Norway’s Island Offshore has signed a one, option two, contract with ship designer and builder, Vard, for an ultra-flexible hybrid power DP2 ‘ocean energy construction vessel’ due for delivery in the first quarter of 2027.
One of the world’s largest offshore vessel owners Tidewater was a driver of consolidation in the sector towards the end of a lengthy downturn.
Tankers, dry bulk vessels, container ships, chemical tankers and offshore wind vessels all contributed to the first results from a new-look Euronav.
