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Monday, March 31, 2025
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27 Mar 2025

Kongsberg Maritime Launches Advanced Simulator for Maritime Training

(Credit: Kongsberg Maritime)

Kongsberg Maritime has launched the K-Sim Offshore DP3 Anchor Handling Simulator, designed for training for complex offshore operations.With an investment of over $322,000, the innovative training solution is designed to elevate competency standards, enhance operational efficiency, and promote sustainability across the sector.Additionally, it focuses on improving maritime safety by supporting our local customers and partners in ensuring safe operations and reducing risks in critical maritime activities.Situated at Kongsberg Maritime’s Aberdeen office in Westhill…

24 Mar 2025

ClassNK Names New Leadership Team

Hayato Suga, President and CEO, ClassNK  (Credit: ClassNK)

Japan-based classification society ClassNK has named Hayato Suga as its new president and CEO, and Fumihiko Higashi as its executive vice president.Effective March 21, 2025, Suga will move from his current senior vice president role, while Higashi will advance from the current corporate officer post.Former president and CEO Hiroaki Sakashita has been appointed as chairman of the board of directors, while the former chairman of Koichi Fujiwara has assumed the position of advisor to the society.“The business environment is changing rapidly…

20 Mar 2025

Ferguson Marine Appoints New CEO

Ferguson Marine announced the appointment of its new Chief Executive Officer, Graeme Thomson. Credit: Ferguson Marine

Scottish shipbuilder Ferguson Marine (Port Glasgow) has appointed a Graeme Thomson as its new Chief Executive Officer (CEO).Graeme will officially take up the position on May 1, 2025, following on from former interim CEO, John Petticrew.Graeme joins Ferguson Marine from international aerospace, defense and nuclear engineering services business, Babcock, where he has been Programme Director since 2019, overseeing the delivery of the Type 31 Royal Navy frigate program.Prior to joining Babcock…

11 Mar 2025

Petrobras Eyes Argentina, Colombia, Africa Projects

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Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.Gas from the Vaca Muerta region would be interesting to Petrobras as a pipeline connecting Argentina, Bolivia and Brazil could be used to transport it, Anjos said on the sidelines of the CERAWeek conference in Houston.She added the firm could also look for oil opportunities in Argentina, as…

11 Mar 2025

Petrobras Cleared to Clear Corals Off Drilling Vessel

Copyright Anaimd/AdobeStock

Petrobras obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, Reuters reports. Its February 10 request was granted on Monday for the vessel the state-run firm will send to drill off the coast of the northern Amapa state if it obtains a long-sought license to explore the environmentally sensitive region.Due to the corals being a potentially invasive species if moved to another biome…

19 Feb 2025

WFW Advises Eurazeo on Investment in Offshore Service Vessel Platform

Watson Farley & Williams (‘WFW’) advised Eurazeo, acting as lead investor via its Eurazeo Transition Infrastructure Fund, on a $73m investment in new offshore service vessel platform MPC OSE Offshore. The platform, a joint venture between MPC Capital and O.S. Energy, helps develop, build, and manage service support vessels for offshore wind farms. The consortium of investors comprised the European family office and others in addition to Eurazeo.A leading European investment group with $37bn AUM, Eurazeo supports 600+ mid-market companies across Europe, Asia, and the United States.MPC Capital is a global investment and asset manager with $5bn AUM specializing in transport…

14 Feb 2025

Subsea Global Solutions Appoints Eric Smith as CCO

Eric Smith (Credit: Subsea Global Solutions)

Subsea Global Solutions, an underwater maintenance and repair services specialist, has named Eric Smith as Chief Commercial Officer (CCO).With a career spanning leadership roles in maritime operations, commercial management, and strategic business development, Smith brings a wealth of industry expertise to the Subsea Global Solutions team.Prior to joining Subsea Global Solutions, Smith served as Director of Shared Resources at Resolve Marine, overseeing worldwide assets, vessels…

29 Jan 2025

Hal Jones Contractor Orders New Spud Barge

Image courtesy St. Johns Ship Building

St. Johns Ship Building, owned by Americraft Marine, signed a contract with Hal Jones Contractor, a Division of Vecellio & Grogan, Inc., to build a 150 x 60 x 8-ft. Spud Barge. The Spud Barges, built to support various marine construction and operations, will serve in Hal Jones Contractor’s fleet.

29 Jan 2025

ADNOC Opts for Seagliders for Offshore Energy Crew Transportation

ADNOC Logistics and Services (ADNOC L&S), part of the Abu Dhabi National Oil Company (ADNOC), has partnered with an Abu Dhabi seaglider operator to introduce REGENT seagliders into its fleet for offshore energy logistics services.The seagliders will provide high-speed, zero-emission transport of passengers to and from offshore energy infrastructure.Seaglider technology represents an innovative solution to increase efficiency in maritime transportation and advance the energy transition.ADNOC…

24 Jan 2025

Baker Hughes: US oil & gas rig count at lowest since Dec 2021

(c) LukasZ / Adobestock

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by four to 576 in the week to Jan. 24. RIG-USA-BHI, RIG-OL-USA-BHI, RIG-GS-USA-BHIBaker Hughes said this week's decline puts the total rig count down 45, or 7% below this time last year.Baker Hughes said oil rigs fell by six to 472 this week…

22 Jan 2025

RODA responds to Trump EO on Offshore Wind & Permitting

(c) Bonnie Brady / RODA

The Responsible Offshore Development Alliance (RODA) extends gratitude to President Trump for his decision to temporarily withdraw all areas on the Outer Continental Shelf (OCS) from consideration for new or renewed wind energy leasing.This important move recognizes the vital role our communities, industries, and ecosystems play in the broader national interest. The decision is a much-needed pause that allows us to reassess the future of offshore wind development and its potential…

21 Jan 2025

OMSA's Aaron Smith Reflects on Offshore Wind Development Pause

Aaron Smith (c) OMSA

The Offshore Marine Service Association (OMSA) views President Trump’s Presidential Memorandum to pause offshore wind development projects as a critical opportunity to reassess the industry’s direction.While offshore wind offers tremendous potential for economic growth and job creation in the U.S., OMSA agrees that over-reliance on foreign renewable energy companies, foreign vessels, and foreign mariners to build American offshore wind farms undermines these benefits and is deeply problematic.“The offshore oil industry was born in South Louisiana…

20 Jan 2025

NOIA Ready to Drive Offshore Energy with Trump Administration

(c) Thitiyakorn Adobestock

National Ocean Industries Association President Erik Milito issued the following statement regarding the inauguration of President Donald Trump:"American offshore energy stands as a cornerstone of our nation's greatness. We are committed to working alongside the new administration and Congress to advance all facets of American offshore energy. Our focus is clear: achieving American energy dominance, driving innovation, ensuring market stability, lowering energy costs for future generations…

20 Jan 2025

CMT Gets Joint Managing Director as Founder Heads for Retirement

(Credit: CM Technologies)

Germany-based maritime condition monitoring equipment supplier CM Technologies (CMT) has appointed David Fuhlbruegge and Jens Uwe Krueger as joint Managing Director.The appointments, effective immediately, come as the company's current Managing Director and founder, Matthias Winkler, begins the transition to semi-retirement after leading the company since its formation in 2003.David and Uwe have been with CMT for 20 and 10 years respectively. David joined CMT as technical sales in 2003 before becoming the company’s Operations Director…

17 Jan 2025

Oil set for fourth week of gains on US sanctions

(c) plumbum studio / Adobestock

Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.Brent crude futures were down 41 cents, or 0.5%, at $80.87 per barrel by 11:30 a.m. ET (1630 GMT), having gained 1.4% this week. U.S. West Texas Intermediate crude futures were down 89 cents, or 1.1%, at $77.81 a barrel, having climbed 1.6% for the week."Sanctions on Russia are causing tightness of supply in Europe…

16 Jan 2025

BP to slash over 5% of workforce

©Worakit/AdobeStock

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.Around 4,700 employees and 3,000 contractor positions will be cut this year, BP BP.L told Reuters. The cuts were announced in an internal memo seen by Reuters earlier on Thursday.BP shares were up 1% at 1200 GMT.Auchincloss last year said he would cut the British company's costs by at least $2 billion by…

15 Jan 2025

New Helicopter Ops Guide Released by ICS

Guide to Helicopter Operations (c) ICS

International Chamber of Shipping (ICS) Publications is proud to announce the release of the sixth edition of the ICS Guide to Helicopter/Ship Operations, an essential resource that has been setting the standard for safe and efficient helicopter/ship interactions for almost 50 years.Recognized as the go-to reference for shipping companies and crew, the Guide has been meticulously updated with input from leading experts in both the maritime and aviation sectors, including the Civil Aviation Authority…

15 Jan 2025

New US Energy Department Chief to Call for More LNG

© Mike Mareen / Adobe Stock

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.Wright, 59, believes fossil fuels are the key to ending world poverty, which is a greater problem than climate change's "distant" threat, according to a report he wrote as CEO of oilfield services company Liberty Energy LBRT.N.Wright supports some fossil fuel alternatives…

19 Dec 2024

Offshore Service Vessels: What’s in Store in 2025

Copyright Anna/AdobeStock

After what we would argue has been an incredibly eventful 2024 with massive deals, tremendous dayrate developments, further charterer backlog build, and the first series of newbuild orders in years, now comes the time when we turn our gaze towards 2025. What are some of the main trends we expect for next year, and how do we see the continuation of today's developments impact the year to come. Overall, we find continued strides for the better in the offshore support market although we foresee an industry that will not fire on all cylinders…

16 Jan 2025

OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

©HC FOTOSTUDIO/AdobeStock

You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on, it is likely that some of those edicts will be quickly reversed by the incoming President. Of course, much of this is likely irreversible. No where is that more apparent than Biden's order to withdraw 625 million acres of ocean from new offshore oil and gas development.U.S.

08 Jan 2025

AES Acquires CWind from Inspirit Capital

(c) AES Group

All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's mission to expand its footprint in the renewable energy sector and reinforces its commitment to driving the global transition to clean energy.Founded in 2010, CWind Ltd is known for delivering comprehensive support to the offshore wind industry, including crew transfer vessels, asset management, and turnkey engineering services.

18 Dec 2024

MHI Appoints New CEO

L to R: Seiji Izumisawa, Eisaku Ito (Credit: MHI)

Mitsubishi Heavy Industries (MHI) has made executive-level personnel changes, appointing Eisaku Ito as its new President and Chief Executive Officer (CEO).Ito, which currently serves as Chief Technology Officer (CTO) at MHI, will take on the new role on April 1, 2025.He succeeds Seiji Izumisawa, who will take on the role of Chairman of the Board after six years as MHI's top executive."The reforms enacted by Izumizawa have further advanced MHI Group's position as a global company.

14 Jan 2025

Feurtado named Manager – Marine Systems at TDI Brooks Int'l

Frank Feurtado (c) TDI Brooks

TDI Brooks announced the appointment of Frank Feurtado as Manager – Marine Systems.With an impressive career spanning over 25 years in the international maritime industry, Frank initially served as a Marine Electronics Technician before climbing the ranks to become a Captain. Since 2000, he has led marine operations across Europe, Asia, and the Americas, significantly contributing to the development and success of Offshore Oil & Gas divisions for two of the world’s leading Shipmanagement companies.In his new capacity at TDI Brooks…