Offshore and marine services provider Kim Heng Offshore & Marine has bought two anchor handling tugs from Posh Terasea.
The Renewables Consulting Group (RCG) has entered into a contract to provide technical advisory services for the Hiep Thanh nearshore wind farm in Vietnam. RCG’s Richard Clarkson has been appointed Project Director for the 78 MW project, which is due to start permanent construction works in Septembe
Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis.
The global pipeline of offshore wind energy projects which are operational, under construction, consented, or being planned has grown by 37 GW in the last twelve months, new research published by RenewableUK shows. This is an annual increase of 30%, from 122 GW twelve months ago to 159 GW now, Renew
Shipbuilder Hyundai Mipo Dockyard (HMD), part of Korea Shipbuilding & Offshore Engineering Co., has received orders for the construction of four petrochemical carriers.
What will happen next in the upstream M&A and what direction will it take? Is now the time to go on the first buying spree after the COVID-19 outbreak and get the high-value goods at a bargain price? Chevron might agree.
Cortez Subsea in partnership with Alam Maritim has completed the first ever subsea pipeline using the Zap-Lok mechanical connector offshore Malaysia. The project championed technology for faster and more cost-effective completion of subsea pipelay. It also marked a lay rate of 4.7 kilometres in 24 h
DSME will join hands with the Port of Rotterdam Authority (PoR) to realize maritime digitalization by the development of the interface between a smart ship and a smart port.
Vestas has secured a 50 MW order with the Vietnamese EPC construction company, Bac Phuong JSC, for the second phase of the Dong Hai 1 intertidal wind project. This project win comes after Vestas was awarded the first phase of the project in December 2019. With this second phase in place, the 100 MW
Cyberattacks on the maritime industry’s operational technology systems have increased by 900% over the last three years with the number of reported incidents set to reach record volumes by year-end, according to Israeli cybersecurity specialist Naval Dome. Addressing port and terminal operators duri
The increase in metal mining needed to address the transition to renewable energy is drawing increasing attention and has led to a proposal to identify critical minerals for energy security options and identify sourcing challenges. There is an elemental strain between the need to scale up ocean-base
President of South Korea Moon Jae-in has pledged to expand the country’s offshore wind power capacity from the current 124 MW to 12 GW by 2030, according to local media. Moon announced his pledge on Friday, 17 July, during a visit to a turbine research center and the operational 60 MW Southwest Offs
