering business, using the ship-to-ship supply method.

Strategic Marine has delivered a a StratCat 27 Crew Transfer Vessel (CTV) to ORLEN to operate in Poland’s growing offshore wind sector.The vessel is designed specifically for offshore wind farm operations. It is scheduled to begin operations in the North Sea before transitioning to the Polish exclusive economic zone in the Baltic Sea.The StratCat 27 is equipped with advanced technologies to meet the demanding conditions of offshore wind farms. The vessel meets Tier III emission requirements and is hybrid-ready…

Cadeler’s newbuild offshore wind installation vessel (WTIV) Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load, has arrived to Rotterdam in the Netherlands, ahead of its first deployment.The P-class vessel arrived to Rotterdam after 73-day long journey from Cosco Shipyard in Qidong, China.The vessel has sailed more than 14,000 nautical miles with stops in Singapore, Cape Town, Las Palmas and now, Rotterdam.Wind…

Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries, but its application for ammonia is relatively new. The unit will use renewable energy to provide power for electrolysis of seawater to produce green hydrogen, which will be combined with nitrogen and synthesized to produce green ammonia…

Finnish engineering firm Cargotec said on Thursday it would sell its cargo handler business MacGregor to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt.The deal would be pursued to help its on-road load handling business, Hiab, operate as a standalone business, Cargotec said, adding that its CEO Casimir Lindholm would step down and be replaced by Hiab President Scott Phillips as a part of the arrangement.Hiab would subsequently be the only business remaining under Cargotec as a result of the deal…

Seatrium and the Institute of Technical Education (ITE) in Singapore have inaugurated a Digital Learning Lab.The ITE-Seatrium Digital Learning Lab is designed to be a leading educational and innovation hub for the marine and offshore energy industry.By providing a dynamic and immersive learning environment for students, the Lab features practical skills development in energy and engineering, technological literacy in digital advancements and hands-on learning experiences emphasizing active engagement and problem-solving.Courses on Digital Yard Technology Applications…

GE Vernova’s offshore wind turbine manufacturing plant has fired or suspended several workers in Quebec after a company investigation found they took shortcuts on quality control, sources familiar with the matter told Reuters.GE Vernova launched the probe at the factory in Gaspe, Quebec, after one of the 107-meter-long turbine blades it made shattered at the Vineyard Wind project off the coast of Massachusetts in July. Shards of fiberglass littered the beaches and forced the project…

Offshore drilling contractor Noble Corporation has selected ABS Wavesight’s eLogs electronic logbooks for digital recordkeeping across its entire fleet of offshore assets.ABS Wavesight eLogs offers a comprehensive and streamlined approach to recordkeeping for both the maritime and offshore industry.The secure digital platform replaces traditional paper logbooks, delivering a more efficient, reliable, and user-friendly solution for record management.By leveraging advanced technologies such as cloud computing…

A landmark partnership to develop the safety guidelines for ship-to-ship ammonia bunkering has been established through a memorandum of understanding (MOU) between KR (Korean Register), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), KSS Line, and the Liberian Registry.As the demand for ammonia-fueled vessels rises, this partnership aims to establish robust safety standards for STS ammonia bunkering, an efficient method for supplying fuel to ammonia-fueled vessels.The safe bunkering of alternative fuels…

Ocean energy company Global OTEC unveiled the OTEC Power Module concept, a system that employs ocean thermal energy conversion (OTEC) technology to provide clean power for remote offshore platforms and wells.Designed as an alternative to traditional long subsea tiebacks, the OTEC Power Module could provide clean baseload electricity and flow assurance services without the need for cables and hydraulics, which typically limit reach to 35 km.Building on Global OTEC’s experience…

Bourbon Logistics has secured a new fully integrated logistics contract by an unnamed oil and gas major to support its exploration campaign and the drilling of its first well in the waters of southern Namibia.The campaign, estimated to last about six months, marks a significant step forward in the client’s strategy, particularly in terms logistics strategy with the first integrated logistics contract.For Bourbon Logistics, it is the continuation of the successes already achieved…

INEOS and Royal Wagenborg have signed an agreement for the delivery of a CO2 carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.Project Greensand has already marked a world-first achievement by demonstrating the safe, cross-border transport of CO₂ for injection into a depleted oil field. In March 2023, HM King Frederik of Denmark authorized the first injection of CO₂ into Danish subsoil in the North Sea.The agreement with Royal Wagenborg marks the first deployment of a dedicated CO₂ vessel for Project Greensand.

China is stepping up pressure on the Philippines to concede its sovereign rights in the South China Sea, Manila's Defense Secretary Gilberto Teodoro said on Tuesday after meeting his Australian counterpart in Canberra.The fifth such meeting since August 2023 reflects growing security ties between the countries, which have both voiced concern about Chinese activity in areas of the busy waterway claimed by the Philippines and other Southeast Asian nations."What we see is an increasing demand by Beijing for us to concede our sovereign rights in the area…

BNS has acquired Carolina Power Systems (CPS), a provider of marine electrical equipment to the military shipbuilding industry, which will bolster its marine power capabilities.With the acquisition of CPS, combined with that of Cadick Corporation, BNS now offers full lifecycle solutions, services and maintenance support for military and commercial across the marine electrical system spectrum.CPS provides switchboards, motor controllers and other control and monitoring equipment for installation on U.S. Navy and Coast Guard ships.

Norwegian offshore vessel operator DOF Group has won a contract for IMR vessel and associated subsea services in the Asia Pacific region.The contract will utilize one of DOF’s project vessels in the region and includes project management, engineering, logistics support and all related subsea activities.Offshore services are expected to commence in the first quarter of 2025 for approximately 150 days.“This award secures further backlog for the Asia Pacific region with an estimated value of over A$20 million ($13.1 million).

Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.The two companies combine DeepOcean’s subsea engineering competence and extensive fleet of WROVs and supporting subsea vessels with EXCEEDS’s specialist well decommissioning expertise to offer operator a single contract, turnkey P&A service for decommissioning projects.The offering includes equipment…

The RSD-E Tug 2513, which Damen delivered to SAFEEN Group earlier in 2024, has won a Guinness World Records title for the most powerful electric tugboat.The record was set by measuring the bollard pull of Damen RSD-E Tug 2513 Bu Tinah. With an average high peak pull of 78.2 tonnes, the vessel demonstrated performance unprecedented for a fully electric tug.The vessel was delivered by Damen to SAFEEN Group, part of AD Ports Group’s Maritime & Shipping Cluster, becoming the first fully electric tug to operate in the Middle East.The record-breaking performance took place at Khalifa Port…

Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer worth $580 million.The new contract has a duration of three years and three months with commencement on January 1, 2025.The contract has an estimated value of $580 million in total over the contract period, with rates in line with current market levels.“This demonstrates their commitment to securing long-term ocean capacity and will further strengthen our partnership.“We are pleased to announce this multi-year agreement with a long-term customer strengthening our existing partnerships.

U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits. President Joe Biden had paused new non-FTA export permits and asked the DOE to more broadly evaluate the cumulative effects of new LNG projects' climate…

China summoned the Philippines' ambassador on Friday to express its objection to two new laws in the Southeast Asian nation asserting maritime rights and sovereignty over disputed areas of the South China Sea, its foreign ministry said.China made "solemn representations" to the ambassador shortly after Philippine President Ferdinand Marcos Jr signed the Maritime Zones Act and the Archipelagic Sea Lanes Act into law to strengthen his country's maritime claims and bolster its territorial…

The U.S. Navy’s Fleet Weather Centers are piloting Sofar’s Wayfinder platform and data from its global network of ocean sensors to advance the Navy’s capability to ensure safe and efficient ship routing for the U.S. Fleet.Sofar Ocean announced the partnership with the U.S. Naval Meteorology and Oceanography Command’s (CNMOC) Fleet Weather Centers in Norfolk (FWC-N) and San Diego (FWC-SD).FWC-N and FWC-SD, the Navy’s two primary weather forecasting centers, are piloting Sofar’s Wayfinder platform to support the routing of naval vessels at sea.

R.W. Fernstrum & Company, founded by Robert W. Fernstrum 75 years ago, is a quintessential U.S. manufacturing story. The company was born in the aftermath of WWII, founded on an invention developed during the war by Robert Fernstrum to help solve an engine overheating problem that was plaguing U.S. Navy landing craft. Family owned and operated from day one, today the company includes a fourth generation of family that aims to continue the legacy of its founder, a legacy built on effective…

Hapag-Lloyd’s vessel Colorado Express has bunkered a B25 bio marine fuel blend comprised of ExxonMobil’s bio fuel, which is able to deliver an estimated 20.1% greenhouse gas well-to-wake reduction compared with conventional marine fuel formulations on an energy basis.ExxonMobil’s Premium HDME 50 fuel consists 0.10% sulphur Emission Control Area (ECA) fuel, and waste-based fatty acid methyl esters (FAME) derived from used cooking oil methyl ester (UCOME).The ‘drop-in’ blend met the requirements of ISO 8217:2017…

Babcock has awarded the recycling contract to KDC Veolia Decommissioning Services UK (KDCV) as part of U.K.’s demonstrator project to fully dismantle a nuclear-powered submarine Swiftsure.Babcock is working with the Defence Nuclear Enterprise (DNE) and KDCV on the demonstrator dismantling project, applying a new and innovative methodology which will enable around 90% of the structure and components to be reused or recycled.This includes the pressure hull around the reactor compartment…

Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and diversification of its fleet."From a supply-side perspective, the outlook for the tanker fleet remains generally favorable for Very Large Crude Carriers (VLCCs)," the group said in a statement.It cautioned about the Suezmax segment, where the order book has grown significantly, with an orderbook-to-fleet (OB/F) ratio of 16.3%, more than double that of VLCCs.The group, formed after last year's Euronav-Compagnie Maritime Belge takeover, ack

Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, been selected to supply its Polar Class lifeboats and davits package for the first fleet of ships in the Canadian Coast Guard’s Multi-Purpose Vessel (MPV) renewal program.The contract covers the delivery of equipment for the first six of up to 16 vessels.The collaboration further extends Palfinger Marine’s long-standing partnership with Seaspan and the Canadian Coast Guard (CCG).

Altera Infrastructure has entered into an agreement to sell all its membership interests in Altera Shuttle Tankers (AST) to Maistros Shiptrade, a company affiliated with the Angelicoussis Group.Altera Shuttle Tankers, a shuttle tanker provider, owns and operates 18 shuttle tankers in Brazil, Canada and the North Sea.The Angelicoussis Group is one of the world’s largest privately owned shipping groups, currently with 144 vessels on the water and 23 vessels, including three shuttle tankers…

Norwegian company Akastor has signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into on an ‘as is’ basis and includes all of Mitsui’s interests in AKOFS Offshore, which cover both equity and shareholder loans.As part of the transaction, Akastor also assumes Mitsui’s exposure under the guarantee structure related to the financing of AKOFS Santos.Following completion of the transaction…

Singapore-based shipbuilder Strategic Marine has secured an order for a next-generation crew transfer vessel (CTV) from OEG Renewables, part of the OEG Energy Group, destined to operate in Taiwan.The vessel, named Wey Feng, will be the fourth StratCat 27 that Strategic Marine is building for OEG Group.The Wey Feng is a BMT-designed, 27-meter aluminum catamaran powered by dual Caterpillar C32 1450 hp marine engines. Boasting a fuel capacity of 35,000 litres and seating for up to 24 technicians…

Orsted CEO assures Sweden that the offshore wind industry has solutions that would address defense concerns. At issue: Sweden's rejection of a proposed 13 offshore wind farms in the Baltic Sea.Swedish Defense Minister Pal Jonson said on Monday that building wind farms in the Baltic Sea would pose defense risks, by making it harder to detect and shoot down missiles. As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, concerns have also…

The Philippines will acquire 40 fast patrol craft for its coast guard to boost its maritime security, the economic planning agency said on Tuesday.The purchase, to be funded by official development assistance from the French government, was approved by the National Economic and Development Authority Board, chaired by President Ferdinand Marcos Jr.(Reuters - Reporting by Mikhail Flores and Karen Lema; Editing by Martin Petty)

Orsted's CEO said that there are solutions to Swedish defense concerns in the offshore wind industry. This was after Sweden refused applications for 13 offshore wind farms on Baltic Sea.Swedish Defence Minister Pal Jonson stated on Monday that the construction of wind farms along the Baltic Sea could pose a threat to national security, as it would make it more difficult to detect and intercept missiles.While Europe is turning to renewable energy sources to diversify its energy supply away from Russian oil…

As global offshore markets evolve to create a more sustainable future, rising up to meet these challenges is Sweden-based Northern Offshore Services. Offshore engineers won’t be the only beneficiary – but they might be the most important. In August, Northern Offshore Services (N-O-S) unveiled its unique I-Class Crew Transfer Vessel (CTV), powered by the first commercial application of Volvo Penta’s IPS Professional Platform. In the cutting-edge IMPRESSER, N-O-S designed a flexible…

Orkney-based marine services firm Green Marine UK has expanded its environmental monitoring offering for offshore wind to deliver ‘full-scope’ projects following a surge in contracts with Scotland's Marine Directorate.This follows 18-months of continuous work, largely involving the collection of PAM (Passive Acoustic Monitoring) devices. Operations have lasted up to 20-days retrieving circa 40 devices over distances approaching 250 nautical miles.PAM incorporates underwater microphones (hydrophones) to effectively monitor and record migratory fish, marine animals and the environment.

Danish firm Cadeler has signed firm contracts, valued up to $415 million, for the transport and installation of turbines and foundations for East Anglia TWO offshore wind farm, being developed by ScottishPower Renewables, part of Iberdrola Group.The contracts, valued between $390 million and $415 million, are for the transportation and installation of 64 turbines, each rated at 15 MW, along with their foundations.The offshore works are set to commence in 2027 and will see the use of one of Cadeler’s newbuild A-class vessels…

Dominion Energy has installed 78 monopile and four offshore substation foundations for as part of the first offshore construction campaign for the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project.CVOW, the largest offshore wind project under construction in the United States, will consist of 176 turbines that will generate enough clean, renewable energy to power up to 660,000 homes and is expected to generate fuel savings of $3 billion for customers during the first 10 years of operation.With the completed first installation campaign…

Norwegian offshore supply vessel company DOF Group has concluded the acquisition of Denmark-based Maersk Supply Service, which will be renamed to DOF Denmark.The combined company is expected to become one of the leading offshore service provider with comprehensive scale and a wide range of services across all continents in the offshore energy industries.The deal will see DOF's fleet grow to 78 modern offshore/subsea vessels, including 65 owned, with the addition of Maersk Supply Service's 22 vessels…

Avance Gas has delivered the first very large gas carrier (VLGC) to BW LPG, marking the start of deliveries of total 12 vessels as part of $1.05 billion agreement signed earlier in 2024.Avance Gas concluded sale and delivery of the first VLGC, the 2015-built non-scrubber ship Chinook, to BW LPG on November 1, 2024.As part of the transaction, 1.35 million shares in BW LPG have been issued to Avance Gas corresponding to approximately 1% ownership share.The vessel is currently on…

GTT has signed technical services contract with Maran Tankers, the oil tanker shipping arm of the Angelicoussis Group, for their upcoming eight LNG dual-fuel Suezmax vessels.The vessels have been ordered in 2023 at New Times Shipyard in China.Although the future Suezmax vessels will not be equipped with GTT systems, Maran Tankers has chosen to collaborate with GTT due to its experience for ensuring performance and safety of LNG dual-fuel vessels.The contract involves GTT providing…

The European Space Agency (ESA) has launched a new project DECARDIS, in partnership with Awake.AI, ABB and Wallenius Marine, to collaborate on a port call optimization solution, which focuses on helping ships cut greenhouse gas emissions by overcoming inefficiencies in the ship-port interaction.Under DECARDIS, short for Decarbonization through the Digitalization in Shipping, the project consortium will work together to develop a sea voyage and port call optimization solution.The…

A.P. Moller-Maersk expects strong demand for shipping goods around the globe to continue in the coming months, though does not expect to resume sailing through the Suez Canal until "well into 2025".Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged re-routing of shipments pushing freight rates higher and causing congestion in Asian and European ports."There are no signs of de-escalation and it is not safe for our vessels or personnel to go there ...

McDermott's heavy-lift and rigid pipelay vessel, the Derrick Lay Vessel 2000 (DLV2000), has been awarded the SUSTAIN-1 classification from the American Bureau of Shipping (ABS).This marks the first time a marine construction vessel in its class has achieved this sustainability certification.The SUSTAIN-1 classification recognizes the DLV2000 for its environmental performance, including energy efficiency, waste management, emissions reduction, and coastal ecosystem preservation."This…

Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble is: it could take up to 80% of the electricity generated by the turbine to do it.So, as Maersk Supply Service said a few years back: In a field of 100 turbines with 4-5 mooring lines each, there is going to be a lot of subsea “spaghetti.” It’s not a problem unique to the industry…

Dutch company KOTUG International has secured a contract from BP to provide marine services to the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.KOTUG International and its local Senegalese partner Maritalia have been awarded   a long-term fixed-term contract, with extension options, to provide marine services to one of Africa’s deepest subsea development.KOTUG will deploy four RAstar 32m azimuthing stern drive (ASD), IMO Tier-III compliant tugboats to support the offshore Hub Terminal…

Kongsberg Maritime delivered its 1,000th ship design - the IWS Seawalker, a windfarm service operation vessel (CSOV) and one of six ‘Skywalker Class’ UT5519 DE for IWS Fleet.In a naming ceremony in the port of Hanstholm, Denmark, the IWS Seawalker, becomes the third Skywalker Class vessel to be delivered, and is due to be deployed in the North Sea in the coming weeks.The early 1970s, at the dawn of the offshore oil and gas industry, saw the very first vessels, designed specifically for the harsh operating conditions of the North Sea…

Petrobras has achieved first oil with the Floating Production Storage and Offloading (FPSO) unit Marechal Duque de Caxias, one of the largest ultra-deepwater FPSOs in the world, installed at the Mero field in Santos Basin, offshore Brazil.The FPSO has the capacity to produce up to 180,000 barrels of oil per day and compress up to 12 million cubic meters of gas daily. It will increase Mero’s installed production capacity from 410,000 to 590,000 barrels of oil per day.The unit is part of Mero’s fourth production system and was chartered from MISC.

Danish shipping group A.P. Moller - Maersk has entered into a long-term bio-methanol offtake agreement with LONGi Green Energy Technology for its dual-fuel methanol vessels.The agreement will contribute to lowering GHG emissions from Maersk’s growing fleet of dual-fuel methanol container vessels. LONGi will deliver bio-methanol produced at a facility in Xu Chang, Central China.With the addition of the LONGi volumes, Maersk is making progress in securing enough methanol for its owned dual-fuel methanol fleet of which seven vessels are already in operation.

A Biden administration auction of offshore wind development rights in the Gulf of Maine drew $21.9 million in high bids for half of the eight areas offered, the U.S. Bureau of Ocean Energy Management said on Tuesday.Offshore wind developers Avangrid AGR.N and Invenergy each walked away with two leases following one round of bidding. They were among 14 companies that had been qualified to bid at the sale.Once developed, the lease areas have the potential to power more than 2.3 million homes…

American Bureau of Shipping (ABS) has released its latest report into the potential of advanced nuclear technology for maritime applications, concluding the technology installed on LNG carrier would enable faster transit speeds with zero-emission operations.ABS conducted a study of a small modular reactor on a standard liquefied natural gas (LNG) carrier.The transformational impact of a high-temperature, gas-cooled reactor (HTGR) on the design, operation and emissions of a 145…

Patriot Offshore Maritime Services NY, a subsidiary of Lake Success, N.Y. based Liberty Green Logistics, announced it has been awarded a 10-year contract to provide crew transfer vessel (CTV) services for Empire Offshore Wind LLC.Patriot Offshore's new CTV will service Equinor’s New York offshore wind farm during the construction and O&M phases of the project. The Jones Act qualified CTV will be constructed in a U.S. shipyard and will commence operations in 2026.The 29.5-meter newbuild CTV will be Patriot Offshore's second…

Reverse proxy phishing, a more sophisticated version of classic phishing cyberattack, could significantly impact maritime sectors operations, from the disruption of shipping logistics to the manipulation of sensitive communication systems, resulting in delays, loss of reputation, and costly recoveries.According to the report from Marlink’s Security Operations Center (SOC) on cyber security threats, a significant portion of the threats neutralized by the SOC have continued to follow the most common attack vector seen since 2022: phishing.However…

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a five-year agreement with an agriculture, forestry and roadbuilding equipment manufacturer to provide its shipping and logistics services.The agreement with an unnamed Wallenius Wilhelmsen’s client is valued at approximately $766 million in total, based on expected volumes over the five-year period.Rates are in line with current market levels and the agreement includes a partnership on decarbonization…

Technology group Wärtsilä has signed a five-year lifecycle agreement covering seven 174,000 m3 LNG Carrier vessels operated by Capital Gas Ship Management.The agreement with Wärtsilä will help Capital Gas to optimize the operations and maintenance of these seven vessels more effectively through 24/7 expert remote support and guidance for troubleshooting and maintenance using specialist diagnostic tools.It will allow Wärtsilä experts to directly monitor the vessels’ systems and…

Norwegian offshore vessel owner Solstad Offshore has secured multiple contract awards with clients in Brazil for two of its anchor handling tug supply (AHTS) vessels and one construction support vessel (CSV).Solstad’s Normand Topazio and Normand Turmalina AHTS vessels have been awarded one-year contracts each, starting in October and November 2024, respectively. Both awards are in direct continuation of current contracts.Also, Normand Cutter CSV has been awarded a 9-month contract…

Van Oord has installed over a quarter of the foundations which will support Sofia offshore wind farm’s 100 wind turbines in the North Sea since the start of operations in May.The Dutch contractor Van Oord is using the Port of Tyne’s Clean Energy Park as a storage and marshalling base, benefitting from direct access to its deep-water quay and connection to the North Sea.The port has been welcoming the tallest offshore installation vessel in its history, the Aeolus. Purpose-built to construct offshore wind farms…

GE Vernova will remove some turbine blades installed at the Vineyard Wind offshore wind farm off the coast of Massachusetts following quality checks prompted by the failure of a blade in July, the company said on Wednesday.Progress on the still-unfinished project is being closely watched since it was barred from producing power or completing construction after a turbine blade broke and sent debris into the water that washed up on nearby beaches during the peak summer tourist season.The blade saga has been a blow to the nation's budding offshore wind industry…

The U.S. Bureau of Ocean Energy Management (BOEM) has finalized an extensive environmental review concerning wind development activities across six lease areas in the New York Bight, covering more than 488,000 acres off the coasts of New York and New Jersey. This initiative is projected to yield up to 7 gigawatts (GW) of offshore wind energy—enough to supply power to approximately two million households.BOEM Director Elizabeth Klein emphasized the importance of stakeholder engagement, stating, "We have gathered input from Tribes, government agencies, local communities, and ocean users.

The OSV sector has concluded its second quarter earnings season, marking another quarter with strong profitability and favorable market conditions. However, negative oil market sentiment, with the Brent price down by 19% since the start of July, has impacted the overall oil services market with the wider PHLX Oil Service Index trading down 4% year-to-date. The OSV sector has returned 5% year-to-date at the time of writing, led by DOF’s 57% performance.Image courtesy Fearnley SecuritiesDayrates Continued to RiseTidewater was the first out of the blocks this earnings season…

Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has secured work for two of its anchor handling tug supply (AHTS) vessels with an international oil company offshore Australia.DDW Offshore has secured two one-year contracts, each with a further 24-month priced option structure, for its Skandi Peregrino and Skandi Atlantic AHTS vessels.The vessels will provide anchor handling and towage services in Australia for an unnamed oil company, starting on January 1…

Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG producer, Novatek, a draft project document showed on Tuesday.Novatek has been pressing ahead with its new Arctic LNG 2 project despite Western sanctions restricting access to the tankers it needs to carry LNG along the Northern Sea Route to Asian markets.

Norwegian offshore vessel operator DOF Group has secured a multi-million dollar contract with international oil company for the platform supply vessel (PSV) Skandi Feisten.The vessel will continue with the current client on a new 18-months firm contract with a further 18-months extension option.The start of the contract will be in direct continuation from the existing contract with an undisclosed client, and according to DOF, it will maintain its presence in Australia.Although the company did not reveal the exact value of the contract…

GTT, the technology expert in membrane containment systems for the transport and storage of liquefied gases, has signed a service contract with Coral FLNG for Eni-operated Coral Sul FLNG unit.Under the agreement, GTT will provide technical support services to ensure the efficient operation and maintenance of the LNG storage tanks on board of the Coral Sul FLNG.These services include on-site and remote technical assistance, on-site testing, inspection, emergency assistance, engineering…

Kongsberg Maritime has secured $73.3 million contract from Fujian Mawei Shipbuilding in China to supply range of equipment for a new fleet of 10 platform supply vessels (PSVs) being built for Greek shipowner Capital Offshore.Under the contract, Kongsberg Maritime will supply all propulsion, automation, and energy systems for the 95-metre vessels of MMC 897 CD design.The Kongsberg Maritime electrical system on these vessels will enable optimal operation through the Energy Storage System (ESS).

The Maritime and Port Authority of Singapore (MPA) has reported a fire on a Malta-flagged tanker Med Atlantic in the East Johor Straits.The vessel is currently anchored and there is no disruption to vessel traffic in the area, MPA said, adding that all 22 crew had disembarked the vessel and were safe with no injuries.According to the alert MPA received, the fire started an engine room onboard the vessel. An MPA patrol craft, two Police Coast Guard craft, three Singapore Civil Defence Force (SCDF) marine firefighting and rescue vessels…

During the first half of the year, Marlink’s Security Operations Center actively monitored more than 1800 vessels across the maritime industry, including cargo ships, cruise liners, research vessels, superyachts, tankers, and offshore support vessels.The monitoring process involved continuous surveillance and analysis of various cyber activities across these assets to ensure the security and integrity of critical maritime operations.In its latest "SOC Report", Marlink reports that e-mail remains a primary vector for cyber attacks, particularly through phishing and malware distribution.

With clean energy projects maturing in U.S. waters, the nation’s offshore wind industry is poised to grow substantially, requiring a robust industrial base. A feedering model using domestic tugs and barges to transport turbines to offshore wind sites, is positioned at the heart of this emerging growth.Currently, the entire global fleet of wind turbine installation vessels (WTIV)—except for Dominion Energy’s Charybdis currently under construction at the Seatrium AmFELS yard in Brownsville, Texas—is flagged, owned and operated outside of the U.S.

Britain has imposed sanctions on 18 further Russian oil tankers and four liquefied natural gas vessels, the largest batch of sanctions to date against the country's so-called "shadow fleet," the government said on Thursday.Britain says the 'shadow fleet' uses illicit practices to avoid Western restrictions on Russian oil.The government said it was working with maritime authorities to demand that Russian vessels with suspected dubious insurance provide details of their insurance status as they pass through the English Channel."Any actor that facilitates and supports Russia's malign activities c

Russia has begun designing nuclear-powered submarines to export liquefied natural gas (LNG) from the Arctic to Asia to try to nearly halve the journey time along the Northern Sea Route (NSR), a senior state official has said.Russia already uses nuclear-powered ice breakers to pave the way for such transport via the NSR, which runs along Russia's Arctic shores from Murmansk in the west to the Bering Strait in the east, a route Moscow sees as a faster alternative to the Suez Canal and has plans to develop.But Russia is suffering from a shortage of vessels able to battle thick Arctic ice…

Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to report full-year production in the top end of the forecast range of 84 -90 million barrels of oil equivalent (mmboe), with 65.6 mmboe achieved year-to-date.The Adelaide-based company said its drilling program for the Pikka phase one project in Alaska's North Slope is progressing well and could start oil production as early as December 2025.

Houston-based offshore engineering firm Friede & Goldman (F&G) announced it has completed model testing for its BargeRack offshore wind feeder solution at the MARIN maritime research institute in the Netherlands, bringing F&G closer to commercializing the technology.The BargeRack, a modular solution that enables wind turbine installation vessels (WTIV) to lift feeder barges for lifting offshore wind compoenents in compliance with the U.S. Jones Act, underwent rigorous testing in wave heights up to 2.5 meters.

UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design, will precede the decade-long minimum charter contract the firm signed in February to provide a service operation vessel (SOV) for the German energy utility firm’s He Dreiht wind farm in the North Sea.Tailored for the commissioning phase…

Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) on Monday announced it has signed a new three-year contract with bp for field development, and inspection, maintenance and repair (IMR) work.The contract, which has options for two one-year extensions, is for the provision of two subsea construction vessels, C-Constructor and Holiday, and access to a fleet of specialized subsea and supply vessels. It also includes project management, engineering, equipment, logistics and port services.

Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India, effective January 1, 2025.Vos has been part of the Fugro family since 2016, when she joined as General Counsel and Chief Compliance Officer. Prior to joining Fugro, Vos worked in private practice for 11 years at De Brauw Blackstone Westbroek, a tier-one law firm in the Netherlands, in their M&A and corporate litigation practice groups. Vos holds a Master of Law degree from Leiden…

The Biden administration on Friday announced the creation of the Chumash Heritage National Marine Sanctuary along California's central coast, a victory for the Chumash tribe that pursued the designation for a decade.The newly formed sanctuary is part of U.S. President Joe Biden's goal to protect 30% of U.S. lands and waters by 2030.The sanctuary excludes areas where transmission cables and other infrastructure to support planned offshore wind facilities could be installed, the National Oceanic and Atmospheric Administration (NOAA) said in a statement.

South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0.67 per share represents a 35.4% premium to Dyna-Mac's last traded price on Sept. 10, before Hanwha's earlier offer of S$0.60 per share was disclosed.Shares of Dyna-Mac last closed at S$0.65, having climbed 94% year-to-date, LSEG data showed.Hanwha…

Esgian highlights that operators in Norway are preparing new wells for Odfjell Drilling, COSL and Saipem semisubs in its Week 41 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling has secured new contracts for its 350-ft jackups Shelf Drilling Achiever and Adriatic I offshore Nigeria.Drilling Activity and DiscoveriesThe Norwegian Environment Agency (Miljødirektoratet) has received an application from Aker BP for permission under the Pollution Act to drill the delineation well 25/1-14 Omega Alfa in the North Sea…

Green hydrogen producer Lhyfe and low-carbon molecules specialist Elyse Energy have set out plans to jointly develop the production of e-methanol from green hydrogen at Nantes Saint-Nazaire Port area in France.The project, known as Green Coast, will be developed the heart of the Loire estuary’s industrial and logistics port ecosystem, to produce e-methanol – one of the key fuels for the decarbonization of maritime transport industry.In late 2023, Nantes Saint-Nazaire Port selected Lhyfe to set up an industrial production and distribution operation for green hydrogen.At the time…

TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity.This additional vessel might be deployed in Oman, where the company is developing the Marsa LNG project with the objective to provide LNG to the shipping sector in the Gulf.The vessel, owned by Ibaizabal, will supply LNG to a wide range of vessels (containerships, tankers, large cruise ships, ferries) at TotalEnergies’ LNG bunkering hubs.This new vessel…

ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation.The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture, and its emergence as a high bidder on 69 blocks in the shallow waters of the U.S.

North Star has launched a partnership which includes MO4, Principle Power, SMST, Vard, and Voith Group to fast-track the development of high-performance operations and maintenance ships tailored for floating offshore wind farms.The companies have signed a memorandum of understanding (MoU) to establish a dedicated working group of industry experts to help fast-track the design and testing of a new service operations vessel (SOV) concept.Together, the six organizations have committed to developing a detailed…

“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.ExxonMobil first started producing from the Liza field in the Starbroek Block in late 2019. Since then, the operation in the Liza field has been expanded and production in the Payara field added.

Denmark will postpone the rollout of a green hydrogen transmission pipeline between western Denmark and northern Germany by three years to 2031 from 2028, the country's energy ministry said on Tuesday.Denmark has worked with transmission system operator Energinet to make the timeline more reliable and to limit delays, Energy Minister Lars Aagaard said in a statement."This is to ensure interaction between the large amounts of green power from the offshore wind supply, the production of green hydrogen and German demand," Aagaard said.Work on the transnational pipeline is ongoing in cooperation w

ICTSI has officially opened its East Java Multipurpose Terminal (EJMT) in Lamongan Regency, Indonesia.The terminal has a 300-meter quay line, deep water draft of 13.5 meters (LAT), a 500-meter swinging basin and handling equipment for bulk, project and containerized cargo. It also has two of the largest post-Panamax mobile harbor cranes in East Java.Situated in Lamongan Regency 60 kilometers west of Surabaya City, the multipurpose facility sits within the 80-hectare Lamongan Shorebase complex…

Woodside has completed the acquisition of Tellurian Inc. and its US Gulf Coast Driftwood LNG development opportunity.Woodside has acquired all issued and outstanding Tellurian common stock for approximately $1.00 per share to bring the value of the transaction to approximately $1,200 million.Woodside has also renamed the Driftwood LNG development opportunity Woodside Louisiana LNG.Woodside Louisiana LNG is an under-construction, pre-final investment decision (FID), LNG production and export terminal in Calcasieu Parish, Louisiana.

Amidst sensational headlines and questionable policy decisions from Washington, D.C., the U.S. offshore energy sector stands resilient. This vital industry not only powers our nation with reliable energy but also enables hundreds of thousands of jobs across all 50 states and strengthens national security. From the Gulf of Mexico to the burgeoning offshore wind farms along the East Coast, the resilience and innovation of this sector are critical to driving economic growth and ensuring our nation’s energy security.The Gulf of Mexico has long been a cornerstone of U.S.

Eni has signed a charter agreement for the LNG bunker vessel Avenir Aspiration with Avenir LNG to support an expand in activities in LNG bunkering market.The bunker vessel will supply LNG for cargo and passenger ships, which are increasingly being powered by LNG due to its lower environmental footprint compared to conventional fuels and its full compliance with the most recent standards in terms of emissions.This agreement further expands Eni’s activities in the small-scale LNG bunkering market in the Mediterranean Sea…

Danish shipowner CBED has secured a one-year contract extension with Hughes Subsea, an OEG Renewables company, for its Wind Evolution commissioning service operation vessel (CSOV).Only six months into the Wind Evolution’s first contract with Hughes Subsea, the charter has now been extended one year and will run until January 2026.Earlier this year, CBED announced the first project for the newly acquired CSOV, Wind Evolution, with Hughes Subsea.Since then, Wind Evolution has been assigned to the offshore wind farm, Dogger Bank in U.K.

VINCI Energies has expanded its industrial activities into a new market segment in the Netherlands with the acquisition of RH Marine and Bakker Sliedrecht, a group of two companies specializing in the maritime sector.By joining VINCI Energies’ network of companies, RH Marine and Bakker Sliedrecht are helping to enhance the division’s offering in the industrial services market and strengthen its presence in the Netherlands.Founded in 1860, RH Marine is a system integrator that…