Shipping disruptions through the Red Sea are pushing the amount of oil in transit to record levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR).
An AHTS vessel from Siem Offshore has been hired for the rest of the year by an undisclosed firm, which is said to be an international oil major.
Jan De Nul Group has purchased an electric remotely operated vehicle (ROV) from UK subsea engineering and technology company SMD for what is said to be the world’s largest cable-laying vessel (CLV). SMD’s Quantum EV will be integrated into Jan De Nul’s new CLV Fleeming Jenkin and deployed to offshor
Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel for floating and fixed installations in the offshore wind market, as well as for offshore oil & gas. Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstei
Damen Marine Components (DMC), a Dutch supplier of maneuvering systems, has been contracted to supply rudder systems for four pure car and truck carriers (PCTC) ordered by China’s BYD, the world’s biggest electric vehicle (EV) maker.
UK-based maritime autonomy solutions company Exail has introduced its transoceanic uncrewed surface vessel (USV), the Drix 0-16, that can deploy multiple payloads and subsea assets. With an autonomy of 2,500 Nm and a “unique naval architecture”, this USV can endure harsh ocean conditions and was eng
The six-month test period of the Pyxis Ocean, a Kamsarmax vessel retrofitted with two WindWings, has confirmed significant fuel savings, underscoring the potential of wind-assisted propulsion technology to support the shipping industry’s decarbonization efforts.
Following conversion, DEME Group’s subsidiary G-tec has welcomed a new survey vessel that can completely run on biofuel to its fleet. The survey vessel Karina is equipped with a hull-mounted dual-head multibeam, side scan sonar, sub-bottom profilers, magnetometers and gradiometers frames to serve va
Hanseatic Nature, an expedition cruise vessel owned by Germany’s Hapag-Lloyd Cruises, has been given the green light by classification society DNV to use shore power.
Oceanbird revealed that a tender design for the world’s first wind-powered roll-on/roll-off (RoRo) vessel has been finalized.
Norway’s VARD has awarded Dutch Huisman with a contract to deliver two subsea cranes for a highly customized hybrid power cable lay and construction vessel that it is building for what it says is a leading Japanese construction company. Huisman will deliver a full electric 250mt hybrid boom subsea c
The Red Sea shipping crisis could result in nearly tripled costs for shipping companies in 2024 due to significantly higher exposure to the EU Emission Trading System (EU ETS).
Boskalis’s offshore energy division saw 50% of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on March 7. Company-wide, Boskalis reported a 20% increase in revenue and a 150% higher net profit than in 2022.
Following a retrofit campaign, TDI-Brooks’ new research vessel has arrived on the U.S. East Coast where it will perform offshore wind work. The RV Nautilus, formerly known as Nautical Geo, reached the shores of the East Coast on March 3 after undergoing a six-month retrofit in Las Palmas. The 75-met
