The accelerating expansion of offshore energy projects together with the backlog of works due to the corona pandemic has a fundamental impact on the supply vessel demand in the North Sea. As a result, wind farm operators are facing unprecedented challenges in charter rates and vessel availability. I
Seaway 7, part of the Subsea7 Group, plans to raise $650 million through the issuance of new equity and debt, primarily to finance its two newbuild vessels, Seaway Alfa Lift and Seaway Ventus. Both vessels are anticipated to be delivered during 2023 and to enter operations in the first half of 2024.
PaxOcean Nanindah Mutiara Shipyard has won a contract with Indonesia’s PT Ketrosden Triasmitra for the conversion of a Norway-built platform supply vessel (PSV) into a subsea cable laying vessel (CLV). The cable layer will be equipped with a remotely operated vehicle (ROV) and plough system. PaxOcea
BW Offshore has received a short-term contract extension for an FPSO operating for Vaalco offshore Gabon.
Wallenius Sol’s multi-fuel vessel Botnia Enabler was christened in the Port of Skellefteå, Sweden, last week. The vessel has been described as the world’s biggest ice-rated ConRo vessel, spanning 242 meters in length overall and 35.2 meters in beam. The 28,000 DWT vessel has a cargo capacity of 6,44
The volatility within the energy market has forced nations to look inward for solutions to this global issue and cut their reliance on energy imports or diversify their sources of supply. Looking longer-term, if this approach becomes a policy and not a one-off solution to a one-off problem, this kin
Aurelia Green Ship Concept Design’s new 100% hydrogen powered RORO vessel design has secured the certificate of Approval in Principle from Italy’s classification society RINA. The new design concept is the ACD01 1000 featuring electric propulsion using highly compressed H2 as fuel. The vessel is int
Activists have blocked a gas tanker carrying Russian gas from offloading its cargo at an LNG terminal in Sweden.
Norway-based ferry operator Color Line has ordered the Elogrid solution from Finnish engineering and consulting company Elomatic for two of its passenger car ferries to improve their energy efficiency.
Northern Xplorer, a recently established Norwegian cruise venture, and Portuguese shipbuilder West Sea have signed a letter of intent (LoI) for the construction of the company’s maiden vessel that will sail emissions-free.
Marine engineering and maintenance specialist Royston has completed service and repair works on essential diesel power units onboard TechnipFMC’s Deep Blue vessel.
Korean Register (KR) and Daewoo Shipbuilding & Marine Engineering (DSME) have joined forces on the development of a 40,000 cbm liquefied carbon dioxide carrier (LCO2) featuring a next-generation cargo handling system. The demand for vessels capable of transporting carbon dioxide at scale from emissi
Aker BP has received consent from Norway’s regulator to use one of AKOFS Offshore’s well intervention vessels on a field in the Norwegian Sea.
Earlier this summer, Allseas’ Pioneering Spirit completed the decommissioning of Repsol Norge’s Gyda platform from the North Sea.
