Offshore News

DRIFT Energy, a leader in ocean-based renewable energy, has signed a collaboration agreement with Enapter to adapt the design of their Anion Exchange Membrane (AEM) electrolyzer technology for deployment at sea. The agreement was formalized during a visit by DRIFT’s CEO, Ben Medland, to Enapter’s production facility in Pisa, Italy, this week.The partnership will accelerate development of the energy storage element of DRIFT’s technology ecosystem, paving the way for the production of over 30 energy ships currently on the company’s order book.

OEG has expanded its offshore wind vessel fleet with the delivery of Fulmar, a new multi-purpose crew transfer vessel (CTV), following successful sea trials.The vessel will operate in U.K. waters and has secured its first charter in Scotland, supporting offshore construction work at the Inch Cape Offshore Wind Farm. The project was awarded to OEG earlier last year and is supported by the company’s specialists based in Edinburgh.Fulmar can accommodate up to 24 personnel for high-speed transfers and can be configured for extended offshore trips.

Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait of Hormuz.Shipping through the Strait between Iran and Oman, which carries around one-fifth of oil consumed globally as well as large quantities of liquefied natural gas, has ground to a near halt after vessels in the area were hit as Iran retaliated against U.S. and…

India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in the Middle East curtailed shipping and halted Qatari output.Government officials and company executives in Japan, Taiwan, Bangladesh and Pakistan said they did not expect an immediate impact as some cargoes due this month had already arrived, but they would diversify their import…

China is the world's largest energy importer and would therefore appear vulnerable to the surge in crude oil and natural gas prices from the conflict between Israel and the United States against Iran.But the opposite is most likely the case, with China's vast stockpile of crude a cushion against price spikes, meaning that any energy-led inflation in the rest of the world will not hit China.It is also possible that China's refiners could reap windfall profits in the event of a prolonged disruption to crude supplies from the Middle East, by ramping up exports of refined products.If Asia's export

European financial markets are under strain as the U.S.-Israeli war on Iran revives concerns about an energy supply shock exacerbating inflation.ING says the euro zone is the most exposed major economy to the conflict, making the region, which has benefited from investor diversification out of U.S. assets, vulnerable to setbacks.Not Good, But 2022 Was WorseThe jump in oil and gas prices evokes memories of Russia's invasion of Ukraine in 2022, which triggered a global energy crunch and hit Europe particularly hard.Since Friday…

Brent rose more than $3 on Tuesday for a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.Brent crude futures LCOc1 were at $80.89 a barrel, up $3.15, or 4.1%, by 0745 GMT. On Monday, the contract surged to as high as $82.37, its highest since January 2025, though it pared those gains to settle 6.7% higher.U.S. West Texas Intermediate crude CLc1 climbed $2.55, or 3.6%, to $73.78 a barrel.

Tidewater Inc. announced its 2025 results with Quintin Kneen, Tidewater’s President and CEO, commenting, “Although 2025 was anticipated to be a down year for the offshore industry, I am pleased to say that by all measures Tidewater was able to successfully navigate these challenges to deliver one of the best years in recent memory, demonstrating the resilience of the company we’ve endeavored to build over the last eight years.”The business generated year-over-year revenue growth, gross margin expansion and average day rate growth.

After a softer 2025, floater backlog is strengthening for 2026 and beyond, driven by early contracting, strong South American demand, and a growing pipeline of 2027+ programs.By the close of 2025, total floating rig backlog days had fallen 25% compared with 2024. This was in large part due to few contract awards coming out of Brazil, the world’s biggest user of floating rigs. As of the end of January 2026 however, the number of rig days already booked for this year is up 4% from…

After a softer 2025, floater backlog is strengthening for 2026 and beyond, driven by early contracting, strong South American demand, and a growing pipeline of 2027+ programs.By the close of 2025, total floating rig backlog days had fallen 25% compared with 2024. This was in large part due to few contract awards coming out of Brazil, the world’s biggest user of floating rigs. As of the end of January 2026 however, the number of rig days already booked for this year is up 4% from the 2025 total.The three rig managers with the biggest increases in contracted days for 2026 versus last year are Turkiye state-owned TPAO, China state-owned China Oilfield Services (COSL) and Well-Safe Solutions, which is based in the UK and primarily competes in the well intervention and workover segments.

Oil surged 9% on Monday after retaliatory Iranian attacks disrupted shipping in the crucial Strait of Hormuz following the weekend's bombing by Israel and the United States that killed Iranian Supreme Leader Ali Khamenei.A sustained jump in prices would threaten a global economic recovery, spur inflation and could push up U.S. retail gasoline prices, a risky result for President Donald Trump ahead of midterm elections this November.The price surge on the restart of trading after the weekend…

The U.S. Department of Energy (DOE) has approved a 12% expansion in exports at Cheniere Energy’s Corpus Christi liquefied natural gas (LNG) terminal in Texas, authorizing additional shipments to non-free trade agreement countries.U.S. Secretary of Energy Chris Wright signed the order allowing exports of up to 0.47 billion cubic feet per day (Bcf/d) of natural gas as LNG from Trains 8 and 9 of the Corpus Christi Stage 3 Project, known as the Midscale Trains 8 & 9 Project.With the latest approval…

Singapore-based Seatrium has delivered a next-generation wind turbine installation vessel (WTIV) to Maersk Offshore Wind, following the completion of sea trials and final readiness evaluations.The custom-engineered vessel is designed to install 15+ MW-class offshore wind turbines and is equipped with a 1,900-tonne main crane featuring a 180-metre hook height.The construction program included heavy-lift operations, full system integration and validation by international classification…

The International Marine Contractors Association (IMCA) has announced it has launched IMCA Skills, their leading, digital, learning hub, which will now be the go-to place for the marine industry’s competence and development needs.The first product on the new platform is the migration of the Dynamic Positioning continuing professional development learning program which is designed to be the first step in bringing all their CPD content together in the secure and easy-to-use platform which will offer improved learning and user experience.It is designed to make professional development simpler…

The U.S. Bureau of Ocean Energy Management has announced its intent to prepare a programmatic environmental impact statement for proposed oil and gas lease sales in the Northern, Central and Southern California Planning Areas of the Outer Continental Shelf.This marks the initial step under the National Environmental Policy Act which initiates the process to analyze a representative California lease sale and inform decisions under the 11th National Outer Continental Shelf Oil and…

Low ship recycling activity could undermine tanker market strength in the coming years, BIMCO said in its February 2026 Tanker Shipping Market Overview & Outlook, even as crude tanker earnings are expected to remain firm in the near term.“We expect continued strong market conditions for crude tankers in 2026 and 2027 despite some weakening in 2027. On the other hand, we forecast that the product tanker market will weaken during both years as fleet and supply growth accelerates…

Germany’s Ernst Russ has acquired two multi-purpose vessels, MV Ronnie and MV Charlie, as part of its long-term fleet strategy to expand exposure to the project cargo segment and strengthen predictable earnings.The Hamburg-based shipowner said both vessels have been fixed on seven-year charters to dship Carriers, a globally operating European company specialized in project cargo, providing long-term employment and improved cash flow visibility.The vessels, scheduled for handover in the first quarter of 2026…

Norwegian oil and gas company Aker BP has extended a contract for Eidesvik Offshore’s platform supply vessel (PSV) Viking Prince.The firm period for the PSV has been extended with approximately two months, and will run to end of April 2026. No additional details about the contract were disclosed.Viking Prince is a 2012-built platform supply vessel (PSV), with a deck area of around 1 050 m2.The 89.6 meters-long, liquified natural gas (LNG)-fueled vessel was upgraded to battery hybrid system and a shore power system in January 2022.

DP World has acquired a 5,000+ TEU container vessel, DP World Chennai, integrating it into its Red Sea Gulf–India service to strengthen trade links between India and the Middle East.The vessel has been deployed on the route with its maiden call at Jebel Ali, lifting DP Wordl Shipping Solutions’ owned capacity to over 6 million TEU and aimed at enhancing schedule reliability across key regional markets."The acquisition of DP World Chennai enhances our capability to offer consistent…

Dutch offshore services provider Boskalis, in consortium with TKF Subsea Solutions, has signed a contract with OWP Gennaker, as developed by Skyborn Renewables, for the supply and installation of inter-array cables for the Gennaker offshore wind farm in the German Baltic Sea.The contract for around 140 kilometers of 66 kilovolt inter-array cables has been classified by Boskalis as sizable, carrying a value between $58 million and $177 million (€50 million and €150 million).Under the agreement…

Dutch offshore services provider Boskalis, in consortium with TKF Subsea Solutions, has signed a contract with OWP Gennaker, as developed by Skyborn Renewables, for the supply and installation of inter-array cables for the Gennaker offshore wind farm in the German Baltic Sea.The contract for around 140 kilometers of 66 kilovolt inter-array cables has been classified by Boskalis as sizable, carrying a value between $58 million and $177 million (€50 million and €150 million).Under the agreement, Boskalis and TKF will deliver the complete inter-array cable system connecting 63 wind turbine generators planned for the project.The cables will be manufactured in the Netherlands by TKF…

CMB Tech reported fourth-quarter core earnings above market expectations on Thursday as robust tanker and dry-bulk markets allowed the Belgian shipping group to lock in charter contracts and sell older ships at high prices.The tanker group said market conditions remain supportive into early 2026, though a potential crude supply surplus later in the year could pressure oil prices and curb transport demand if producers cut output.Earnings before interest, taxes, depreciation and amortisation came in at $322 million for the quarter ended in December…

Intermoor, Acteon’s Moorings and Anchors business been awarded a new contract by Petrobras for the provision of stack-up mooring system services in Brazil.This work will support light-workover interventions and abandonment operations on installed subsea Christmas trees across both anchored and dynamically positioned mobile offshore drilling units (MODUs) and well intervention vessels (WIVs). The assets are located in water depths from 80 to 600 metres.A key strength of this award…

Shell and Greece’s METLEN have signed a memorandum of understanding (MoU) to establish a framework for cooperation in the supply and trading of liquefied natural gas (LNG).Under the agreement, the two companies plan to supply and trade approximately 0.5 to 1.0 billion cubic metres (bcm) of LNG per year over the five-year period from 2027 to 2031.Deliveries are expected to be made to the Greek LNG regasification terminals at Revithoussa and Alexandroupolis.The MoU also envisages…

The Bureau of Ocean Energy announced a Record of Decision reaffirming its prior decisions regarding Gulf of America’s Outer Continental Shelf Oil and Gas Lease Sales 259 and 261. This ROD supports BOEM’s continued commitment to responsible offshore energy development while strengthening environmental safeguards and legal compliance.This decision follows the August 29, 2025, publication of the Final Programmatic Environmental Impact Statement for Gulf of America Regional OCS Oil and Gas Lease Sales and Post-Lease Activities.

Malaysia-based offshore support vessel (OSV) builder Nam Cheong has secured shipbuilding contracts worth $64.5 million from a UAE-based global energy maritime logistics company for the construction of four offshore support vessels, marking its first newbuild contract win in over a decade.The order comprises two dive support vessels (DSVs) and two 60-meter remote operated landing crafts (ROLC), with deliveries scheduled between the second half of 2027 and early 2028. All four vessels will be constructed at Nam Cheong’s Miri Yard in Sarawak…

Marine insurer NorthStandard has entered a two-year partnership with behavior change specialist Signol to offer members discounted access to a crew-focused decarbonization service aimed at reducing fuel consumption and emissions.Under the agreement, Signol will cover onboarding costs and provide preferential rates on its monthly software-as-a-service subscription.NorthStandard said it recognizes the critical role of crews in ensuring safety on board and believes they play an equally…

Swan Defence and Heavy Industries Limited (SDHI) has announced it will complete five offshore support vessels (OSVs) for Kakinada-based San Maritime India, marking a further step in the revival of the Pipavav shipyard.San Maritime has begun docking the vessels at SDHI’s yard in Pipavav for completion under IR Class, after which the ships are expected to serve offshore industry demand.The hulls were acquired by SDHI as part of its acquisition plan for Reliance Naval and Engineering Limited (RNEL) through India’s National Company Law Tribunal (NCLT) process.

DetentionTrackr has launched a new artificial intelligence (AI)-powered maritime intelligence platform designed to centralize global Port State Control (PSC) detention data into real-time operational insight.The DetentionTrackr platform aggregates live detention data from global ports and converts fragmented enforcement records into structured intelligence aimed at improving efficiency and decision-making across the maritime industry.In February alone, 72 vessels were detained across global ports, with 164 detentions recorded worldwide since the start of 2026, according to DetentionTrackr.

Retrofit specialist GLO Marine has announced a $7 million (€6 million) investment in a new integrated assembly and production facility in Galați, Romania, as it seeks to expand its end-to-end vessel upgrade and decarbonization capabilities.The new facility will allow the company to engineer, fabricate, pre-assemble and integrate complex retrofit systems under a coordinated delivery model. Construction is underway, with completion scheduled by the end of the year and production set to begin in February 2027.The project is expected to create around 40 skilled technical roles…

Seatrium has put in motion a series of non-core asset divestments set to complete by early 2026, targeting over $40 million (S$50 million) in annualized operational cost savings.The Singapore-based offshore and marine group said the savings will follow recent divestments of the AmFELS yard in Texas and the GNL Platform Supply Vessels disclosed in 2025, alongside additional transactions earlier.The company said the divestments form part of its strategy to rationalize non-core assets…

Norwegian marine seismic survey services firm SeaBird Exploration, part of SED Energy Holdings, has secured a contract extension for its Fulmar Explorer seismic survey vessel.SeaBird Exploration has signed a three-month contract extension for ocean bottom node (OBN) source work for the vessel in the Western Hemisphere.This extension now commits the 2009-built vessel through mid-June 2026, maintaining the same commercial terms as the original agreement, the company said.The name of the client or the value of the contract extension has not been disclosed.

All-Cash Deal, Expanding Brazil FootprintTidewater Inc. (NYSE: TDW) has signed a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT) in an all-cash transaction valued at approximately $500 million, including the assumption of existing debt.The acquisition significantly strengthens Tidewater’s position in the global offshore support vessel (OSV) market while marking a decisive expansion in…

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue to perform services as a Subsea Equipment Support Vessel (SESV) for Petrobras in Brazil.The contract, valued at $330 million, has a duration of four years, with operations expected to begin in September 2027, following the expiry of the current…

Norwegian ship designer and builder VARD has secured on order from France’s Orange Marine for two additional cable laying and repair vessels of the VARD 9 03 design, to be built at Colombo Dockyard in Sri Lanka.The vessels will be based on the same design as CS Sophie Germain, delivered to Orange Marine in July 2023.The order continues a long-standing collaboration between VARD and Orange Marine that began in 2012, when VARD was selected to design and construct the fiber optic cable laying and repair vessel Pierre de Fermat…

DOF Group has entered into an agreement to purchase the very high-end AHTS vessels Aurora Saltfjord and Aurora Sandefjord.The vessels are 2011-built and feature a bollard pull of almost 400 metric tonnes, making them among the most powerful AHTS vessels globally.The vessels are among the most recently built in their segment (AHTS >300mt bollard pull), a segment which sees no newbuilding activity due to prohibitive newbuilding costs. DOF sees a very strong market outlook for projects that require high-end AHTS vessels in the years to come…

Wärtsilä Gas Solutions has secured a contract to supply LNG cargo handling and fuel gas supply systems for two 20,000 cubic meter liquefied natural gas (LNG) bunkering vessels under construction at Zhejiang XinLe Shipbuilding yard in China.The vessels will be owned by a Hong Kong-based shipowner. The order was booked in the fourth quarter of 2025.The contract covers the delivery of LNG cargo handling and fuel gas supply systems, including system engineering and design, as well…

MacGregor has been selected to supply cargo access solutions and deck machinery for four new major vessels under BC Ferries’ fleet renewal program.The next-generation vessels, to be built at China Merchants Industry (CMI) Weihai Shipyard, are designed as diesel-battery hybrid, all-electric ready ships intended for BC Ferries’ busiest routes between Vancouver Island and the Lower Mainland in Canada.MacGregor will provide the cargo access equipment along with a dedicated Integrated Logistic Support (ILS) package.

President Donald Trump denounced a clean energy agreement between the United Kingdom and California Governor Gavin Newsom hours after it was signed on Monday, Politico reported.In an interview with the outlet, Trump said it was "inappropriate" for Britain to be dealing with the Democratic governor. Trump, a Republican, also branded Newsom "a loser," saying "his state has gone to hell, and his environmental work is a disaster.”Newsom is an outspoken Trump critic and has publicly…

DOF Group ASA announced the award of a substantial contract for a project in Argentina. The project is scheduled for offshore operations across two campaigns in Q2 and Q3-Q4 of 2026 and will encompass mooring pre-lay, pipeline end manifold installation/construction management, tie-in spools installation, hook-up and pre-commissioning of two CALM buoys, and diving services. DOF will utilize Skandi Hera and Skandi Patagonia for the project with an expected combined duration of more than 250 days.Preparations are underway…

Jifmar Group and Seavium have formalized a strategic partnership to deploy digital and artificial intelligence (AI) driven capabilities across Jifmar’s fleet and internal workflows, as offshore operators accelerate adoption of data-driven operations.Under the agreement, more than 80 vessels from Jifmar’s fleet will be integrated into a unified digital ecosystem aimed at improving fleet visibility, standardizing technical information and strengthening preparation and delivery of…

Energy and marine consultancy ABL has been appointed to provide marine warranty survey (MWS) services to support the offshore construction for the Phase 4 development of the Kamose offshore gas field development in the Mediterranean Sea for North Sinai Petroleum Company (NOSPCO).The Kamose Phase 4 development, which is located at the Eastern flank of the Nile Delta, envisages the construction and installation of three new offshore production platforms monopods, named Hoor-1&2…

Norwegian offshore support vessel owner Havila Shipping has secured contract with Equinor for its platform supply vessels (PSVs).The contract has been signed for Havila Herøy PSV, for an operation planned to be 136 days.The start is expected to be in first half of March, the company said.Built in Havyard Leirvik in 2009, Havila Herøy PSV is 80.4 meters long and has a deck space of 805 m2.

Kongsberg Maritime has unveiled a consolidated Digital Solutions portfolio and introduced KM Performance, a new solution aimed at improving operational efficiency, reducing emissions and supporting regulatory compliance in marine transportation.The Norwegian marine technology group presented the harmonized portfolio at a digital launch event in Oslo, outlining a unified approach to maritime digitalization. The move brings together legacy systems including K-IMS, Vessel Insight…

Island Offshore’s new hybrid Ocean Energy Construction Vessel (OECV) has been launched to the water at Vard Shipyards Romania in Brăila.The 120-meter vessel, labeled NB 977, is designed to support offshore operations with reduced environmental impact. The vessel, of VARD 3 25 design, will be equipped with a 250-tonne heave-compensated subsea crane, DP2 capability and accommodation for up to 130 personnel.The hybrid-powered vessel will feature a 1.7 MWh energy storage system for hybrid propulsion, a heat recovery system and engine sets prepared for alternative low-emission fuels.

Recent discussions with industrial teams have underscored how rapidly the digital “threatscape” is evolving across global energy systems, from oil and gas to chemicals, specialty gases, power generation, and transmission and distribution networks, says ABS Consulting Technical Director, Global Energy, Marco Ayala.The petrochemical sector must manage cyber risk amid supply chain and cyber vulnerabilities.Facing volatile energy prices, margin compression, supply chain disruptions and evolving regulatory requirements…

Maritime and critical infrastructure cybersecurity specialist Cydome has introduced a cybersecurity solution designed for offshore wind farms and other remote energy facilities that can be deployed without physical installation.The new offering, Cydome Embedded for Remote Energy Facilities, deploys as a virtual container on existing VSAT routers and other network edge devices, enabling cybersecurity protection and compliance without requiring technicians to access offshore sites.Offshore wind operators face increasing regulatory requirements and cyber threats…

BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel.The floating production, storage and offloading (FPSO) concept is designed to process up to 3 million cubic meters of gas per day, producing more than one million tonnes of ammonia annually.It incorporates carbon capture technology designed to…

Tree C, a Dutch virtual and augmented reality specialist for the offshore and remote handling industry, has announced it will develop a training simulator for Fleeming Jenkin, described as the world’s largest cable laying vessel (CLV), owned by Jan De Nul.The simulator is intended to allow inexperienced crew members to become familiar with onboard equipment, practice procedures and operate systems before deployment offshore.It will feature an integrated control system designed to replicate the vessel’s onboard experience…

GustoMSC, through its parent company NOV, has secured contracts for the design and supply of critical equipment for Hanwha Ocean’s new wind turbine installation vessel (WTIV), based on the GustoMSC NG-16000X design, with delivery scheduled for the second quarter of 2028.The vessel will be the fourth based on the NG-16000X platform, following an initial U.S.-built unit and two vessels for Cadeler currently under construction at Hanwha Ocean.Designed to support Korea’s offshore wind ambitions…

The German Shipbuilding and Ocean Industries Association (VSM) is calling on European leaders to adopt a pragmatic industrial strategy as debate intensifies around a proposed “Buy European” approach tied to public spending in strategic sectors.In a statement issued during an informal meeting of the European Council in Belgium, VSM argued that requiring a defined level of European value creation in publicly funded projects should not be framed as protectionism. Instead, the association…

NYK Bulk & Projects Carriers (NBP), a member of the NYK Group, has operated a methanol dual-fuel bulk carrier using low-carbon methanol fuel for the transportation of copper concentrate for BHP Group, achieving an approximately 65% reduction in greenhouse gas (GHG) emissions on a well-to-wake basis compared to conventional fuel.The initiative marks what the NYK Group said is the world’s first use of low-carbon methanol fuel on an oceangoing bulk carrier, based on its research.The vessel, Green Future, was delivered in May 2025 as the NYK Group’s first methanol dual-fuel bulk carrier.

The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition.The lab builds on a 2024 memorandum of understanding between the two organizations and is supported by cash investments from Seatrium. It is designed as a joint industry-academia platform for applied learning, workforce development and industry-driven innovation in shipyard and offshore operations.Over the next three years…

Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a fleet of 73 drilling rigs.The combined company will have an enterprise value of roughly $17 billion, with Transocean shareholders expected to own about 53% of the merged entity and Valaris shareholders the remaining 47% on a fully diluted basis.The transaction will combine fleets to form a portfolio of 73 offshore rigs…

Belgian oil tanker group CMB.TECH has agreed to sell two very large crude carriers (VLCCs) in a transaction expected to generate a capital gain of about $98.2 million.The vessels sold are 2012-built, 314,000 dwt Ingrid and Ilma VLCCs.The ships are scheduled to be delivered to their new owner in the second quarter of 2026.CMB.TECH said the capital gain, calculated based on the net sales price and book values of the vessels, will be recognized in the second quarter of 2026.

Nexra, Cadeler’s dedicated service concept, has signed a firm contract for the execution of an offshore wind operations and maintenance (O&M) campaign in Taiwan.The contract, with an undisclosed client, has an expected value exceeding $23.6 million (EUR 20 million) and will be executed across two offshore wind farms in Taiwan.The campaign will commence in March 2026, will run for three to four months, and will be carried out by Cadeler’s wind installation vessel Wind Maker.The…

New Zealand has shortlisted contractors to build a liquefied natural gas (LNG) import facility to boost energy security, provide a reliable backup power source and support economic growth, Energy Minister Simon Watts said on Monday.The government aims to sign a contract by the middle of this year for an import facility in Taranaki, on the country's North Island, that would be ready to receive LNG in 2027 or early 2028.The model will allow LNG to be imported in large shipments and only when needed…

Progress on the BorWin6 Project continues with the successful completion of a fabrication yard milestone in Jebel Ali, United Arab Emirates. Mammoet has completed the transport, loadout and mooring of the 5,461-ton offshore jacket foundation, set to support the BorWin6 offshore converter platform BorWin kappa in the German North Sea. Developed by TenneT and delivered by McDermott International, the BorWin6 offshore grid connection is a 980-megawatt high voltage direct current connection that will transmit offshore wind energy from the German North Sea to the mainland…

Kongsberg Maritime has been hired by Consórcio Marenova to design and equip four methanol- and ethanol-ready handy-size product tankers for Petrobras Transporte (Transpetro).The vessels will be built by Consórcio Marenova, a partnership between Ecovix in Rio Grande and MacLaren in Niterói, and will be operated by Transpetro.Kongsberg Maritime said the contract is valued at more than $31 million (NOK 300 million) and includes delivery of complete ship design and a range of integrated systems.These include propulsion systems with Promas and controllable pitch propellers…

Mitsui O.S.K. Lines (MOL) has taken delivery of a new liquefied petroleum gas (LPG) dual-fuel very large gas carrier (VLGC), Energia Grandeur.The vessel was ordered by MOL group company MOL Energia from Hyundai Samho Heavy Industries, with delivery taking place off Mokpo port in South Korea on January 29, 2026.Energia Grandeur will operate under a time charter contract for CSSA Chartering and Shipping Services SA, a subsidiary of TotalEnergies.The vessel is a dual-fuel carrier capable of operating on LPG and heavy fuel oil.

Norwegian vessel owner Solstad Offshore has signed a letter of intent (LoI) with client for its Normand Tonjer construction support vessel (CSV).According to Solstad Offshore, area of operation for the vessel will be Asia-Pacific. The contract has a duration of 225 days, including mobilization, with further options thereafter, and will start in February 2026.The commercial terms and conditions are confidential between the parties.Normand Tonjer is a CSV built in 2010. The vessel…