Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel to international waters even as the criminal probe continues, police said on Sunday.The Coo...
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Norway Commits to Bunkering US Navy Vessels After Boycott Call
NATO member Norway will continue to supply fuel for U.S. Navy ships, the country's defence minister said on Sunday, after a call from a private marine fuel supplier to stop doing so in response to the apparent breakdown in U.S.-Ukrainian relations."We…
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ST Engineering Hires Kongsberg to Equip New W2W Vessel
Kongsberg Maritime has secured a contract for the design and integrated equipment package for a new walk-to-work offshore service vessel (OSV), to be built by ST Engineering Marine in Singapore for an oil and gas company.The 97-metre vessel of Kongsber...
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Valmet Hooks Methanol Automation Order for Jan de Nul’s CLVs
Finland-based Valmet has booked an order for a marine methanol fuel automation control system for two cable-laying vessels (CLVs) being built for Jan de Nul in China.The vessels will be built in the China Merchants Heavy Industry (Jiangsu) shipyard for...
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Beacon Offshore’s Shenandoah FPS Reaches US Ahead of Deepwater Installation
The Shenandoah floating production system (FPS) has been transported to the Gulf of America ahead of wet tow and offshore installation at the Shenandoah deepwater field at Walker Ridge project site, developed by Texas-based exploration and production c...
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Cadeler’s Newbuild Offshore Wind Vessel Secures Work in US
Danish offshore wind installation firm Cadeler has signed a firm contract for the deployment of its newbuild offshore wind vessel, the Wind Pace, at an offshore wind farm located in the United States.This will be the first time Cadeler’s second P-Class...
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A New Thriller About an Amazing Rescue
In the early days of dynamic positioning, the 1960s and 70s, commercial deepsea divers soon learned how good their support vessel’s DP footprint was. Their lives depended on it. If a vessel slowly, or worse still, rapidly, moved off position…
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Dealing with Hydrogen
This week, the European Commission presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.It was generally well received by European shipowners and ports, and it was…
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IMO Getting Ready to Seal the Deal on a GHG Emissions Pricing Mechanism
There were no major breakthroughs in the on-going discussions about a universal levy at the IMO's Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) last week. Any GHG emissions pricing mechanism is going to mean big ch...
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Tidewater’s 2024 Net Income Jumps
Tidewater has announced that its net income for the 12 months ended December 31, 2024 was $180.7 million, compared to $97.2 million for the previous year.The company’s revenue for the three and 12 months ended December 31, 2024 of $345.1 million and $1...
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