Offshore

Transocean hints possibility for merger

The Swiss-based offshore drilling company, Transocean Ltd. (Transocean) hinted on the possibility of merging with Seadrill Ltd. (Seadrill), a rival company within the same industry. As the news spread within, according to industry so..

News > Offshore > 2024-10-29 09:26:05

PIL-SSES completes vessel bunkering inaugural

Pacific International Lines (PIL) and bunkering supplier, Shanghai SIPG Energy Service (SSES), successfully completed the inaugural Liquefied Natural Gas (LNG) bunkering of PIL’s first LNG-powered container vessel, Kota Eagle, on ..

News > Offshore > 2024-10-29 09:00:00

Hapag-Lloyd investigates wind assisted propulsion

German shipping company Hapag-Lloyd is investigating a concept design for a 4,500 TEU wind-assisted container ship, with plans for a similar 6,000 TEU vessel. At a recent conference hosted by the Royal Institution of Naval Architects an..

News > Offshore > 2024-10-28 09:36:40

Wood to deliver front-end design for SLNG

Wood, a global leader in consulting and engineering, has been awarded the front-end engineering design (FEED) contract for the development of Singapore’s Second liquefied natural gas (LNG) Terminal by Singapore LNG Corporation (SL..

News > Offshore > 2024-10-28 09:30:48

Van Oord's vessel 'Calypso' makes official debut

Van Oord’s brand new cable-laying vessel Calypso has made its official debut by installing cables on its first offshore wind project. After the Nexus, the Calypso is Van Oord’s second cable-laying vessel. Custom-built and fe..

News > Offshore > 2024-10-28 08:59:46

Mitsui OSK Lines agrees on FSRU charter

Mitsui O.S.K. Lines Co., Ltd. is pleased to announce that it has entered into an agreement with Singapore LNG Corporation Pte. Ltd. and one new FSRU agreed on the terms of a long-term time charter contract, and the project was announced..

News > Offshore > 2024-10-24 09:38:05

Capital's PSV order increases

Evangelos Marinakis-led Capital Offshore Management is increasing its orders for Platform Support Vessels (PSVs). On September, the Greek shipowning company commissioned China's Fujian Mawei Shipbuilding to construct eight (four ..

News > Offshore > 2024-10-24 09:28:04

Reach Subsea granted EU Innovation Fund

Reach Subsea has been granted funding of up to EUR 14.3 million from the EU Innovation Fund under the Net Zero Technologies initiative. "This is a significant step forward for Reach Subsea’s innovation agenda, theReach Rem..

News > Offshore > 2024-10-24 08:57:43

PaxOcean delivers Indonesia's first FPSO

PaxOcean Group proudly announces the successful delivery of Indonesia’s 1st Floating Production Storage and Offloading (FPSO) vessel conversion to SKK Migas, Medco E&P Natuna Ltd (Medco E&P) and Hanochem Tiaka Samudera..

News > Offshore > 2024-10-23 08:59:22

AHTS price sees two-fold surge

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 ..

News > Offshore > 2024-10-22 09:25:12