Vessels News

Deployable Energy has signed a Memorandum of Understanding with Hornbeck Offshore to transform five strategic maritime and offshore markets through the utilization of Deployable Energy's Unity Nuclear Battery. Hornbeck Offshore has also made a strategic investment in Deployable Energy.The collaboration will combine Deployable Energy's transportable microreactor technology with Hornbeck Offshore's marine operating fleet expertise to develop maritime nuclear applications in inland waterways…

Corvus Energy has entered into a strategic partnership with Belga Marine to deliver specialized local support, expert aftermarket battery system services, and on-the-ground spare parts storage to efficiently meet the needs of Brazil’s expanding fleet of battery-powered offshore support vessels (OSVs).Brazil now boasts its largest-ever OSV fleet, with nearly 500 vessels currently in operation and many more anticipated in the near future. Notably, Petrobras is investing substantially in both decommissioning outdated assets and renewing the fleet…

C-Job Naval Architects and Glomar unveiled the design of a next-generation Offshore Support Vessel (OSV) that the pair claims provides a breakthrough in versatility and sustainable engineering.Purpose-built as Glomar’s first vessel of its kind, the design eliminates the need for multiple specialized ships. Engineered for peak performance across diverse offshore tasks — from subsea inspections and cable trenching to ROV operations — this vessel sets a new industry benchmark as a “Swiss Army knife” for offshore work.“This project reflects C-Job’s drive to deliver innovative…

Moby Robotics is a new entrant to the subsea swarm autonomous robotic space, created in 2025 and aiming to take a leadership role in the discovery and recovery of subsea minerals market.The race to secure critical minerals from the deep ocean has accelerated dramatically over the past two years, driven by geopolitical concerns, energy transition goals and growing demand for rare earth elements. While much of the industry's attention has centered on regulatory debates and large mining contractors…

As the market moves toward the end of the summer season in the northern hemisphere, several offshore support vessels are expected to roll off their contracts over the coming months. Shipowners are thus already positioning tonnage for the winter and next summer season. The CSOV market has remained tight over the past three months with multiple spot fixtures above EUR 60,000 per day.Throughout the season the market has also seen nine newbuilds delivered since early May, but the market has absorbed the additional tonnage without difficulty.

Seatrium Limited entered into a Letter of Intent (LOI) with Golar LNG Limited to advance a potential third Floating Liquefied Natural Gas (FLNG) conversion project to be undertaken by Seatrium for Golar.Under the arrangement, Seatrium and Golar will work together to advance technical design development and project definition activities, with the objective of finalising an Engineering, Procurement and Construction (EPC) contract in the second half of 2026. An upfront consideration…

Cadeler completed the final turbine installation at the 960 MW He Dreiht Offshore Wind Farm in the German North Sea. The final turbines were installed by Wind Keeper, under its long-term contract with Vestas.Cadeler’s scope of the installation campaign was executed using two of Cadeler's offshore wind installation vessels. Wind Orca commenced the project in April 2025 before Wind Keeper took over the remaining installation scope in the first quarter of 2026 under Cadeler's long-term contract with Vestas announced last year.

A wave of new investment in dedicated shuttle tankers has been spurred by the age profile of the existing fleet coupled with surging developments in the Brazilian offshore market.Constituting a specialized asset class, dynamic positioning (DP) shuttle tankers are a flexible and cost effective way of lifting and transporting oil from offshore fields, where subsea pipelines are not a practical or economically viable option.Production platforms or floating units are increasingly located in deepwater areas prone to challenging weather and hydrological conditions…

Offshore wind installation contractor and operator Cadeler has acquired Menck, a global provider of specialist equipment and technology solutions for offshore foundation installation based in Germany.The acquisition strengthens Cadeler’s offshore wind installation capabilities. Cadeler intends to continue operating Menck as a standalone business, preserving its independent market position while strengthening its role as a key supply chain provider across the offshore wind industry.Combining…

DOF has been awarded firm contracts with a combined duration of 150 days for two of its AHTS vessels in the CARICOM region (Caribbean). DOF will also provide ROV services for the engagement.The two vessels will commence transit to the region shortly. The combined value of the contracts is “significant”, which DOF defines as contracts with value between $15 and $25 million.

Cadeler has signed firm contracts with COSCO Shipping Offshore shipyard in Qidong, China, for the construction of two new T-class offshore wind installation vessels, scheduled for delivery in 2030 and 2031.The new T-class series vessels have been engineered to be the largest and most capable vessels ever introduced to this market. They are designed to tackle increasingly complex projects with greater efficiency, versatility and performance.Earlier this year, Cadeler secured the…

SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain.The agreement provides dedicated stimulation capacity to support the development of tight offshore reservoirs and help maximize recovery from future wells.As part of the contract, MV Island Captain will be converted into a fully proppant-capable stimulation vessel.Planned upgrades include expanded proppant storage…

Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules.Brent crude futures LCOc1 were up 85 cents, or 1.03%, at $83.34 a barrel by 0634 GMT. U.S. West Texas Intermediate futures CLc1 rose 52 cents, or 0.67%, to $77.81.Oil futures settled up more than $3 a barrel on Thursday as Iran reviewed a bill to ban U.S.

China-based offshore wind foundations manufacturer Dajin Heavy Industry has delivered KING TWO, the second 40,000 DWT heavy deck carrier in its self-developed and self-built KING series.The delivery represents a step in expanding the company's offshore vessel-building capabilities, marking the transition of the vessel class into standardized batch construction following the commercial deployment of KING ONE.KING TWO has an overall length of 239.8 meters, a beam of 51 meters, a 12…

Saipem and Subsea7 have cleared a key U.S. regulatory hurdle for their planned merger after the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 expired, allowing the transaction to close in the United States once all remaining conditions are met.The companies said all applicable waiting periods under the U.S. antitrust law have expired, while noting that the proposed merger remains subject to certain regulatory approvals outside the United States.The merger was agreed under a binding agreement signed in July 2025…

Dutch lifting equipment specialist Huisman has secured a contract from CIMC Raffles Offshore to supply lifting and handling systems for a next-generation deepwater offshore installation vessel being built for a joint venture between Solstad Offshore and SBM Offshore.The contract covers an integrated equipment package comprising a 350-tonne A-frame, a 500-tonne knuckle boom crane, a 20-tonne auxiliary crane, and a 2,500-tonne basket for the storage of flexibles, fiber ropes and…

DOF Group has secured long-term contract extensions with Petrobras for the Skandi Buzios and Skandi Recife pipelay support vessels (PLSVs), extending both contracts into January 2028.Following negotiations with Petrobras, Skandi Buzios was awarded a 516-day extension, while Skandi Recife secured a 550-day extension, DOF said.The contracts had previously been due to expire in the third quarter of 2026.Both vessels are owned by a joint venture between DOF and TechnipFMC, with each company holding a 50% interest.

A drone caused the fire that engulfed two gas vessels at Egypt's Mediterranean port of Damietta, the Egyptian cabinet said on Thursday, confirming for the first time that the blaze which erupted a day earlier was the result of an attack rather than an accident.No party has claimed responsibility, and authorities were continuing their investigations and taking necessary measures to protect Egypt's national security, the cabinet added.British maritime security firm Ambrey said on Wednesday that a drone had hit a U.S.-owned gas storage tanker at the port…

A QatarEnergy-controlled liquefied natural gas tanker exited the Strait of Hormuz overnight, the first such vessel recorded by ship-tracking data leaving the waterway since July 11, data from analytics firms showed on Thursday.The Al Areesh, which loaded a cargo at Qatar's Ras Laffan terminal around July 4 to July 6, sailed on July 29 from the strait blockaded in the Iran war, data from Kpler and LSEG showed.LSEG data shows it is currently heading to Port Qasim in Pakistan, estimated to arrive on July 31.

Northern Lights joint venture has taken delivery of its fourth dedicated liquefied CO2 (LCO2) carrier, completing the vessel fleet required for the first phase of its carbon capture and storage (CCS) transport and storage operations.The Northern Purpose has arrived in Norway following delivery from Dalian Shipbuilding Offshore Company (DSOC), joining sister vessels Northern Pioneer, Northern Pathfinder and Northern Phoenix to provide CO2 transport capacity for customers across Europe.Northern Lights said the vessel fleet forms the core of its transport solution…

Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters on Wednesday, scuppering hopes for a resolution to the impasse that has choked off Gulf trade for months.Oman proposed a new regional deal aimed at resolving the conflict over the critical strait, through which about a fifth of global oil and liquefied natural gas flowed before the U.S. and Israel attacked Iran in February.However, Tehran ruled out Oman's proposal for regional joint management of the strait, saying it had no chance of success.The U.S.

Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a new report from ABS.Produced by ABS in collaboration with Intelatus Global Partners, Floating Offshore Wind and the Vessels That Support It examines the role large anchor handling tug supply vessels (AHTSs) and multipurpose support vessels (MPSVs) are expected to play in project execution…

Iranian Foreign Minister Abbas Araqchi said on Sunday a Ukrainian attack on an Iranian commercial vessel "cannot go unanswered".Iran said the attack in the Caspian Sea resulted in an explosion that killed one sailor and injured another.Araqchi made the comments in calls with EU foreign policy chief Kaja Kallas and Russian Foreign Minister Sergei Lavrov, Araqchi posted on X.Lavrov, in a statement posted on the Russian Foreign Ministry's website, offered condolences in connection with the death of a sailor in the attack.Lavrov said Araqchi thanked local authorities in the Russian region of Astra