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.
Svitzer has taken delivery of Svitzer Babitonga the final tug in a series of six sister vessels from the 2300 Rampart Series.
The US Federal government is pushing the development of floating offshore wind even as fixed turbine developments slow.
Bibby Marine has ordered what it claims will be the world’s first truly zero-emission, electric Commissioning Service Operation...
Singapore’s Cyan Renewables is acquiring subsea operator MMA Offshore in a deal worth $672 million.
Uncrewed Surface Vessel (USV) company SEA-KIT has been awarded its fifth Unmanned Marine Systems (UMS) Certificate by Lloyd’s Register for its 12 metre X-Class USV.
Maersk Supply Service (MSS) and Edison Chouest Offshore (ECO) have established a new partnership to speed up offshore wind development in the US.