
PaxOcean has unveiled an order for up to four methanol-ready offshore construction vessels (OCVs) from an unnamed European shipowner. PaxOcean said it has signed shipbuilding contracts for two OCVs with a “renowned European shipowner” for delivery in 2027 and an option for two additional vessels. Me

On a mission to boost its decarbonization arsenal, SBM Offshore has become the owner of a minority stake in Norway’s Ocean-Power.