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N-Sea’s new cable layer arrives in the Netherlands for final outfitting
Business Developments & Projects

N-Sea’s new cable layer arrives in the Netherlands for final outfitting

The hull of the dual-fuel cable installation and repair vessel destined for N-Sea Group has arrived from Poland at Neptune Marine’s yard in the Netherlands. The hull of the 100-meter-long cable-laying vessel (CLV) Altera was launched early in February in Poland, after which it started its journey fr

about 5 months ago
Four companies jointly bid to develop Britain’s first hydrogen network in the Humber
Authorities & Government

Four companies jointly bid to develop Britain’s first hydrogen network in the Humber

National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber. Together as Humber Hydrogen, the partners are looking to develop a network that would connect projects across Yorkshire and

about 5 months ago
‘First-ever’ remote operated landing crafts to be built in Malaysia
Business & Finance

‘First-ever’ remote operated landing crafts to be built in Malaysia

Malaysia-headquartered offshore support vessel (OSV) provider Nam Cheong has been awarded shipbuilding contracts, valued at $64.5 million, for two dive support vessels (DSVs) and two remote operated landing crafts (ROLCs) by a UAE-based maritime logistics company, marking its first newbuild contract

about 5 months ago
Technip Energies, JGC and SHI chosen to progress Mozambique’s second FLNG project
Business & Finance

Technip Energies, JGC and SHI chosen to progress Mozambique’s second FLNG project

A partnership of Technip Energies, JGC and Samsung Heavy Industries (SHI) has secured a contract with Mozambique Rovuma Venture (MRV), an Eni-participated joint venture (JV), to progress work on Mozambique’s second floating liquefied natural gas (FLNG) facility. The contract, defined as significant,

about 5 months ago
Illustration; Source: Saipem
Business & Finance

Saipem’s agreement with Aramco takes it to ‘one of world’s largest offshore oil fields’

Italy’s Saipem has secured a new offshore contract in Saudi Arabia worth approximately $500 million under its existing long-term agreement with the country’s energy heavyweight Aramco. Under the contract release purchase order (CRPO), Saipem’s scope of work includes the engineering, procurement, con

about 5 months ago
Wärtsilä equipment ordered for China-built LNG bunkering vessel duo
Business & Finance

Wärtsilä equipment ordered for China-built LNG bunkering vessel duo

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been appointed to supply its cargo handling and fuel gas supply systems for two LNG bunkering vessels that are under construction in China. The vessels have a capacity of 20,000 m3 and are currently being built at the Zhejiang XinLe Ship

about 5 months ago
ABL gets busy at Egyptian gas field
Business & Finance

ABL gets busy at Egyptian gas field

Energy and marine consultancy ABL has been selected for the provision of marine warranty survey services for the fourth phase of a gas field development offshore Egypt. ABL will deliver technical review and approval of all project documentation, procedures, drawings and calculations, as well as mari

about 5 months ago
Fulmar Explorer
Business & Finance

Another SeaBird Exploration vessel gets contract extension in Western Hemisphere

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a three-month contract extension for its source vessel to continue working in the Western Hemisphere. The 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, will continue perfor

about 5 months ago
Eco Wave Power’s pilot passes real-world sea conditions test
Business Developments & Projects

Eco Wave Power’s pilot passes real-world sea conditions test

Eco Wave Power’s wave energy project at Jaffa Port in Israel has continued strong energy production and demonstrated stable and reliable operation under real-world sea conditions in the first month of 2026, the company reported. The EWP-EDF One wave energy pilot project has maintained zero downtime,

about 5 months ago
Korean-Dutch partnership pursuing hydrogen retrofit for feeder vessel
Business & Finance

Korean-Dutch partnership pursuing hydrogen retrofit for feeder vessel

South Korea’s maritime decarbonization technology specialist Vinssen and Dutch engineering firm MANA Engineering have signed a memorandum of understanding (MOU) to jointly develop a hydrogen fuel cell-based retrofit solution for an 800 TEU feeder container vessel operating in Northern Europe and the

about 5 months ago
Boskalis prepares 150 kilometers of Baltica 2 inter-array routes for cable installation
Business Developments & Projects

Boskalis prepares 150 kilometers of Baltica 2 inter-array routes for cable installation

Boskalis has completed the preparation of 150 kilometers of inter-array cable routes at the 1.5 GW Baltica 2 offshore wind farm site in Poland. In 2023, Boskalis was awarded a contract for the transportation and installation of export and inter-array cables for the Polish offshore wind farm, owned b

about 5 months ago
Seatrium yard; Source: Seatrium
Business & Finance

Seatrium continues its divestment series

Singapore-based offshore, marine, and energy solutions provider Seatrium is undertaking a series of additional divestments as part of its ongoing efforts to rationalize non-core assets, streamline operations, and drive long-term value for shareholders. Seatrium has divested a fleet of 17 tugboats in

about 5 months ago
Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons
Business & Finance

Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons

U.S. offshore vessel operator Tidewater is set to see an increase in its global vessel fleet size to 231 units thanks to the acquisition of Brazilian shipping company Wilson Sons. Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Parti

about 5 months ago
Transocean Deepwater Skyros drillship (former Ocean Rig Skyros); Source: Egon Stefanic
Business & Finance

Transocean’s backlog stands at $6.1 billion in the wake of $610M rig deals

Switzerland-based offshore drilling contractor Transocean has obtained multimillion-dollar assignments and extensions for seven mobile offshore drilling units (MODUs) from its rig fleet.

about 5 months ago
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