Shortly after securing a 100-day project charter for the subsea vessel, Norway-headquartered Reach Subsea has extended the charter for Olympic Taurus due to a “solid backlog and substantial tender pipeline for the coming periods”. In mid-February, Reach Subsea announced a 100-day project charter for
Italian oilfield services company Saipem and compatriot shipbuilding giant Fincantieri have signed a Memorandum of Understanding (MoU) with the aim of evaluating opportunities for cooperation in subsea robotics for surveillance and control of critical underwater infrastructure. With the MoU, signed
Finland-based shipping company ESL Shipping has signed a memorandum of understanding (MOU) to sell its two Supramax class vessels in an effort to accelerate the green transition.
Siem Offshore has secured a contract extension for its 2009-built diesel-electric driven multipurpose support vessel (MPSV). The 93.6-meter-long MPSV Siem Dorado has been awarded a contract extension for utilization for a period reaching towards the end of Q4 2024. Commencement will be in direct con
France-headquartered Louis Dreyfus Armateurs (LDA) has introduced a concept for a service operations vessel (SOV) that utilizes liquid hydrogen as its primary fuel source. The liquid-hydrogen SOV, currently in the concept design phase, will be able to operate 95% of the time with zero carbon emissio
Finnish technology company Wärtsilä has signed a five-year lifecycle agreement with Korea Maritime Transport Co. (KMTC) for its containerships.
Spain’s GONDAN Shipbuilders has cut the first steel for an advanced unmanned surface vessel (USV) that will perform subsea inspection, maintenance and repair (IMR) and survey work. GONDAN Shipbuilders started the construction of the USV in collaboration with USV A/S, an alliance of DeepOcean, Solsta
Boskalis has completed the work the company was contracted to perform on the Moray West offshore wind farm. While the Dutch offshore construction company has now wrapped up its part of the job, work on Ocean Winds’ 882 MW project offshore Scotland continues with the installation of foundations and i
Shipping disruptions through the Red Sea are pushing the amount of oil in transit to record levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR).
An AHTS vessel from Siem Offshore has been hired for the rest of the year by an undisclosed firm, which is said to be an international oil major.
Jan De Nul Group has purchased an electric remotely operated vehicle (ROV) from UK subsea engineering and technology company SMD for what is said to be the world’s largest cable-laying vessel (CLV). SMD’s Quantum EV will be integrated into Jan De Nul’s new CLV Fleeming Jenkin and deployed to offshor
U.S. LNG producer Venture Global LNG is acquiring a fleet of nine LNG-powered vessels, currently under construction in South Korea, to advance the integration of its business across the entire LNG supply chain.
South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured an order for the construction of three very large ammonia carriers (VLACs).
Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel for floating and fixed installations in the offshore wind market, as well as for offshore oil & gas. Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstei
