Seatrium Takes Ninth FSRU Conversion from Karpowership
Seatrium has been awarded the conversion of Karpowership's LNGT Akdeniz into a floating storage and regasification unit (FSRU), marking the ninth FSRU conversion project between the companies.Work on LNGT Akdeniz is scheduled to start in the first quarter of 2027, with Seatrium responsible for engineering, conversion, integration, installation and commissioning of the vessel's regasification equipment and associated systems.The converted vessel will have regasification capacity of up to 600 million standard cubic feet per day and will join the LNG fleet of Kinetics…
Vard Expands Ship Design Operations in Vietnam
Norwegian shipbuilder Vard, part of Fincantieri, has opened a new design and engineering office in Ho Chi Minh City, Vietnam, and plans to grow its workforce there to more than 40 engineers in the coming years.The new Vard Design and Engineering Vietnam center brings together engineers working across structural design, piping and machinery, HVAC, naval architecture, hydrostatics, stability and marine electrical disciplines.The office expands Vard's ship design and engineering capacity in Vietnam and will work as part of the company's international design network…
Reach Subsea Keeps Deep Cygnus Subsea Vessel for Another Year
Reach Subsea has exercised a one-year option to extend the charter for Deep Cygnus subsea vessel from Havila Subsea & Renewables, keeping the vessel in its fleet through March 2028.The original charter, announced in July 2022, covered a four-year period with an option for an additional year. Deep Cygnus has been part of Reach Subsea's fleet since 2023.The vessel is equipped for inspection, maintenance and repair (IMR), survey and light construction work across the offshore energy and renewables sectors.Deep Cygnus is a subsea construction…
Iran Set to Keep Hormuz Shut Until Seven Demands Are Met
The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, state media reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday.Iran presented a proposal during the UN General Assembly under which the Strait of Hormuz waterway could be reopened and normal maritime passage restored within seven days if the conditions were met, with the US replying to this proposal last week via Qatari intermediaries."The position of the Islamic Republic of Iran is completely clear and firm…
DOF Nears Large Contract for I-Class Vessel
DOF Group has received a letter of intent for a contract valued at between $50 million and $100 million that would secure work for one of its I-class vessels in the first half of 2028.The scope includes DOF's in-house project management and engineering, as well as procurement and logistics support services.The company expects the full contract award to be confirmed by mid-November 2026.DOF Group did reveal any additional details regarding the client, vessel or project involved.
Acta Marine Christens Vestas-Chartered CSOV Newbuild
Dutch offshore vessel owner Acta Marine has christened its commissioning service operation vessel (CSOV) Acta Hercules in IJmuiden, the Netherlands, as the company moves closer to completing its four-vessel newbuild program.Acta Hercules was delivered earlier this year as the second vessel in the series and is already deployed under a long-term charter supporting offshore wind operations for Vestas.The vessel is equipped with methanol dual-fuel engines and an advanced battery energy storage system…
DNV Backs Blue Ammonia FPSO Concept from BW Offshore and McDermott
BW Offshore's blue ammonia floating production, storage and offloading (FPSO) concept, jointly developed with McDermott, has received Approval in Principle (AiP) from DNV, advancing the proposed offshore low-carbon ammonia production solution towards further design development.The AiP provides an independent, risk-based assessment of the concept at an early stage and establishes a basis for further design development, certification and classification.Unveiled in February, the…
Golden Energy’s PSV Gets Two New Charters
Golden Energy Offshore Services (GEOS) has secured two new charter contracts for its large platform supply vessel (PSV) Energy Swan with a combined estimated firm value of about $8.7 million.The first contract has a firm duration of about one month, with additional options, and is scheduled to start in October 2026.The second will deploy Energy Swan on the Norwegian Continental Shelf for an estimated firm period of 290 days, with options for about another 500 days. The charter is expected to start in January 2027.If all options under the two new contracts are exercised…
Siemens Energy Picks EST-Floattech for Marco Polo's CSOV Battery System
Siemens Energy has contracted EST-Floattech to supply a battery system of more than 1 MWh for Marco Polo Marine's new CSOV Plus, a vessel designed to work in both offshore wind and oil and gas operations.The Octopus High Energy battery system will support hybrid and dynamic positioning operations aboard the vessel, which is being built by Marco Polo Marine at its shipyard in Batam, Indonesia. Siemens Energy is the system integrator for the hybrid power plant.During dynamic positioning…
DEME Installs Final Monopile at Nordlicht I Offshore Wind Farm
DEME has installed the 68th and final monopile at Vattenfall's 980 MW Nordlicht I offshore wind farm in the German North Sea, completing the project's monopile installation campaign.The milestone follows installation of the first monopile in July and the first transition piece in August. DEME carried out the monopile campaign using its offshore installation vessel Orion.Nordlicht I is located about 85 kilometers north of the German island of Borkum and is set to become Germany's…
IWS Places $300M Order for Four New Skywalker-Class CSOVs
Integrated Wind Solutions (IWS) subsidiary IWS Fleet has ordered four Skywalker-class commissioning service operation vessels (CSOVs) for a combined firm yard price of around $301 million (€260 million), expanding its owned fleet from six to 10 CSOVs.The four vessels, priced at around $75 million (€65 million) each, will be built by Nantong Rainbow Offshore & Engineering Equipment and delivered in 2029 and 2030 under fixed-price turnkey contracts.IWS Fleet has also secured options for another four vessels at the same firm prices…
Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia
Höegh Evi and Petroleum Sarawak (PETROS) have agreed to jointly develop, own and operate a proposed LNG import terminal in Kuching, Malaysia, targeting first gas by the end of 2029.The Kuching LNG Terminal will comprise a floating storage and regasification unit (FSRU), mooring infrastructure, subsea and onshore pipelines and onshore receiving facilities.The project will form part of the Kuching Low-Carbon development in Sarawak and supply natural gas for power generation in Kuching.
South Korea's $200B US Investment Plan Leaves Alaska LNG Uncertain
US President Donald Trump unveiled plans on Wednesday for South Korea to invest some $200 billion in US projects, but Seoul quickly suggested one key element, a $54 billion pipeline for an LNG project in Alaska, was not yet set in stone.The announcement from the White House amounted to the first set of major projects under a broader $350 billion strategic investment package South Korea made as part of a trade agreement with Washington last year. The package included $150 billion…
Windward Offshore Names New CSOV
Windward Offshore celebrated the official naming of its Commissioning Service Operation Vessel (CSOV), Windward Munich, in Hamburg on September 22, bringing together customers, partners and representatives from the Offshore Wind and Maritime Industries at the dawn of WindEnergy Hamburg.The ‘Windward Munich’ is the third vessel in the Windward offshore fleet. Built by VARD Vung Tau in Vietnam, she is the first of two vessels in the fleet to feature a helicopter landing deck. She follows the ‘Windward Athens,’ delivered in September 2025, and the ‘Windward Paris,’ delivered in January 2026.
India to Auction Offshore Mineral Blocks in Andaman Sea
India's federal Ministry of Mines said on Wednesday it would launch the auction of offshore mineral blocks in the Andaman Sea on Thursday, reviving a push to develop domestic deep-sea mining after an earlier attempt failed to draw bids.The auction will cover two blocks in the Andaman Sea for the grant of a composite licence, the ministry said, adding that the move followed changes to the law in 2023 that allowed it to auction offshore mineral blocks.India announced its first offshore mineral auction in November 2024, offering 13 blocks, but cancelled that sale in December 2025 after repeated d
Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair
Solstad Maritime has been awarded contracts for two anchor handling tug supply vessels (AHTS) for drilling support work in the Asia-Pacific region.The combined firm value estimated at the upper end of a $10 million and $30 million range, according to the Norwegian vessel owner.The contracts for the Normand Scorpion and Normand Saracen have a combined firm duration of 475 days and are expected to start in the second and third quarters of 2027.The agreements also include a combined 400 days of options beyond the firm periods.Both vessels measure 87.4 meters in length with a 21-meter beam.
BSM Expands Offshore Services with OffshoreCrew Investment
Bernhard Schulte Shipmanagement (BSM) has agreed to acquire a 50% stake in Norwegian offshore recruitment and crewing specialist OffshoreCrew, expanding its services for offshore and maritime customers.Kristiansand-based OffshoreCrew provides recruitment, staffing and crew management services for the oil and gas, offshore wind and subsea sectors, supported by a database of around 30,000 offshore professionals.The investment will expand BSM's offshore crewing capabilities beyond its existing technical and crew management services…
SSE Picks Montrose Port for 1.4GW Scottish Offshore Wind Farm Ops Base
SSE has selected Montrose Port as the preferred operations and maintenance base for its planned 1.4 GW Berwick Bank B offshore wind farm off Scotland, a move expected to create 100 full-time jobs.The new operational hub will be located at Montrose Port's South Harbour, with technicians and engineers responsible for the day-to-day operation of the wind farm over its expected life of more than 35 years.Around 30 additional jobs will be supported during construction of the base, which will involve redeveloping Montrose Port Authority's existing offices.Berwick Bank B…
Oil Rises for Second Day as Middle East Supply Risks Persist
Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran outweighed signs of recovering crude exports from the region.Brent crude futures for November LCOc1 rose $1.71, or 1.6%, to $106.99 a barrel at 0626 GMT, while the more actively traded Brent December contract LCOc2 rose $1.68 to $99.51 a barrel. Meanwhile, US West Texas Intermediate crude CLc1 was at $94, up $1.4, or 1.5%.A day earlier…
Dajin Picks Ulstein Design for Offshore Installation Vessel
Dajin Heavy Industry has selected Ulstein's ULSTEIN HX122 design for an offshore installation vessel capable of installing future 4XL monopiles, expanding the offshore wind foundation supplier's activities into offshore installation.The vessel, designed by Ulstein Design & Solutions in the Netherlands, is intended to install monopiles, jacket foundations and offshore substations. It will also be capable of supporting oil and gas construction and decommissioning work.The project will expand Dajin's capabilities beyond manufacturing…
Mermaid Maritime Forms Nigerian Subsea Joint Venture
Mermaid Maritime has established a joint venture with Nigerian oilfield services company Marine Platforms Limited to pursue subsea work for TotalEnergies Nigeria and other oil and gas operators in the country.The new company, Mermaid Subsea Services Limited, will be 49% owned by Mermaid Subsea Oil and Gas Services, a wholly owned subsidiary of Mermaid Maritime, while Marine Platforms will hold 51%.The venture is intended to allow direct operational engagement with TotalEnergies Nigeria and other oil and gas companies while meeting Nigerian local content…
Qatar-Linked LNG Tankers Resume Hormuz Transits
More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait of Hormuz in the last week despite the US-Iran conflict.In August, Kpler data showed no visible transits by Qatar-linked LNG vessels or vessels carrying cargoes from the Ras Laffan gas terminal, amid fears of attack by Iran, which has tried to throttle traffic through the Strait.Some may have got through undetected if they kept their transponders off, but this month, visible…
LD Armateurs Adds Multi-Purpose Vessel to its Fleet
Louis Dreyfus Armateurs (LD Armateurs) has taken delivery of the DP2 multipurpose support vessel TVO Mariner for its LD TravOcean subsidiary, expanding its capacity for subsea cable installation, repair and protection work.The vessel, delivered to the group in mid-September, will support telecommunications cable installation and repairs, trenching and deepwater ROV operations, as well as offshore wind projects.“The TVO Mariner gives us full ownership on project execution for submarine cable installation and repairs, trenching services and deep water ROV operations.
