Offshore News

Poland allocated 3.4 gigawatts (GW) of capacity in its first competitive offshore wind auction, the country's energy regulator URE said on Thursday, a boost for the renewable energy sector after setbacks in neighbouring markets.The auction was seen as a test of investor confidence in offshore wind, coming after U.S. President Donald Trump's opposition to renewables effectively froze the U.S. market and recent auctions in Denmark, Germany, and the Netherlands failed to draw bidders.Poland awarded 25-year contracts at a price range of 476.88 zlotys ($133.09) and 492.32 zlotys per megawatt hour…

Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels, all with ROVs on board, including Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, have had their current contracts with Petrobras extended until the first quarter of 2027.The new four-year contracts…

Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections, the main crane, and the start of commissioning activities.According to Cadeler, Wind Ace A-Class WTIV will be delivered to the company in 2026, and will become the 11th vessel in its expanding fleet of wind turbine installation vessels.“Thanks to close collaboration between our local Cadeler site team…

The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply, trading & shipping of bp, will serve as interim CEO.O'Neill is the first CEO to be appointed by BP from outside of the company and the first female to lead any of the top five oil companies in the world. The company began a major shift in strategy earlier this year.

Clippership, a company developing autonomous wind powered ships, announced it has completed the design of its first 24-meter class vessel, and executed a construction contract for the first cargo vessel with Dutch shipyard KM Yachtbuilders.The 24-meter class features twin, foldable rigid wings for primary wind propulsion and is designed for open-ocean autonomy. The vessel has a cargo capacity of up to 75 Euro-pallets within its climate-controlled cargo hold. It will be built in…

According to Veson Nautical’s 2025 End-of-Year Market Report, a report which breaks down prevailing trends in all major oceangoing shipping sectors globally, these are the prevailing trends shipowners should watch in 2026.1. Routing Normalization vs. Geopolitical RealityMuch of 2025’s earnings strength—especially in containers, crude tankers and dry bulk—was driven by longer voyages around the Cape of Good Hope. Any sustained return to Suez transits in 2026 would compress ton-mile demand quickly. Owners should plan for volatility rather than assume a clean reversion to pre-Red Sea norms.2.

U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.It is unclear how Trump will impose the move against the sanctioned vessels, and whether he will turn to the Coast Guard to interdict vessels like he did last week. The administration has moved thousands of troops and nearly a dozen warships - including an aircraft carrier - to the region."For the theft of our Assets…

The world’s largest wind-powered, industrial-scale, roll on/roll off vessel Neoliner Origin has returned for its second visit to the only U.S. port it is calling, the Helen Delich Bentley Port of Baltimore.The ship, which uses sails as main propulsion, is operating a monthly service between Saint Nazaire (France) and Baltimore, with stops along the way to Saint-Pierre et Miquelon and Halifax.“It’s a great honor to be the first and only U.S. port for Neoliner Origin,” said Maryland Port Administration Executive Director Jonathan Daniels.

Oslo-based dry bulk operator Western Bulk has re-entered ship ownership after acquiring a minority stake in a Kamsarmax vessel alongside a group of Norwegian partners, the company said on Tuesday.Western Bulk, together with A/S J. Ludwig Mowinckels Rederi, NRP Asset Management-managed Premium Maritime Fund 2024, and Pactum, has acquired the dry bulk carrier CSSC Shi Jia Zhuang, which will be renamed Western Egda.The 2020-built, eco-design Kamsarmax was constructed in China and has recently completed its five-year special survey.

Danish vessel owner ESVAGT has completed the acquisition of Breeze Enabler and Brint Enabler Service Operation Vessels (SOVs) from Edda Wind through a 100% share purchase agreement of the two Spanish vessel owning entities.The SOVs are on long-term contracts with customers Ocean Breeze in Germany and Vestas in UK.The contracts for both Breeze Enabler and Brint Enabler have been novated to ESVAGT for continued operations and the crew onboard has been offered employment with ESVAGT.“We…

Morocco's leading port operator, Marsa Maroc, said on Tuesday it signed a deal to acquire a 45% stake in Spain's Boluda Maritime Terminals (BMT), a branch of Spain's Boluda Corporacion Maritima for 80 million euros ($94.01 million).The deal, approved by Marsa Maroc's board, is subject to regulatory clearance, the company said in a statement.BMT handled more than 1 million containers in 2024 through its nine terminals across mainland Spain and the Canary Islands.The acquisition would enable Marsa Maroc International Logistics (MMIL), the group's international expansion, to strengthen its positi

Seadrill Limited has been awarded contracts for the West Neptune, Sevan Louisiana, and Sonangol Quenguela.In the U.S. Gulf, the West Neptune was awarded a contract with LLOG Exploration. The four-month program is expected to commence in direct continuation to the current contract, adding approximately $48 million to backlog.Also in the U.S. Gulf, the Sevan Louisiana received an award from an undisclosed operator for a two-month program which is expected to commence in direct continuation to the current contract with Walter Oil and Gas.

Odyssey Marine Exploration, Inc., a U.S.-based ocean exploration and marine resource development leader, received news that the Bureau of Ocean Energy Management’s (BOEM), a department of the U.S. Department of Interior (DOI), has initiated the formal review process for its unsolicited request for a potential marine mineral lease sale in federal waters offshore Virginia.BOEM’s action highlights the increasing federal focus on responsibly assessing domestic offshore mineral resources.

Belgian offshore contractor Jan De Nul has concluded the 2025 transport and installation campaign of three HVAC grid connection cables at TenneT’s DolWin kappa platform.When finalized, these cables will ensure the transport of almost 660 MW renewable electricity from two offshore wind farms, which is enough energy needed to power more than 800,000 German homes.Jan De Nul and partner Hellenic Cables are responsible for design, production, transport, installation and protection of three 155 kV HVAC cables with a total length of 37 km.

Ocean Infinity has reached a significant milestone with the delivery of the final vessel in its 14-vessel Armada fleet, featuring advanced underwater robotic systems capable of a wide range of data collection tasks.Over the past five years, Ocean Infinity has built and deployed a fleet of cutting-edge lean crewed vessels unlike anything the industry has seen before.This latest delivery completes the 86-meter class of Armada ships, following the successful introduction of the 78-meter class in 2023.

Ocean Infinity has reached a significant milestone with the delivery of the final vessel in its 14-vessel Armada fleet, featuring advanced underwater robotic systems capable of a wide range of data collection tasks.Over the past five years, Ocean Infinity has built and deployed a fleet of cutting-edge lean crewed vessels unlike anything the industry has seen before.This latest delivery completes the 86-meter class of Armada ships, following the successful introduction of the 78-meter class in 2023. Twelve vessels are now in live operation, with the remaining two following close behind, pushing the boundaries of robotics and technology at sea.Each vessel is mobilized with a tailored suite of equipment…

Kongsberg Maritime has announced the introduction of two new sizes to its Underwater Mountable, Permanent Magnet (UUC PM) azimuth thruster range, expanding its offering for propulsion solutions for demanding offshore and marine operations.The new additions to the UUC PM 405 model include units with 3.8 m and 4.1 m propeller diameters, delivering 86 and 91 metric tons of thrust respectively.Kongsberg Maritime is also preparing to extend the UUC PM range further, with future models offering up to 5.5m diameter and power ratings of 6000 kW.

MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO) vessel.This innovative floater solution adapts proven onshore production technology for offshore operations, transforming unutilized hydrocarbon gas from nearby offshore facilities into high-value blue ammonia, which is stored onboard at cryogenic conditions.This…

Iranian authorities detained 18 crew members of a foreign tanker seized in the Gulf of Oman on Friday that they said was carrying 6 million litres of smuggled fuel, Iranian media reported on Saturday.Iran, which has some of the world's lowest fuel prices due to heavy subsidies and the plunge in the value of its national currency, has been fighting rampant fuel smuggling by land to neighboring countries and by sea to Gulf Arab states.(Reuters - Reporting by Menna Alaa El-Din and Dubai Newsroom; Editing by Jan Harvey)

Jumbo Offshore has signed two contracts for the Transport and Installation (T&I) of Transition Pieces (TPs) for an upcoming offshore wind farm development.Jumbo Offshore will install the TPs using one of its two DP2 heavy-lift vessels during the project campaigns.In addition to T&I, the awarded scope includes full management and operation of the marshalling yard.This includes responsibility for receiving the TPs from the transport vessel at the quayside, transferring them to the storage area…

Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas.Wood will provide comprehensive maintenance services to support operations at the approximately 1,000-acre site.NextDecade expects the liquefaction and export facility will deliver secure and affordable energy through the safe and efficient…

American Bureau of Shipping (ABS), Japan’s ENEOS, Nippon Yusen Kabushiki Kaisha (NYK Line) and SEACOR Holdings have launched a joint study to develop a commercial methanol marine fuel supply network along the U.S. Gulf Coast.The study aims to establish the first large-scale ship-to-ship methanol bunkering operations in the United States, as the global shipping industry looks for practical pathways to meet the International Maritime Organization’s target of net-zero greenhouse gas emissions by 2050.Methanol…

Norwegian offshore vessel owner Solstad Maritime has sold its Normand Clipper construction support vessel (CSV) to Global Maritime Group.Global Maritime Group, the current charterer of the vessel, declared the purchase option for the Normand Clipper, with the deliver of set to take lace at the end of the firm contract period on June 1, 2026.The vessel has supported Global Marine Group’s worldwide cable-laying operations since 2020.Solstad Maritime said it recognize a gain on the sale of approximately $10 million to be reflected in the second quarter 2026 accounts.Built in 2001…

DEME has secured three contracts for the installation of monopile foundations, inter-array cables, and the export cable at the BC-Wind offshore wind farm in Poland.The combined contracts are valued between $174 million and $350 million (€150 million and 300 million).BC-Wind, developed by offshore wind firm Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, is located approximately 23 km off the Polish Baltic Sea coast.With a planned capacity of up to 390 MW, the wind farm will generate clean electricity for around 500…

A consortium of GE Vernova and Singapore’s Seatrium has secured a major contract from Dutch-German grid operator TenneT to deliver the BalWin5 offshore grid connection, a 2.2 GW high-voltage direct current (HVDC) transmission system designed to bring North Sea wind power to Germany’s electricity network.BalWin5 is expected to provide enough renewable electricity to supply about 2.75 million households, forming part of Germany’s strategy to accelerate offshore wind deployment and…

Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels, along with comprehensive subsea services, throughout 2026 and into 2027.The scope of work also includes onshore engineering and project management services for various subsea operations.With this contract, DeepOcean will deliver uninterrupted IMR activities for Equinor from 2006 to 2035…

Bowdun Offshore Wind Farm, planned for 44 km off Stonehaven in North East Scotland, has submitted the application for planning permission in principle for the onshore infrastructure of the Project to Aberdeenshire Council. The submission covers the elements from the landfall point near Benholm, underground cable corridor, onshore substation and proposed connection to the planned Hurlie substation at Fetteresso Forest, where the wind farm-supplied power enters the National Grid.

Japan’s NYK has ordered a next-generation car carrier equipped with advanced marine digital-transformation (DX) systems aimed at improving navigational safety, reducing crew workload and enhancing operational efficiency.The vessel, which will measure 199.95 meters in length with a beam of 38 meters, is scheduled for delivery on March 31, 2026, from Shinkai Toyohashi Shipbuilding.NYK said the newbuild will feature an autonomous navigation system, a large-motion mitigation system designed to limit rolling that could shift vehicle cargo…

ABB has verified what it calls a major advancement in vessel Dynamic Positioning (DP) technology, following successful Failure Mode and Effects Analysis (FMEA) proving trials and sea trials on board the new wind turbine installation vessel (WTIV) Norse Wind.By integrating ABB Ability Marine Pilot Control - a ship control system that unifies dynamic positioning, maneuvering, and transit functionalities into one intuitive interface - with Azipod propulsion units, the vessel showcases distinctive advantages of system-level synergy.Meeting all performance expectations…

French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana (EMGL) to provide maritime services in Guyana.It will start in the first quarter of 2026, with the commissioning of the large platform supply vessel (PSV) Bourbon Calm and covers the transport of products essential to offshore operations in one of the world's most dynamic oil basins.The discovery of oil fields in 2015 has made Guyana one of the fastest-growing offshore operations…

Solstad Maritime (SOMA) has secured multiple new contracts for several construction support vessels, that will be employed in the North Sea and Brazil.The contracts are for Normand Navigator, Normand Cutter, and Normand Jarstein CSVs.The combined firm period of these project related contracts is approximately 175 days, with an additional 150 optional days.The start of the contracts is scheduled for December 2025 and January 2026, with the combined gross value of the firm contracts…

Eastern Shipbuilding Group (ESG) completed and redelivered HOS Rocinante, a first-of-its-kind U.S.-flagged Service Operation Vessel (SOV) converted for Hornbeck Offshore Services.The vessel marks a milestone in the evolution of the U.S. offshore service fleet to be future-ready for both the offshore wind and petro-energy sector demands for broadly capable marine support vessels.Originally built by ESG as an offshore supply vessel, HOS Rocinante unerwent extensive conversion at ESG’s Allanton and Port St Joe Shipyards in Panama City…

bound4blue, a leader in wind propulsion systems, has closed a $44 million funding round backed by leading maritime corporates, ship owning families, climate-focused investors and government capital. The round was led by OCTAVE Capital, an investment platform affiliated with major shipowner: IMC, and Katapult Ocean. The round brings together new investors including Motion Ventures, Odfjell family office and ReOcean Fund, led by the Prince Albert II of Monaco Foundation and Monaco Asset Management…

A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U.S. Departments of the Interior and Commerce and the Environmental Protection Agency have been implementing a directive to halt all new approvals needed for both onshore and offshore wind projects pending a review of leasing and permitting practices.Siding with a group of 17 Democratic-led states and the District of Columbia, U.S.

Seaway7, part of Subsea7, has secured a sizeable contract by Ocean Winds for the work on the BC-Wind offshore wind project in Poland.Seaway7’s scope of work includes the transport and installation of 26 transition pieces and an offshore substation with offshore activity expected to commence in 2027.The BC-Wind offshore site is located in the Baltic Sea, approximately 23 kilometers off the Polish coast, and will comprise 26 wind turbine generators.When fully completed, BC-Wind will have a total capacity of up to 390 MW…

Wallenius Wilhelmsen has extended two key strategic contracts for shipping services with an estimated additional value of close to $500 million.The first contract is with a premium European auto manufacturer and is extended by three additional years, with the new contract now ending in 2030.The contract is estimated to have a total value of $580 million, with the extension value being $384 million based on expected volumes. The contract extension includes additional volumes and trade lanes. Rates are in line with current market levels and the renewed agreement started in October, 2025.

Norwegian technology company Vissim has secured a contract with a Qatar-based oil and gas operator to deliver a vessel collision avoidance system at an undisclosed oil field offshore Qatar.As part of a three-year agreement, Vissim will provide specialized software that enables a fully digitized and user-friendly overview of vessel traffic at the offshore field.The core of Vissim’s technology is a specially designed software platform which, through input from millions of data points such as the automatic vessel identification system (AIS)…

Belgium’s Jan De Nul is commissioning what it calls its most advanced offshore wind installation simulator, a digital twin of its vessels Les Alizés and Voltaire designed to train crews to install the latest generation of giant wind turbines and foundations at sea.The crane simulator, installed at the company’s Aalst office, features a seven-meter-wide dome offering a 360-degree view and allows operators to rehearse complex installation operations at heights exceeding 150 meters.Wind turbine tip heights now reach 300 metres…

Integrated Wind Solutions (IWS), through its subsidiary IWS Fleet, has secured additional charter commitments for its Skywalker-class commissioning service operation vessels (CSOVs), closing gaps in its near-term schedule and expanding its multi-year backlog.IWS Fleet said it filled a gap in employment for the IWS Sunwalker in the first quarter of 2026 by securing a 70-day fixed charter extension. The vessel will begin its first charter shortly and now holds back-to-back firm…

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 2025, a remarkable recovery since bottoming out in 2008 below 5 Mb/d.The shale oil boom was primarily responsible for this turnaround. The decision to allow crude oil exports from the U.S. at the end of 2015 also contributed, because it made U.S. crude accessible to the international market. This export access converged U.S.

A vessel located 15 nautical miles west of Yemen reported an exchange of fire after sighting about 15 small craft at a range of 1–2 cables, the United Kingdom Maritime Trade Operations (UKMTO) agency said on Friday.The vessel said the craft later left the area and that it remains on high alert.The ship's master reported the crew was safe and that it is continuing to its next port of call.(Reporting by Jana Choukeir and Tala Ramadan; Editing by Christopher Cushing, Alexandra Hudson)

Dajin Heavy Industry and Germany’s Briese Schiffahrt have signed a memorandum of understanding to develop offshore wind marshalling services at a new terminal in the Port of Cuxhaven in Germany.The agreement, signed on November 26, aims to establish an international offshore wind industry hub on more than 20 hectares of newly built port area in Cuxhaven.The initiative will use Dajin’s fleet of deck carrier vessels and Briese’s global shipping network to support the handling and…

The topside and jacket structure for the Jasmund offshore substation (OSS) have embarked on the journey to Baltic Sea for installation, following the completion of construction by the HSI consortium, formed by HSM Offshore Energy, Smulders and Iv.The topside, measuring 48 metres by 33 metres and weighing about 4,500 tonnes, departed HSM Offshore Energy’s Stormpolder yard and travelled through central Rotterdam in a high-profile transit. The 72-metre-high jacket sailed from Smulders’ Vlissingen yard.Both structures are now en route to the Baltic Sea…

Van Oord has completed the transport and installation of all 21 monopiles at Iberdrola’s Windanker offshore wind farm.This achievement involved the largest monopiles Van Oord has ever installed, made possible by earlier upgrades to its heavy lift installation vessel Svanen, which is now equipped to manage next-generation offshore wind monopile foundations.Van Oord’s scope of work included loading the monopiles at the fabrication site in Spain and transporting them to the Port of Rønne, Denmark.

Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations.The scope of supply per vessel includes two telescopic A-frames, fully electrical umbilical winches, energy efficient hydraulic power units, and a dedicated control system. Each system offers a safe working load of 15 tonnes (vehicle dry weight) and winch cable capacity of 4…

Hanwha Ocean has delivered the Wind Mover wind turbine installation vessel (WTIV) to offshore wind contractor Cadeler, completing the second vessel in the company’s M-class series about one month ahead of schedule.The vessel was formally signed over on November 28 and sailed away on December 2, following a naming ceremony at Hanwha Ocean’s shipyard in Korea.Wind Mover is the second of two WTIVs ordered by Cadeler in 2021, with the first vessel, Wind Maker, delivered in January 2025.

Kongsberg Maritime is marking 50 years since the introduction of its first dynamic positioning (DP) system, a Norwegian innovation that transformed offshore operations and set new standards for safety and efficiency at sea.The story began in the mid-1970s, when offshore operations in the North Sea faced harsh conditions and dangerous anchoring practices. A breakthrough came in 1977 with the successful live test of the world’s first Norwegian DP system on Stolt-Nielsen’s vessel Seaway Eagle.This pioneering technology allowed vessels to maintain position without anchors…

Wärtsilä has identified four key trends it expects to shape the global shipping industry in 2026, citing accelerating digitalization, rising decarbonization pressures and growing uncertainty over regulatory trajectories.The company highlighted lifecycle optimization as a major theme, with vessel owners increasingly moving from short-term fixes to long-term strategies that account for environmental impact, operational efficiency and economic performance from vessel design to end-of-life.

DNV has awarded an Approval in Principle (AiP) to the joint consortium of MSC, Zhoushan Changhong International, and CIMC ORIC for a new 21,700 TEU ammonia-dual fueled ultra-large container ship design.The AiP is another milestone in the development of next-generation, zero-carbon mainline container shipping.The proposed 21,700 TEU container ship integrates the latest-generation of ammonia dual-fuel main engines alongside oversized C-type ammonia tanks.The hull design, with a new vertical bow…

Miros and Marine Technologies (MT) have signed a memorandum of understanding (MoU) to collaborate on integrating advanced marine sensing technologies with MT’s vessel control and smart-ship systems, the companies said on Wednesday.The agreement, which involves no financial commitments, outlines the companies’ intent to combine Miros’ real-time ocean sensing, wave and current monitoring, and oil spill detection technologies with MT’s footprint in offshore vessel control and dynamic…

ABS issued approval in principle (AIP) to Hanwha Ocean Co. Ltd. for remote control functions for FPSO units.ABS completed design reviews based on the ABS Requirements for Autonomous and Remote-Control Functions.The project is part of the Offshore Technology Collaboration Agreement (OTCA) between ABS and Hanwha Ocean, which enables the companies to collaborate on a series of cutting-edge projects leveraging each company’s core competencies under three broad themes: sustainability…

Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with new data on Friday, public documents seen by Reuters show.The resulting new firm, to be called Saipem7, would have a strong enough position to impose additional costs, delay projects and pressure some clients into exclusive long-term contracts, Brazil oil industry group IBP said in a November filing to Cade.On Friday…

A consortium led by UK unmanned vessel developer ACUA Ocean has secured government support to develop a new 145-foot uncrewed offshore support vessel, aiming to scale up autonomous operations for offshore energy, logistics and surveillance.The Project MROS consortium, which includes Houlder, Ad Hoc Marine Designs, Trident Marine and the University of Southampton, received funding earlier this year under the UK Department for Transport’s Clean Maritime Demonstration Competition.

Methanol is emerging as a practical alternative fuel for deep-sea shipping as engines and technical systems reach high readiness levels, but high costs and limited supply continue to constrain wider adoption, classification society DNV said in a new report.As the industry explores multiple decarbonization pathways, methanol is gaining attention as a practical and scalable alternative fuel for deep-sea shipping, supported by over 450 methanol-capable vessels in operation and on order and technical solutions now available for all major ship types.DNV’s latest white paper…

Nippon Paint Marine has signed a technical collaboration agreement with Lloyd’s Register Advisory to assess long-term speed-loss performance of its FASTAR and AQUATERRAS hull coatings in service.Lloyd’s Register Advisory, which provides independent ship-performance consultancy, will evaluate how the coatings perform over time under the ISO 19030 measurement standard. The study is intended to create a validated, impartial benchmark for shipowners comparing coating efficiency, fuel…

Global energy and marine consultancy ABL has partnered up with Egypt’s Petroleum Marine Services (PMS) to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC).This milestone initiative supports Egypt’s strategic direction to enhance offshore operational efficiency, reduce downtime, and elevate the standards of marine and drilling logistics across two of the country’s most dynamic offshore basins.The new integrated service from PMS and ABL…

Floatel International has selected Semco Maritime’s Hanøytangen facility outside Bergen in Norway, to perform a series of modifications and service works on the Floatel Endurance rig ahead of an upcoming contract on the Norwegian Continental Shelf.Following completion of its current assignment in Canada, Floatel Endurance will sail across the Atlantic to Hanøytangen, arriving in the first quarter of 2026 for yard stay and energy optimization works.Under the contract, Semco Maritime will be in charge of thruster removal and overhaul…

Seatrium has issued a notice of arbitration against an affiliate of Maersk Offshore Wind, escalating a dispute over the termination of a contract for a wind turbine installation vessel (WTIV) intended for the Empire Wind 1 project in the United States.The move follows a notice of arbitration delivered by the buyer on October 21, one day after Seatrium notified the buyer that the vessel would be ready for delivery by January 30, 2026. The dispute will be heard in London under the…

Strategic Marine has delivered two 42-metre next-generation fast crew boats to NMDC LTS, marking the company’s first vessel delivery to the Middle East offshore services provider.The Generation 4 aluminium vessels were developed in partnership with Prima Marine of Thailand and designed with Southerly Designs to support offshore operations across the region. Strategic Marine said the delivery strengthens its growing footprint in the Middle East market.The fast crew boats feature a high-efficiency hull form, hybrid-ready systems and a reinforced cargo deck.

Danish shipping company NORDEN has acquired the Southern African cargo activities of Taylor Maritime, previously operated under the IVS brand, adding to its growing parceling and project cargo business.As part of the deal, NORDEN will take over the specialist parceling team based in Durban, South Africa, led by Brandon Paul, who will continue serving customers on parcel trades from South Africa.“We are delighted that Brandon and his team join NORDEN as we are committed to further…

On November 25, 2025, at the Offshore Energy Conference in Amsterdam, Windcat signed a contract with Damen Shipyards Group for a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with the option of five additional vessels of this type. To be known as the Innovation Series, the vessels will combine a large open deck with a subsea crane with fuel efficient operations and comfortable, high-quality accommodation for personnel working in the offshore energy sector for extended periods.

Solstad Offshore ASA (SOFF) has announced that the company has been awarded a new contract by PETROBRAS for the anchor handling tug supply vessel (AHTS) Normand Topazio.The contract has a duration of 4 years firm and is scheduled to commence in 1Q 2026. The vessel will support Petrobras operations in Brazil.The total gross value of the contract is approximately $73 million.

Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President Nikos Christodoulides signed the agreement at Lebanon's presidential palace and told reporters it would signal deeper cooperation between Lebanon, European Union-member Cyprus and the broader EU."This is a historical agreement, concluding an issue pending for many years and now look forward to what our countries can jointly create…

Thousands of U.K. jobs and billions in future tax revenue are at risk unless the government reforms the Energy Profits Levy (EPL), industry group Offshore Energies UK (OEUK) said ahead of the Autumn Statement.OEUK said statistical modelling shows that revising the 78% levy in 2026 instead of waiting for its scheduled expiry in 2030 would increase total tax receipts from £32.9 billion ($43.2 billion) to $63.9 billion (£48.6 billion) over the next decade, driven by higher employment…

France-based STAPEM Group has chosen Sonardyne’s Ranger 2 Ultra-Short BaseLine (USBL) technology as the permanent solution for one of its flagship offshore support vessels, the STAPEM Boreale.Operating in one of STAPEM Group’s key regions, Angola, the vessel is now equipped with a Ranger 2 GyroUSBL 7000 system, an all-in-one, high-performance USBL system for precise positioning performance, previously used on a hire basis.Ranger 2 GyroUSBL 7000 is optimized for ultra-deepwater operations and, like all Ranger 2 GyroUSBL systems, includes a single, pre-calibrated transceiver head.

MacGregor has secured a contract to deliver a newly developed high-performance lightweight 165-tonne active heave compensated (AHC) crane to Hong Hua Yard in China for the vessel owner Atlantic Navigation.Equipment delivery is scheduled for completion by the second quarter of 2027, with an option included for one additional crane.The scope of supply includes the complete delivery of a modern 165-tonne AHC crane to be installed on a 90-metre construction support offshore vessel…

Fugro has completed the geotechnical site investigations at the eastern array of Dogger Bank South Wind Farm, off UK.Fugro’s five-vessel campaign gathered core samples and cone penetration tests (CPT) data up to 50 meters below the seabed.According to RWE, which is developing the project together with partner Masdar, the results of the campaign will provide vital insights for designing turbine and platform foundations.Dogger Bank South (DBS) consists of two offshore wind farms - DBS East and DBS West - with an estimated combined capacity of 3 GW.RWE leads both DBS projects…

Lighting specialist Glamox has secured a contract to supply exterior marine LED lighting for four Offshore Construction Vessels (OCVs) commissioned by shipping company Seatankers.These highly versatile vessels can support all manner of offshore construction projects, from the construction and maintenance of offshore wind farms to the installation of subsea infrastructure and much more.Glamox is delivering a comprehensive package of exterior marine-certified LED lights for all four vessels.

Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker, underwent structural modifications, marine system upgrades and the installation of 19 topside production and utility modules at Drydocks World’s Dubai facility.The unit was commissioned by World Carrier Corporation on behalf of Oriental Energy Resources for deployment its Okwok field in Petroleum Mining Lease 15.Once operational…

Marketing in Maritime (MiM), the specialist networking and development community for marketing and communications professionals in the marine and energy sectors, appointed Kae-Ley Brann to a new role of Business Manager.Brann joins at a pivotal time in the Marketing in Maritime journey, as it prepares to embark on an ambitious new chapter as a community-led professional development platform. As Business Manager, she will steer the evolution of Marketing in Maritime’s new ‘MiMbership’ program…

Jifmar Group has completed the transfer of Seacontractors’ fleet of 15 workboats, finalizing a deal signed in August and strengthening its presence in the Middle East and Indian Ocean.The vessels and associated teams formally joined Jifmar on November 19, the company said.The transaction also includes a six-month transfer services agreement under which Seacontractors will continue supporting fleet operations to ensure continuity for clients. The Dubai office team and the seafaring…

AD Ports Group and Abu Dhabi Future Energy Company – Masdar have signed a partnership agreement to collaborate on the development and delivery of offshore wind projects.Under the agreement, the companies will identify opportunities where AD Ports Group can serve as a key partner and contractor for Masdar global offshore wind initiatives.The parties will jointly determine technical requirements for Masdar projects and identify where AD Ports Group can deploy its extensive technical and logistical capabilities…

ABS issued an approval in principle (AIP) to Encomara for its Squid system, an approach that adapts proven disconnectable mooring technology to support floating offshore wind developments.The Squid system builds upon the established Disconnectable Turret Buoy (DTB) concept long used in floating production projects. By utilizing existing, well-understood offshore technology and installation methods, the system aims to enhance safety and reduce complexity during floating wind turbine installation and off-station operations.“The potential efficiency gains…

Equinor has extended the contract for Havila Shipping’s platform supply vessel (PSV) Havila Charisma.Equinor has exercised one year option for Havila Charisma until December 2026.According to Havila Shipping, Equinor has an option for one year thereafter, until December 2027.Havila Charisma is 2012-built PSV of Havyard 833L design. The PSV is 92.8 meters long, with a breadth of 19.6 meters.

This week, the Department of the Interior issued the Draft Proposed Program for the next five year federal offshore oil and gas leasing program, and the response from industry has been positive.Under the new proposal for the 2026–2031 National Outer Continental Shelf Oil and Gas Leasing Program, Interior includes as many as 34 potential offshore lease sales across 21 of 27 existing Outer Continental Shelf planning areas, covering approximately 1.27 billion acres. That includes 21 areas off the coast of Alaska…

The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the second offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Big Beautiful Gulf, or BBG2, is scheduled to take place on March 11, 2026.This sale is the second of thirty Gulf of America oil and gas lease sales required by the One Big Beautiful Bill Act. By committing to a predictable sale schedule, the Department is delivering on President Trump’s promise to expand American energy production and strengthen U.S. energy dominance.

COWI’s supervision and advisory role in the Vaðölduver project marks the first integration of wind energy into Iceland’s electricity generation portfolio. The 120 MWwind farm, led by Landsvirkjun, is the country’s first commercial-scale wind development. The project represents a significant step forward for Iceland’s renewable energy sector, introducing wind power as a new and complementary source alongside the nation’s well-established hydropower and geothermal systems.The Vaðölduver wind farm…

Havila Shipping delivered a stronger third quarter in 2025, reporting improved profit before tax and maintaining high fleet utilization despite softer day rates and several vessels undergoing planned maintenance.According to the company’s quarterly report, freight revenues reached NOK 149.3 million in Q3 2025, up NOK 8.5 million from the same period last year but down sequentially from Q2. Utilization remained robust at 95.3%, although two vessels were temporarily out of service for scheduled yard work.