Wärtsilä, Erik Thun Agree Overhaul Partnership for Fleet Support
Wärtsilä has signed a long-term overhaul agreement with Sweden’s Erik Thun Group, covering maintenance and technical support across its fleet.The agreement, developed with fleet management partner MF Shipping Group, includes overhaul services, field and technical services, workshop support and spare parts supply.The work is aimed at supporting the performance and lifespan of engines, propulsion systems and shaft line equipment across the fleet.Wärtsilä will provide maintenance and field services to reduce downtime…
DeepOcean to Install Inter-Array Cables at Taiwan’s Offshore Wind Farm
Ocean services provider DeepOcean has secured a contract to support installation of inter-array cables at the TPC offshore wind farm phase 2 (TPC-II) off Taiwan.The scope includes installation of cables connecting turbines to offshore substations, as well as engineering and project management services.DeepOcean will work with Dong Fang Offshore and use the subsea vessel Orient Adventurer, which has been upgraded with new remotely operated vehicles, an under-deck carousel and a cable lay system.“We look forward to working together with Dong Fang Offshore on this significant project.
Bourbon Expands Fleet with 13 Vessels Worth over $180M
Offshore services provider Bourbon has expanded its fleet with 13 vessels valued at more than $180 million since the start of 2026, as it seeks to strengthen its position in offshore markets, the company said.Ten of the vessels are already under contract, reflecting demand for offshore support vessels (OSVs), Bourbon said.The expansion includes the acquisition of six diesel-electric vessels from the Minsheng Group, comprising five platform supply vessels (PSV) and one 80-ton bollard pull anchor handling tug supply vessel (AHTS)…
Nam Cheong Sells Two Offshore Support Vessels for $37M
Malaysia-based offshore support vessel (OSV) provider Nam Cheong has sold two vessels for $36.7 million, including its first newbuild sale in more than a decade.The transactions include a newly built multi-purpose support vessel (MPSV) and a 120-tonne anchor handling tug supply (AHTS) vessel, which was 16 years old and divested following the completion of its charter contract in the first quarter of 2026.Both vessels were delivered in the second quarter of 2026 to a vessel operator…
Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz
Oil prices jumped on Wednesday with Brent trading above $100 a barrel, erasing earlier losses following reports of gunfire attacks on at least three container ships in the Strait of Hormuz.Brent crude futures LCOc1 were up $1.59, or 1.6%, at $100.07 a barrel at 0842 GMT. West Texas Intermediate futures CLc1 rose $1.51, or 1.7%, to $91.18. Both benchmark contracts rose about 3% on Tuesday.At least three container ships were hit by gunfire in the Strait of Hormuz on Wednesday, maritime…
Three Ships Fired Upon in Strait of Hormuz, Crews Unharmed
At least three container ships were hit by gunfire in the Strait of Hormuz on Wednesday, maritime security sources and the United Kingdom Maritime Trade Operations (UKMTO) said.Iran has imposed restrictions on ships using the strait, first in retaliation for the U.S.-Israeli bombardment of the country, and then in response to a U.S. blockade of Iranian ports.A Liberia-flagged container ship sustained damage to its bridge after being hit by gunfire and rocket-propelled grenades northeast of Oman.The UKMTO said the master of the vessel reported being approached by an IRGC gunboat.
Maersk’s Stillstrom Unveils Standalone Offshore Charging Solutions for Vessels
Stillstrom, a unit of A.P. Moller - Maersk, has launched two offshore charging systems aimed at supporting vessel electrification in the offshore wind sector.The new solutions, Power Hub and Power Tower, are designed as standalone systems that can be deployed independently of wind turbine infrastructure, enabling flexible charging options for vessels operating at sea.The systems are based on monopile designs and target one of the key challenges in offshore wind operations - the reliable supply of electric power for service vessels used in installation…
Mermaid Renews Subsea Vessel Deal as Decom Work Grows
Mermaid Subsea Services (UK) has extended its contract for the subsea support vessel Island Valiant, reinforcing its position in the North Sea decommissioning market.The vessel has supported Mermaid’s operations in the region for the past three years, including well plug and abandonment (P&A) and inspection, repair and maintenance (IRM) campaigns.The new agreement commits the vessel to operations in the basin for a further 12 months as activity in the North Sea is expected to increase.Mermaid…
Dajin Expands Offshore Wind Logistics Fleet with KING TWO Launch
China-based offshore wind foundations manufacturer Dajin Heavy Industry has launched a 40,000 DWT deck carrier, KING TWO, at its Panjin shipbuilding facility.The vessel, launched on April 19, is the second large-scale deck carrier built at the facility, following KING ONE, which has already completed its maiden voyage.KING TWO measures 239.8 meters in length, 51 meters in breadth and 13 meters in depth, with a deck area of 12,000 square meters.The vessel is equipped with dual engines and dual propellers…
Astro Offshore Expands Subsea Capability with New MPSV
Astro Offshore has added a new ultra-deepwater multi-purpose support vessel (MPSV) to its fleet, strengthening its subsea capabilities and expanding into international markets.The vessel, Energy Savannah, which will be renamed Astro Atlas, is a 97-metre DP2 multipurpose support vessel and the largest in the company’s fleet.Equipped with a 150-tonne subsea active heave compensated crane, a 25-tonne secondary crane, a moonpool and accommodation for up to 100 personnel, the vessel is designed to support offshore operations including subsea construction…
LDA’s Unit Buys DP2 Multi-Purpose Vessel to Expand Subsea Services
LD TravOcean, a subsidiary of Louis Dreyfus Armateurs (LDA) Group, has acquired a DP2 multipurpose support vessel as part of efforts to expand its subsea capabilities.The vessel, SIDDIS Mariner, will be renamed TVO Mariner and is scheduled for delivery in summer 2026.The company said the acquisition is aimed at enabling the delivery of integrated subsea solutions combining vessel operations, equipment and expertise.The vessel will support activities including telecom cable work…
North Star Bolsters Leadership Team to Support Offshore Wind Growth
UK-based shipowner/operator North Star has strengthened its executive team with new senior appointments as it expands its offshore wind and maritime operations.North Star appointed Duncan Palmer as its first Chief Human Resources Officer, promoted Joanna Lang to Chief Legal and Compliance Officer, and named Kenneth Coughlan as Chief Technology Officer.The company said the changes support its strategy to grow its client base, talent pipeline and offshore wind activities, as well…
Perdana Petroleum Wins AHTS Vessel Contracts from Petronas
Perdana Petroleum has secured contracts to provide two anchor handling tug and supply vessels (AHTS) to Petronas Carigali.The company said its wholly owned unit Perdana Nautika received the work orders on April 8 for the provision of the vessels to support offshore operations.The contracts cover charter periods of 303 days and 224 days respectively, each with an option to extend by a further 40 days.Perdana said the vessels will be deployed to provide 24-hour services including support for drilling rigs…
Glamox to Illuminate Offshore Energy Support Vessels for Sea1 Offshore
Glamox, a global leader in lighting, has secured a contract to supply lighting for four Offshore Energy Support Vessels (OESVs) being built for Sea1 Offshore.Glamox will supply a total of 8,000 marine lights for the exteriors and interiors of four vessels that will be used to support offshore energy installations.OESVs are specialized vessels that deliver logistics, transport, installation, maintenance, and operational support to offshore energy infrastructure - including offshore wind farms…
Exmar Launches FSRU Conversion Work for Dutch LNG Terminal
Exmar said it has launched conversion works for a new floating storage and regasification unit (FSRU) to support the expansion of the EemsEnergyTerminal in the Netherlands.The move follows the signing of a conditional charter agreement covering both the extension of the existing Eemshaven LNG FSRU and a newly converted unit, with EemsEnergyTerminal expected to take a conditional final investment decision in the first half of 2026.Exmar said it has secured a dual-fuel diesel electric membrane LNG carrier for the conversion and has begun engineering activities…
Navigator Gas to Sell Eight Vessels, Exit Unigas JV in $183M Deal
Navigator Holdings has signed a non-binding letter of intent to sell eight gas carriers and its shareholding in a joint venture for about $183 million.The agreement with Bernhard Schulte and Sloman Neptun covers vessels currently managed under the Unigas International joint venture.Navigator said the proposed transaction would see it fully exit the Unigas pool, which will continue to operate with the remaining partners.The vessels, with capacities ranging from 6,800 cubic meters to 12…
Eni Ships Venezuelan Crude to Europe After Two-Year Gap
Oil and gas producer Eni this week finished loading a 1-million-barrel cargo of Venezuelan heavy crude bound for Spain, the first the Italian company receives in almost two years following the issuance of U.S.
Freire Shipyard Launches Armada Diving Support Vessel
The Spanish shipyard C.N.P. FREIRE, S.A. (Freire Shipyard) held the launch ceremony of the diving support vessel, hull number 739, built for the Armada Logistics Support Command: A22 Proserpina in Vigo. Delivery is scheduled for later this year.The ceremony was presided over by the shipyard's General Managers, Marcos and Guillermo Freire, accompanied by the Chief of Staff of the Armada (AJEMA), His Excellency Antonio Piñeiro Sánchez. Also in attendance were civil and military authorities.
NYK Employs 3D Technology to Design and Construct New CTVs
NYK has jointly implemented a crew transfer vessel (CTV) newbuilding project that applies 3D technology as a core platform throughout the design and construction process.This project is being carried out in collaboration with Kosaba Shipbuilding Co., Ltd. and Smert Design Co., Ltd.CTVs transporting crews to offshore wind farms must meet high standards of safety, operability, and maintenance and inspection efficiency. Consequently, the design and construction phases now demand…
Solstad’s Normand Fortress CSV Gets $56M Extension with Petrobras
Norwegian offshore vessel owner Solstad Maritime has secured a two-year extension of the current contract for the subsea construction vessel (CSV) Normand Fortress with Petrobras.The extension will start in early July 2026. Under the extended contract, the vessel will provide accommodation services to support production activities on the Brazilian continental shelf.The gross contract value for the contract extension is approximately $56 million.The vessel will be on bareboat contract from Solstad Maritime to Solstad Offshore, which is the contract holder with Petrobras.
Northern Lights Adds Third CO2 Carrier to Expand CCS Network
The Northern Lights JV has added a third liquefied carbon dioxide (LCO2) carrier to its fleet, as it expands transport capacity for Europe’s carbon capture and storage (CCS) network.The vessel, Northern Phoenix, was formally welcomed in Bergen and will support the scaling of cross-border CO2 transport under the Northern Lights project.Designed to transport liquefied CO2, the ship will carry captured emissions from Yara to the Northern Lights receiving terminal in Øygarden, where…
Middle East Producers Gear Up for Hormuz Export Restart
Producers in the Middle East have asked Asian refiners to submit crude oil loading programmes for April and May in preparation for the eventual resumption of shipping through the Strait of Hormuz, three sources with knowledge of the matter said.A two-week ceasefire deal between the U.S. and Iran announced on Wednesday lifted hopes for a reopening of the Strait, through which about 20% of global oil and liquefied natural gas (LNG) supplies travelled before the war.But there has been no sign yet of Tehran lifting its near-total blockade of the critical waterway…
Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade
Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell.The U.S. move, aimed at putting pressure on Tehran, leaves a fragile ceasefire hanging in the balance and no end in sight to the choke on Middle East energy exports - though the mood on trading floors leaned toward hoping for a resolution.Brent crude futures LCOc1 were up 7% at $102 a barrel - a gain of more than 40% since the war shut navigation of the Strait of Hormuz.