The newbuild price of offshore vessels are surging thanks to the optimistic fundamentals of offshore energy development projects. According to the UK-based maritime data provider, vesselsvalue, the price of AHTS rose by two-fold ..
At the OFFSHORE KOREA 2024 which is being held in Busan's BEXCO convention center from October 16-18, HD Hyundai Heavy Industries (HHI) received official basic approval from American Bureau of Shipping (ABS) regarding two types of f..
At the OFFSHORE KOREA 2024 exhibition, which is being held in Busan from October 16 to October 18, Hanwha Ocean will be displaying its number-one technological prowess regarding offshore facilities. In this exhibition, Hanwha Oce..
Industry experts are forecasting steady growth for the Wind Turbine Installation Vessel (WTIV) market in the coming years. According to industry sources and foreign media, Mikkel Gleerup, CEO of the Danish shipping firm Cadeler, re..
Damen Shipyards, Windcat and CMB.TECH are celebrating the launch of the first of six Commissioning Service Operation Vessels (CSOV). The launch marks the inauguration of Windcat’s ‘Elevation Series’ of future-proof off..
North Star has secured its first contract for a commissioning service operation vessel (CSOV), a second award with EnBW, further establishing the company’s growing presence in the European offshore wind sector. This award for t..
SLB’s OneSubsea™ joint venture was recently awarded a major contract by Petrobras, following a competitive tender, for the Roncador project, offshore of Brazil. As part of the project scope, OneSubsea™ will provide two..
The industry’s first comprehensive rules for floating nuclear power plants have been unveiled by American Bureau of Shipping (ABS) at a forum for nuclear industry leaders held jointly with Idaho National Laboratory (INL). Held ..
C-Innovation (C-I) has signed a new three-year contract with bp for field development, and inspection, maintenance, and repair (IMR) work. The contract, which has options for two one-year extensions, is for the provision of two subse..
An expert expressed an opinion that the large-scale offshore vessel investment from Greek shipowners will not lead to the risk of excessive supply within the market. According to Fearnley Offshore Supply, Evangelos Marinakis-..
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