Efficiency First: Inside Olympic Subsea’s Bet on Greener Offshore Vessels
A new generation of hybrid vessels is demonstrating significant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led efficiency is the fastest path to decarbonization—and a powerful business case.When Stig Remøy began pivoting Olympic Subsea toward subsea and renewables a decade ago, the move was met with some internal skepticism. “Naturally, there were internal discussions — some believed oil and gas was the future,” he recalled.
Offshore Service Vessels: Regional Bright Spots Emerge
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers. In the past year, the Baker Hughes overall count of U.S. rigs working has declined. September 2025’s U.S. Rig count of…
Offshore Service Vessels: Regional Bright Spots Emerge
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers. In the past year, the Baker Hughes overall count of U.S. rigs working has declined. September 2025’s U.S. Rig count of 537 was down from a year earlier figure close to 600.The overall numbers for rigs deployed mirror the offshore rig counts. Westwood Global Energy Group, using data from RigLogix…
Goltens, WE Tech Partner Up on Energy-Efficient Marine Retrofits
Goltens Worldwide and Finland’s WE Tech Solutions have signed a memorandum of understanding (MOU) to promote and deliver advanced marine retrofit projects aimed at improving vessel energy efficiency and cutting emissions.Under the agreement, Goltens will act as WE Tech’s preferred global retrofit partner, supporting the rollout of the Finnish company’s energy-optimization technologies across the commercial shipping fleet.“Goltens brings global reach, outstanding technical capability, and a trusted track record in large-scale retrofit execution.
Webinar: Seequent Unlocks Subsea Intelligence
Whether you're in offshore wind, grid operations, geotechnical engineering, or digital transformation, this session, in conjunction with Offshore Engineer, will offer actionable insights, live demos, and expert opinions on:Why cable heat matters — from environmental impact to dynamic ratingHow to build better ground models using connected workflows and 3D subsurface dataHow thermal analysis drives smarter decisions with predictive modeling for route design and optimizationWhy Attend?Subsea cable heating is more than a technical challenge — it’s a strategic opportunity.
DOF Nets BP’s Subsea Services Job in Atlantic
Norwegian offshore supply vessel owner DOF Group has secured a contract with BP for the provision of subsea services in the Atlantic region.The three-year firm and two-year options contract will see DOF deploy a high-capability subsea vessel asset to support BP with subsea construction, installation, repair, and maintenance (IRM) operations.Offshore operations are expected to begin in the first quarter of 2026.Financial details related to the agreement, including rates and overall revenue…
Cadeler Inks $580M Offshore Wind T&I Contracts
Danish offshore wind installation firm Cadeler has signed two firm contracts covering the full-scope transportation and installation (T&I) of offshore wind turbines and their foundations for an upcoming offshore wind farm development, with a combined value of around $580 million.The foundations T&I campaign is set to begin in early 2029 and to be executed using one of Cadeler’s newbuild A-class vessels.The contract marks the the third full-scope foundation T&I campaign for Cadeler.The…
Death Toll Rises to 11 in Rohingya Boat Tragedy off Malaysia, Dozens Missing
The number of people confirmed dead after a boat carrying members of Myanmar's persecuted Rohingya community sank near the Thailand-Malaysia border rose to 11 on Monday, authorities said, with about 70 people believed to have been on board the capsized vessel.The status of another boat carrying 230 passengers remained unclear, Malaysian authorities said, adding that 13 survivors had been found so far, mostly Rohingya. Thai authorities said they had recovered four bodies, including two children…
Trump Finalizes US Gulf Lease Sale, Proposes Alaska Sale
The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump refers to as the Gulf of America, will make about 80 million acres available. The sale, which will take place on December 10, will be the first of 30 sales in the region through 2040 that were included in Trump's tax law which he signed in July.The Gulf's offshore continental shelf spans roughly 160 million acres…
Odyssey Marine Seeks U.S Offshore Lease for Mineral-Rich Sand Mining
Odyssey Marine Exploration said on Friday it has sought U.S.
JERA Nex bp Sees Full Commissioning of Ostend Hydrogen Refueling Station
JERA Nex bp, a global offshore wind company, has seen the full commissioning into an operational state of a new hydrogen bunkering facility in the Port of Ostend.The Ostend Hydrogen Refueling Station seeks to fill a critical gap in the flow of green hydrogen from production to maritime users, acting as a proof of concept of what is possible in decarbonizing offshore wind at sea. During its demonstration phase in 2025, the station in Ostend will initially serve one hydrogen-powered Crew Transfer Vessel…
Major Offshore Renewables Emergency Exercise Tests Industry Response
The UK offshore renewables sector has been put through its paces in a major emergency response exercise designed to test coordination among industry, government, and emergency services during a large-scale offshore incident.Organized by the Offshore Renewable Energy Emergency Forum (OREEF), the triennial TRIREX exercise — titled Exercise Blyth — brought together Ocean Winds, Police Scotland, HM Coastguard, Esvagt, Vestas, and other stakeholders at the Moray East Offshore Wind Farm to conduct realistic emergency response drills.The two-day exercise…
China Commissions First Domestically Built Aircraft Carrier
The commissioning of China's latest aircraft carrier this week marks a new chapter in its military modernisation effort but security analysts and regional diplomats say tough challenges lie ahead before it can be made fully operational.President Xi Jinping attended the commissioning and flag-presenting ceremony of the Fujian in Hainan province on Wednesday, and boarded the vessel for an inspection tour, the official Xinhua news agency reported on Friday.The Fujian is China's third aircraft carrier…
Wärtsilä, Sinocrew Launch Advanced Maritime Training Centre in China
Finnish technology group Wärtsilä and Sinocrew Maritime Services have inaugurated an advanced maritime simulation and training centre in Beihai, China, to support the next generation of seafarers in the Asian cruise industry and advance the adoption of decarbonization technologies.The Beihai International Seafarer Training Center (BISTC) will provide simulation-based training focused on cruise ship operations and sustainable maritime practices. The project aims to equip seafarers…
DeepOcean and Jana Marine Enter Saudi Arabia Subsea Partnership
Ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services have signed a heads of terms agreement to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East.The intended joint venture, to be named JADE Subsea Services, plans to enter into a five-year charter agreement with Jana Marine for a newbuild DP2 hybrid diving support vessel (DSV) capable of performing subsea construction, inspection…
Sercel Awarded Five-Year Marlin Support Contract by ExxonMobil Guyana
Sercel announced the award of a five-year technical support and maintenance contract by ExxonMobil Guyana Ltd. for the Marlin Vessel Tracking and Alerts (VTA) software solution, delivered to the client in 2024. Sercel will provide comprehensive technical support, system maintenance, and ongoing software enhancements for the Marlin VTA solution currently being deployed by the client to enhance operational safety and increase situational awareness of vessel movements offshore Guyana.
Seatrium Divests Non-Core Platform Supply Vessels For $59.7m
Seatrium Limited has announced that it has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading Ltda, an unrelated third party, to sell 100% equity interest in its indirect wholly-owned subsidiary, Guanabara Navegação Ltda (GNL). GNL is a special purpose vehicle that owns two units of platform supply vesselsThe total consideration for the sale of GNL is $59.7 million. This accretive divestment is in line with the Group’s strategic intent to divest non-core assets to enhance capital and operational efficiencies…
Incat Crowther Designs OSV for Carpentaria Marine
Carpentaria Marine Services, a marine services provider in northern Australia, is expanding its fleet after commissioning Incat Crowther to design a new multi-purpose offshore support vessel.Construction of the vessel, which will be deployed across northern and eastern Australia including Cape York and the Gulf of Carpentaria, is now underway at Richardson Devine Marine’s shipyard in Hobart, Australia.The new vessel will be utilized by Carpentaria Marine for a range of services including marine construction, dive operations, underwater surveying and remotely operated vehicle operations.
Company Consolidation Forms NYK Bulkship Partners
Three shipping and ship-management companies within the NYK Group - Asahi Shipping Co, Hachiuma Steamship, and Mitsubishi Ore Transport Co - entered into a merger agreement on to integrate their business operations.The companies entered into a merger agreement on October 28, 2025, and will integrate their operations under the new company NYK Bulkship Partners.As of September 30, 2025, number of owned vessels by the new company and its subsidiaries is 21, with 90 managed vessels.“NYK…
Witherbys to Introduce New Oceanographic Research Vessel from 2026
Maritime publishing and digital training group Witherbys has unveiled plans to introduce a new oceanographic research vessel, the MV Sea Ranger, from 2026 to support its technical development, real-world navigational studies and maritime training programs.The MV Sea Ranger will support Witherbys’ mission to enhance maritime knowledge and safety through research directly linked to shipboard operations.It will strengthen the delivery of computer-based training programs, both via Witherbys’ eBook Reader Witherby Connect…
Maritime Firms Launch PntGuard to Counter GPS Spoofing Surge
Tschudi Shipping Company, NAL Research and Norway-based SGM Technology have launched PntGuard, a maritime navigation system designed to detect and counter increasing cases of GNSS and GPS signal spoofing at sea.The standalone bridge system alerts crews the moment a vessel’s official position is falsified and provides authenticated location data when satellite navigation inputs are compromised.Developers say the product aims to address the growing risk of electronic interference and manipulation of ship positions…
Kongsberg to Spin Off Maritime Unit, Combine Defense Businesses in Strategic Split
Kongsberg Gruppen has proposed spinning off its Kongsberg Maritime business in a separate stock market listing and consolidating its Kongsberg Defence & Aerospace and Kongsberg Discovery units into a single technology and defense company.The group said sustainability and security trends have driven strong growth over the past decade and are expected to continue shaping demand, making focused specialist businesses better positioned for global opportunities.The Norwegian state, which owns 50% of Kongsberg…
Sanctioned Russian LNG Tanker Makes STS Transfer Off Malaysia
A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export terminal also under Western restrictions, according to two analytics firms.The operation appears to be the first known STS transfer of sanctioned Russian LNG, despite Western efforts to curb Moscow's energy revenues over its war in Ukraine.The LNG tanker Perle, which was sanctioned by the United States in January, had been…
How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance
Sponsored WebinarHow Hot Is Your Cable? Seequent Unlocks Subsea IntelligenceCable temperature drives ampacity, reliability, and lifecycle costs. See how subsurface models and field data help predict, monitor, and manage thermal performance to keep offshore power flowing.Date: Thu, Nov 13, 2025Time: 12:00 GMT / 7:00 AM ETFormat: Live online • 45–60 minutes + Q&AWhy Attend?Subsea cable heating is more than a technical challenge — it’s a strategic opportunity.
Mermaid Subsea Wraps Up North Sea Subsea Recovery Project
Mermaid Subsea Services (UK) has completed a fast-track subsea recovery campaign in the North Sea for a major operator.The operation involved the internal and external severance of casing, conductor, guide pipe and cement lines, as well as local seabed excavation and recovery of the CAN-Basic structure.Mermaid also handled waste management of recovered items and backfill operations to prepare for an over-trawl survey. “This was a time-critical project, and our team responded with professionalism and agility to ensure safe and efficient delivery.
Hull Delivery Brings Near-Zero-Emission Vessel Captain Arctic Closer to Launch (Video)
The construction of Captain Arctic, a 69-meter near-zero-emission exploration vessel designed for sustainable cruising in polar waters, has reached a major milestone as its hull was completed by Goltens Dubai, marking the start of final outfitting and integration work.The vessel, owned by French company SELAR and built in collaboration with Chantier Naval de l’Océan Indien (CNOI) and Goltens Dubai, represents a major step in the integration of renewable energy systems into modern…
Toqua, Weathernews Join Forces for AI-Driven Vessel Voyage Optimization
Weathernews, a Japan-headquartered weather intelligence firm, and Belgium’s Toqua, a developer of physics-informed AI for ship performance modeling, have entered a strategic partnership to integrate vessel-specific performance models into Weathernews’ voyage optimization systems.The collaboration aims to improve fuel efficiency and operational predictability by combining Toqua’s AI-trained vessel performance models with Weathernews’ weather routing and optimization algorithms…
U-Ming, Purus Set Up JV to Expand Asia-Pacific Offshore Wind Ops
U-Ming Marine Offshore (UMO) and Purus have teamed up to form UPO Holdings (UPO), a joint venture aimed at expanding offshore wind operations in Taiwan and the region.UPO is commissioning two state-of-the-art VARD 419 Commissioning Service Operation Vessels (CSOVs), each 88 meters long and designed explicitly for Taiwan’s operating conditions.The vessels will be equipped with Seaonics All-Electric Walk-to-Work (W2W) 3D gangways, enhanced DP2 dynamic positioning, and hybrid propulsion…
QatarEnergy Inks 17-Year LNG Supply Deal with India’s GSPC
QatarEnergy has signed a 17-year sales and purchase agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1 million tons per annum (MTPA) of liquefied natural gas (LNG) to the Republic of India.Pursuant to the terms of the SPA, the contracted LNG volumes will be delivered ex-ship to terminals in India, starting in 2026.The SPA between QatarEnergy and GSPC builds on their first long-term LNG supply agreement signed in 2019.“We are delighted to extend our valued partnership with GSPC through this long-term SPA…
Alfa Laval UK Expands Dry-Dock Services to Cut Vessel Downtime
Marine technology company Alfa Laval UK has enhanced its dry-docking support services for shipowners, introducing pre-docking audits and customized spare parts packages designed to reduce turnaround times and extend fleet uptime.The initiative is part of the company’s strategy to turn dry-docking, typically seen as a cost burden, into a performance opportunity through better planning and tailored maintenance support.A key feature of the new service is condition auditing carried out up to six months before dry-docking.“By auditing systems months before docking…
Havila Shipping Gets Another Deal for Havila Borg PSV
Norwegian offshore support vessel owner Havila Shipping has signed a contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, signed on market terms, is planned to be in direct continuation of existing contract for a firm period until late fourth quarter 2026, with further options for extension up to two years.To remind, Havila Shipping and Peterson Den Helder signed a contract for the PSV back in March 2025.Built in 2009, Havila Borg features Havyard 832 design. The PSV is 78.6 meters long, with the breadth of 17.6 meters and deck of 800 m2.
Seatrium Wins Cruise, Naval, Offshore Repair and Upgrade Contracts
Seatrium has secured a series of repair and upgrade contracts worth an aggregate of about S$170 million ($131 million). All works are slated for completion by the first quarter of 2026.Seatrium continues to reinforce Singapore’s status as a premier hub for cruise ship upgrades and retrofits. Leveraging its high-quality workmanship and engineering capabilities, the Group attracts a high proportion of repeat business and has been a trusted partner for various major global cruise ship operators.
Astro Offshore Introduces New Multipurpose Support Vessel
Astro Offshore, an Adani Group Company, announced the addition of Astro Achernar, its 50th vessel, marking a defining moment in the company’s journey of rapid expansion and continued success.The 88-meter DP2 Diesel Electric Multipurpose Support Vessel (MPSV) is equipped with accommodation for 222 personnel and a 100-ton ACH crane, enhancing Astro’s offshore support and subsea capabilities. The milestone follows a period of growth for Astro Offshore. Over the past six weeks, the company has added seven new vessels to its fleet…
ASL Marine Secures $100M in Chartering, Vessels Sale Deals
ASL Marine Holdings, through its wholly owned unit ASL Offshore & Marine, has secured new ship chartering contracts worth a combined $63.1 million and signed vessel sale agreements totaling $42.3 million.The chartering contracts, which span approximately two years, cover a range of vessels including tugs, work boats, crane barges, cargo barges, hopper barges and grab dredgers.According to ASL Marine, the vessels will support marine infrastructure projects in Singapore.Separately…
Norwegian Customs Service Orders VIKING Patrols Boats
VIKING Life-Saving Equipment, a maritime safety solutions specialist and supplier of high-performance boats, has signed a contract with the Norwegian Customs Service (Tolletaten) to deliver a new fleet of cutting-edge patrol and fast response craft.The new boats will strengthen Tolletaten’s maritime capabilities and support its law enforcement and inspection duties in Norwegian waters.The agreement covers the delivery of four VIKING Norsafe boats including one Marathon S-900, powered by twin 350 HP Mercury engines…
Otto Candies Buys Four MPSVs from Harvey Gulf International Marine
U.S.-based offshore and marine services company Otto Candies has acquired four multi-purpose support vessels (MPSVs) from Harvey Gulf International Marine.The vessels acquired by Otto Candies are the Harvey Blue-Sea, Harvey Sub-Sea, Harvey Deep-Sea, and Harvey Intervention. The value of the transaction was not disclosed.Otto Candies said the acquisition represents a meaningful step forward in the continued growth of its fleet to accommodate evolving needs of the offshore energy…
French Offshore Wind Sector Impacted by Government Crisis
Offshore wind developers and equipment suppliers are bracing for a slowdown in business in France where a political crisis has stalled changes to the country's energy framework and government tenders.The threat of a further hit to France's economy comes after data released on Friday shows business activity declined faster than expected in October.President Emmanuel Macron has churned through six prime ministers in two years as a fractured legislature struggles to agree on a belt-tightening budget.
Antitrust Probe Sinks MSC-Moby Ferry Partnership in Italy
Italy's antitrust regulator said on Friday that Shipping Agencies Services (SAS), a unit of maritime group MSC, would drop its acquisition of a 49% stake in ferry operator Moby after the watchdog opened a probe into alleged restriction of competition.Moby, majority-owned by Onorato Armatori group, runs ferries linking Italy's mainland to tourist islands such as Sardinia and Corsica.The Italian authority, which opened an investigation into the acquisition last year, said the deal could have weakened competition on routes where Moby and ferry company Grandi Navi Veloci (GNV), controlled by SAS,
Japanese Firms Join Forces to Mass-Produce Smalls USVs for Maritime Ops
NYK’s Group company Keihin Dock has signed a joint demonstration agreement with Oceanic Constellations (OC), an ocean-tech startup, seeks to establish a mass-production system for small unmanned surface vehicles (USVs).The move aims to accelerate the development of innovative solutions to tackle industry-wide marine challenges in Japan.OC plans to implement a world-first approach to consistent ocean monitoring by deploying multiple USVs equipped with sensors and communication…
First Export Cable Laid at Scotland’s 1.1GW Offshore Wind Farm
Enshore Subsea has installed the first of two offshore export cables at Inch Cape offshore wind farm, using the CMOS Installer cable laying vessel.Operating from the Port of Blyth, the vessel installed the first of two 85-kilometre export cables for the 1.1 GW offshore wind farm, being built off the east coast of Scotland.The 220 kV, three-phase export cable was installed in three 28-kilometre sections.Once operational, the cable will transmit power from the offshore wind farm to the project’s new onshore substation under construction at Cockenzie…
Pakistan Navy Confiscates Almost $1B Worth of Narcotics in Arabian Sea
The Pakistan navy said on Wednesday it seized narcotics worth about $972 million in the North Arabian Sea in an operation with a Saudi-led task force.The navy's YARMOOK ship, operating under the Saudi-led Combined Task Force of the Combined Maritime Forces, carried out the operation, the navy said in a statement.(Reuters - Reporting by Asif Shahzad)
US Military Kills Five in Eastern Pacific Strikes on Suspected Drug Vessels
The U.S. military killed five alleged drug smugglers in strikes against two vessels in the eastern Pacific Ocean, U.S. Defense Secretary Pete Hegseth said on Wednesday, in an expansion of the Trump administration's use of the armed forces in its counter-narcotics campaign.On Wednesday afternoon, Hegseth said the military attacked a vessel in the eastern Pacific Ocean and killed two men on Tuesday. It was the first known U.S. military operation in the Pacific since President Donald Trump kicked off a new offensive against the drug trade.Hours later…
Dual Pre-FEED Wins Propel ECOnnect’s LNG IQuay Regas Terminal
ECOnnect Energy has signed two pre-Front End Engineering and Design (pre-FEED) contracts for its IQuay Regas Terminal, a modular floating regasification system designed to offer faster, more flexible alternatives to conventional onshore and floating LNG terminals.The IQuay Regas Terminal combines a Floating Storage Unit (FSU), a modular floating regasification platform known as the R-Class, and either subsea or floating pipelines for high-pressure gas transfer to shore. The system’s compact…
DOF Books Contract Extensions for Two Subsea Vessels
Norwegian offshore supply vessel owner DOF Group has secured contract extensions for two of its subsea vessels, both operating in Guyana.The contract extensions are for Skandi Nomad and Skandi Constructor, which will remain on duty for one more year each.Following the extensions, Skandi Nomad is contracted until the fourth quarter of 2026 and Skandi Constructor until the second quarter of 2027.Skandi Nomad is a 2010-built vessel, designed for subsea operations across a wide range of water depths and environmental conditions.Skandi Constructor is a 2009-built vessel…
HD KSOE Gets DNV’s Blessing for Nuclear-Powered Container Ship Design
Classification society DNV has awarded HD Korea Shipbuilding & Offshore Engineering (HD KSOE) an Approval in Principle (AiP) for a new 15,000 TEU container vessel design powered by Small Modular Reactor (SMR) technology.The design demonstrates the application of SMR technology in a 15,000 TEU container vessel, capable of operating at 24 knots.The vessel concept incorporates a supercritical CO2-based power generation system, which can provide higher thermal efficiency and a reduced…
Stillstrom Introduces New Hires, Technology Advances
Stillstrom by Maersk, a marine technology leader delivering offshore power and charging solutions, has strengthened its leadership team with key senior appointments in Copenhagen and Aberdeen.Nikolaj Stald has joined as Chief Commercial Officer (CCO) at the company’s HQ in Copenhagen. Nikolaj brings over 15 years’ offshore wind experience and will lead the commercial strategy to drive adoption of offshore charging as a cost-effective decarbonization pathway. Prior to Stillstrom…
Wärtsilä, TMS Cardiff Gas Extend Maintenance Pact for Seven LNG Carriers
Technology group Wärtsilä and TMS Cardiff Gas have renewed their existing Lifecycle Agreement, covering the two-stroke main engines onboard seven LNG Carrier vessels, for a further five years.The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling and optimizing time between overhauls (TBO).The seven vessels each operate with two WinGD 5X72DF dual-fuel two stroke engines and Wärtsilä gas valve units.The scope of the agreement includes Wärtsilä’s Dynamic Maintenance Planning service…
Jan De Nul’s Largest Cable Laying Vessel Hits Water in China (Video)
Belgian marine contractor Jan De Nul has launched its newest cable laying vessel (CLV), the Fleeming Jenkin, at the CMHI Haimen shipyard in China, which has now entered the final phase of construction ahead of delivery planned for second half of 2026.The 215-meter-long vessel has a loading capacity of 28,000 tonnes, making it the world’s largest of its kind.Jan De Nul will use the vessel to install subsea cables for the transmission of renewable energy, as the Fleeming Jenkin was specifically designed to install longer and heavier cables in ultra-deep waters up to 3…
Nuclear-Powered Ships on Distant Course to Net-Zero Horizon, DNV Finds
Growing environmental pressures are reviving interest in nuclear propulsion as a potential long-term route to decarbonize shipping, DNV said in a new paper, despite there being no civilian nuclear-powered vessels built for more than four decades.DNV’s latest report, Maritime nuclear propulsion: Technologies, commercial viability, and regulatory challenges for nuclear-powered vessels, highlights how maritime nuclear technologies differ from land-based reactors, and emphasizes the need to address technological…
Lloyd’s Register, DYNAMARINe Launch Audit Scheme for STS Transfer Ops
Lloyd’s Register (LR) has entered into strategic collaboration with Greece-based DYNAMARINe to launch an independent auditing program aimed at improving the safety, transparency and performance of ship-to-ship (STS) transfer operations worldwide.Under the new framework, LR’s auditors will assess STS service providers in line with standards set by the Oil Companies International Marine Forum (OCIMF) guidelines, while also reviewing risk data and operational records compiled by DYNAMARINe.
Vard Picks SMST to Supply Equipment for North Star’s New SOVs
Dutch offshore equipment supplier SMST has secured a new contract from Norwegian shipbuilder Vard for the delivery of two sets of mission equipment to be installed on an additional two of North Star’s newbuild Service Operation Vessels (SOVs).These vessels are part of a long-term charter agreement between shipowner and operator North Star and energy company RWE.SMST previously supplied similar equipment for the first two CSOVs, the Grampian Eagle and Grampian Kestrel, which are also set to operate for RWE.RWE…
Delivery of Next-Gen Subsea Vessel from Turkish Shipyard Hits Delay
The delivery of the next-generation construction support vessel (CSV), under construction at Turkish Sefine Shipyard for Norway’s Eidesvik Offshore and Agalas, has been delayed for later in 2026.The delivery of the CSV, which will feature a battery hybrid system and be capable of operating on methanol, has been rescheduled from early 2026 to the third quarter of the same year.The vessel, named Viking Vigor, will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the majority owner with 50.1%.The newbuild will be equipped to perform inspection, maintenance and repair (
US Exports Record Levels of Natural Gas to Mexico
U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico's demand for natural gas increases, the U.S. Energy Information Administration said on Monday.On an annual basis, U.S. natural gas pipeline exports to Mexico averaged 6.4 bcfd in 2024, a 25% increase compared with 2019 and the highest on record in data going back as early as 1975, the EIA report stated."Total consumption of natural gas in Mexico increased from 7.7 bcfd to 8.6 bcfd during the same time (2019-2024) period…
Russia’s Arctic LNG 2 Loads Another Tanker
A liquefied natural gas tanker has left Russia's Arctic LNG 2 after loading a cargo there, according to data compiled by LSEG and analytics firm Kpler, as the project continues output despite Western sanctions over Moscow's war in Ukraine.The Christophe De Margerie tanker arrived at Arctic LNG 2 on October 17 and departed loaded on October 20, according to Kpler data. Shipping database Equasis lists the tanker's registered owner as Zelitiko Shipping, and its ship or commercial manager as Gas Carriers SCF Management…
Maritime Voices: Clint Winegar, Presiding Officer, Houston Pilots
The Houston Ship Channel is one of the nation’s busiest and most vibrant shipping lanes, a key corridor for energy and chemicals. Keeping operations running smoothly involves the Houston Pilots, facilitating more than 20,000 vessel assists each year. Clint Winegar, Presiding Officer, Houston Pilots, discusses the organization in the round, explaining how the Houston operation remains one of three in the country that still utilizes station boat. With Maritime Reporter TV he breaks down the idiosyncrasies of the operations…
US Pressure on India Could Propel Russia's Shadow Oil Exports
Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just push more Russian oil into an increasingly large shadow market.The U.S. president said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, an agreement India has yet to confirm.India has become a major trade buyer of Russian oil since Moscow’s invasion of Ukraine in 2022. It purchased 1.9 million barrels per day (bpd) of Russia’s crude in the first nine months of 2025…
Poland Eyes Bids to Expand Floating LNG Terminal
Poland will seek binding offers for capacity that would be available in the expanded floating liquefied natural gas terminal near Gdansk following ample interest from shippers, the country's gas pipeline operator Gaz-System said on Monday.Gaz-System is building a terminal with a regasification capacity of 6.1 billion cubic meters (bcm) of gas per year and considering adding a second unit which could regasify 4.5 bcm annually."Nearly half of the regasified LNG would be exported to Ukraine…
Another TSO Enlists Njord Survey for Offshore Wind Support Services
Swedish firm Njord Survey has entered into a frame agreement with Energinet, Denmark’s national transmission system operator (TSO), covering site and route survey services for offshore wind and subsea cable projects.The long-term collaboration reinforces Njord Survey’s position as provider of services to the offshore renewable sector.It follows the agreement company signed earlier in October with German TSO 50Hertz to deliver geophysical and ROV seabed survey service in support…
Tidal Transit Opts for Eco-Friendly Cleaning Solution for its CTV Fleet
U.K.-based Tidal Transit has deployed a range of eco-friendly maritime cleansers from sustainable cleaning solutions specialist Terrafend to help maintain its expanding fleet of crew transfer vessels (CTVs).Designed to replace the multiple hazardous, solvent, caustic and acid-based cleaning products, Terrafend’s NEMO range of water-based cleansers will help transform Tidal Transit’s vessel cleaning process with just two all-purpose solutions.NEMO’s Super Concentrate and Power Gel are non-flammable…
Fincantieri, Defcomm to Jointly Advance Naval Units and Surface Drones
Italian shipbuilder Fincantieri has signed a strategic agreement to accelerate the development of autonomous surface units developed by Italian start-up Defcomm, which specializes in unmanned solutions for the maritime sector.The agreement focuses on a co-investment partnership to accelerate the development and industrialization of surface drones designed by Defcomm, which have already passed long run and endurance tests.These drones are designed for surveillance, intelligence…
Navigating Nuclear Energy in Maritime with Lloyd’s Register at Helm
Lloyd’s Register (LR) has published a new guidance document, providing the first roadmap for the safe and responsible use of nuclear technology in commercial shipping and offshore industries.As the maritime sector accelerates its transition towards sustainable energy solutions, nuclear power has re-emerged as a viable solution to achieve net-zero ambitions. The guidance, Navigating Nuclear Energy in Maritime, was developed in partnership with Global Nuclear Security Partners (GNSP) and marine insurer NorthStandard.It sets out the practical steps project teams must take…
Floating Power: ST Engineering, Siemens Energy to Build Estrella del Mar IV
ST Engineering’s Marine business and Siemens Energy have been awarded a second contract by Transcontinental Capital Corporation (Bermuda), a subsidiary of Seaboard Corporation, to deliver Estrella del Mar IV, a barge-mounted power plant to Santo Domingo in Dominican Republic.The new power plant will be based on its predecessor, the Estrella del Mar III, which was commissioned in 2022.When completed, it will enhance the Dominican Republic’s energy infrastructure with greater efficiency…
DEME Welcomes Norse Wind WTIV for Giant Offshore Wind Turbines
Belgium-based offshore installation services company DEME has taken delivery of its new wind turbine installation vessel (WTIV) Norse Wind at the CIMC Raffles Shipyard.Designed to install the next generation of offshore wind turbines, the vessel combines advanced technology and sustainable design features to offer enhanced installation capability.Built by CIMC Raffles and designed by GustoMSC, Norse Wind is equipped to install turbines with rotor diameters of more than 300 meters and XXL monopiles weighing up to 3…
South Korea’s HMM Places $2.8B Order for 14 New Ships
South Korea’s largest shipping company HMM has ordered 12 new 13,000 TEU-class eco-friendly container ships from Korean shipbuilders, as well as two very large container ships, for a total of $2.82 billion.The 12 containerships will be built by HD Hyundai Heavy Industries and Hanwha Ocean, and all of them will be LNG-fueled vessels, HMM said.The details for the other two very large containerships, reportedly ordered by the company, have not been disclosed.According to the company…
Russia’s 44 Tanker Shadow Fleet Takes Hit as UK Imposes Sanctions
Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 44 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualification, transport restrictions, and a ban on British trust services.The two companies were considered strategically significant to the Kremlin…