Vessels News

Vard has delivered a new cable laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore less than two years after the contract was signed.The newly delivered vessel, based on the VARD 9 01 design, has been specially designed and equipped for subsea cable laying operations.In less than 18 months since the first steel was cut, the vessel has been assembled, outfitted, commissioned, and is ready to commence her maiden voyage towards Denmark where she will be further fitted and tested…

Belgium-based offshore installation contractor Jan De Nul, in partnership with Greek cable maker Hellenic Cables, has entered into a framework agreement to supply and install export cables for two 750 MW floating wind farms off the coast of Southern Brittany in France.The agreement was signed with France's transmission system operator RTE, which is developing an offshore power grid to connect future wind farms.Jan De Nul will install the cables that transport the renewable energy…

KENC Engineering has secured multiple contract awards from an unnamed transport and installation (T&I) contractor to provide engineering work for a jack-up vessel set for operations at U.K. offshore wind farm.KENC’s scope of work includes the design and engineering of a hose reel platform that houses the HPU (hydraulic power unit), a hose saddle, a control cabin work frame and a gangway platform. The challenge was to come up with custommade solutions that were light, stable and strong to fit the deck requirements of the jack-up vessel.Engineering is already well underway…

Kongsberg Maritime has secured a contract with Golar LNG, valued over $25 million, to provide an integrated package of electrical, control, safety and propulsion systems for the Golar MK II floating liquified natural gas (FLNG) vessel.Konsberg’s equipment will form key part of the new onboard systems for a major rebuild project in which Golar’s LNG tanker Fuji LNG, will be lengthened by nearly 100 meters and converted to a FLNG vessel.The work is being carried out at the CIMC Raffles shipyard in Yantai…

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16, following the completion of the construction at COSCO Shipping’s shipyard and the delivery to leasing partners SBM Offshore and Petrobras.The FPSO can produce 180,000 barrels of oil per day and compresses 12 million cubic meters of gas daily.The unit is expected to start operations in 2025…

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…

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2.38 million barrels of crude oil, with a daily crude oil production capacity of 190,000 barrels.Developed to accommodate topsides for crude oil and or gas production facilities, the hull is designed…

Brunvoll won another contract with Myklebust Shipyard for the delivery of a comprehensive thruster package, an additional vessel for REM Offshore, the option originally announced in May 2024. Like the previous contract, this agreement also includes an option for a third additional vessel.Brunvoll’s thruster package consists of two propulsion azimuth thrusters, two retractable azimuth thrusters, and a tunnel thruster. This configuration is the same as the previous vessel announced in May, except that this vessel with be equipped with a slightly larger tunnel thruster.

The hull of the first TWIN X-STERN Commissioning Service Operation Vessel (CSOV) for BS Offshore arrived Ulstein Verft on 18 December 2024. This milestone marks the start-up of the outfitting for Yard Number 320 at Ulstein Verft.Ulstein Verft welcomed BS Offshore back at the shipyard. This will be their first ULSTEIN SX222 CSOV. The hull arrival marks a significant milestone in constructing this state-of-the-art vessel, designed to support the growing offshore wind industry. The SX222 design…

Damen Shipyards Group has delivered a Shoalbuster (SBu) 3209 to Caspian Offshore Construction, which will be put to work in support of dredging projects in the Persian Gulf.The vessel, named Caspian Lotus, joins the company’s fleet of over 50 vessels and barges.It features shallow draught of just 3.3 metres, 80 m2 of deck space, ample crane capacity and powerful propulsion.Caspian Offshore Construction is a long-term client of Damen. The company took delivery of its first Damen vessel – a Fast Crew Supplier (FCS) 1605 back in 2006.Since…

With four commissioning service operation vessels (CSOVs) currently under construction, German shipowner Windward Offshore has formed strategic partnerships with major industry suppliers such as Ampelmann, MAN Energy Solutions, and others, to ensure safe and high-quality delivery of the vessels.The CSOVS, two being built in Norway and two in Vietnam, are part of the contracts Windward Offshore signed with Vard for the design and construction of two hybrid CSOVs, which was later expanded to four vessels.The first vessel is scheduled for delivery in the second half of 2025…

Golar LNG has decided to call off the floating liquefied natural gas (FLNG) vessel conversion job with Seatrium, following the sale of a Moss type liquefied natural gas (LNG) carrier Golar Gandria for demolition.The first two floating liquefaction vessels delivered by Seatrium to Golar LNG are Hilli Episeyo deployed in the Kribi gas field located offshore Cameroon, and Golar Gimi FLNG deployed in the Greater Tortue Ahmeyim field located offshore Mauritania and Senegal.Following Golar LNG’s sale of the 1977-built Golar Gandria for demolition in 2023…

Geoquip Marine, a Njord Partners portfolio company, has added a seventh vessel to their fleet, which is being converted from a platform supply vessel (PSV) to the geotechnical services platform for the offshore energy sector.The Geoquip Silvretta vessel, originally built as PSV by Green Yard Kleven (Green Yard), is being converted in Norway.The conversion, scheduled for completion in spring 2025, will include the installation of Geoquip's largest drilling rig, the GMTR150.The rig will ensure a low carbon footprint…

Japan-based Penta-Ocean Construction has signed a shipbuilding contract with PaxOcean Group for the construction of a self-propelled large-scale cable laying vessel (CLV), expanding its capabilities from offshore wind turbine construction to power cable laying for the industry.The new CLV will be self-propelled, mounted with two 5,000 t cable carousels (a total of 10,000 t) also known as cable storage, enabling safe and efficient cable laying in the open sea with severe metocean conditions.Equipped with a latest trencher (for burying cables) and work class ROV…

Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations.CMM was ranked first in Petrobras’ tender for six state-of-the-art, hybrid large multipurpose 5,000 DWT PSVs with oil spill recovery capacity, positing the company to secure a firm 12-year charter contracts with Petrobras…

Texas-based exploration and production company Beacon Offshore Energy has awarded a contract to Subsea7 for the work on Monument development in the U.S. Gulf of Mexico.The project involves the installation of a high-pressure 27-kilometre subsea tieback to the Shenandoah Floating Production System (FPS), located in Walker Ridge Block 316 at water depths reaching up to 2,000 meters.Subsea7's scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment…

Dogger Bank Offshore Wind Farm, a joint venture partnership between SSE Renewables, Equinor, and Vårgrønn, has signed a vessel reservation agreement with Seaway7 to support the construction of the offshore wind farm being built in the U.K. North Sea.The contract represents additional work for Seaway7 at the Dogger Bank offshore wind development, where it is currently installing monopile foundations and transition pieces.The value of the agreement is between $150 million and $300 million…

RightShip, an ESG-focused digital maritime platform, has released a revised timeline for implementing its vessel inspection age trigger, reducing the inspection threshold from 14 to 10 years through a four-phased approach.The update has been introduced after extensive industry engagement, following the initial announcement of the inspection age trigger in October 2024.Constructive dialogue with RightShip’s customers and respected industry associations - including INTERCARGO, the International Chamber of Shipping (ICS)…

Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey (SPS) and in direct continuation of the current contract period.The option period has a total value of about $300 million and means that the vessel will perform light well intervention services (LWI) for Equinor up to late fourth quarter of 2028.Classified as well intervention unit in compliance with the IMO-MODU code…

Norwegian shipbuilder Vard has delivered IT Infinity vessel to I.T. International Telecom Marine (IT), after completing its conversion from Platform Supply Vessel (PSV) to specialized Cable Laying Vessel (CLV).Built at Vard Brattvaag and delivered to Volstad Maritime in 2008 as the Volstad Princess, the vessel has changed ownership several times.SD Standard Drilling acquired the ship in 2017, before it was sold to IT in 2021 and renamed IT Infinity.In 2024, the vessel returned to VARD for an extensive conversion…

Marine geosciences and offshore construction support services firm Next Geosolutions has acquired a multi-purpose survey vessel (MPSV) from Beitveit Holding for $7.1 million.The vessel, Sea Admiral, will be renamed NG EXPLORER, and will be used for geophysical, geotechnical, environmental and UXO surveys.The NG EXPLORER, with a length of 58 meters and a width of 14 meters, is an MPSV built in 2010 and equipped with a Dynamic Positioning Class II (DP2) system and diesel-electric…

Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14, 2025.To remind, Petrofac already extended the contract for Skandi Emerald AHTS in January 2024, following the original one-year contract the companies signed in September 2022.Skandi Emerald AHTS Set for Petrofac’s Northern Endeavour FPSO JobAt the time…

FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer.The M/V Pioneer, built in 2011, is a DNV classed vessel fully SPS compliant, with an overall length of 82 meters and breadth of 20 meters and provides over 700 square meters of clear deck space.It is equipped with a 50-ton constant tension subsea crane…