Offshore

News and insight into the offshore marine sector, offshore vessels, rigs, subsea, rig and offshore vessel building, field developments and offshore wind.

Seacor Marine sells crew transfer vessel business to CMB

Dec 21, 2020

New York-listed Seacor Marine has penned a deal to sell its crew transfer vessel (CTV) business with a fleet of 46 CTVs to Belgium’s Compagnie Maritime Belge (CMB).

Louis Dreyfus Armateurs, Tidal Transit win order for French wind farm vessels

Dec 17, 2020

France’s Louis Dreyfus Armateurs (LDA) and UK’s Tidal Transit have penned a contract with GE Renewable Energy (GE) for two crew transfer vessels for the Saint-Nazaire offshore wind farm of France.

CSSC clinches deal to support offshore wind power project

Dec 16, 2020

China State Shipbuilding Corporation (CSSC) has signed a RMB15bn ($2.3bn) offshore wind power project with Xingcheng municipal government in Liaoning province.

Renewables sector the ‘big opportunity’ for offshore vessel owners

Dec 14, 2020

The renewables sector is set to be the big opportunity for offshore marine, but vessel owners will need to adapt to a new business model, according to a panel discussing energy transition at Seatrade Maritime Middle East Virtual.

Private equity firm AIP buying Seacor, triggers generational leadership change

Dec 08, 2020

NYSE-listed Seacor Holdings is being taken over by private equity firm American Industrial Partners (AIP) further reducing the roster listed shipping equities in the US.

Awilco contests Keppel’s decision to terminate $425m drilling rig construction contract

Dec 07, 2020

Oslo-listed Awilco Drilling is contesting Singapore-based Keppel FELS’ unilateral decision to terminate a contract for the construction of a semi-submersible drilling rig worth about $425m.

Sponsored Content

Wärtsilä Water Lubricated Business White Paper

Dec 01, 2020

Finding a stern tube solution is one of the most critical elements to ensure a vessel’s continuous operational capability.

MOL in partnership to develop hydrogen and wind powered vessel

Dec 01, 2020

Japan’s Mitsui OSK Lines (MOL) has joined a corporate-academic partnership to develop zero-emission vessels to be powered by hydrogen fuel and wind.

NYK partners Fugro to grow offshore wind business in Japan

Nov 17, 2020

Japan’s NYK Line has inked a memorandum of understanding (MOU) with the subsidiaries of Netherlands’ Fugro to develop offshore wind power projects off Japan.

PSA Marine inks $35m sustainability-linked loan from DBS Bank

Nov 11, 2020

Singapore’s PSA Marine has secured a EUR30m ($35.5m) sustainability-linked loan from compatriot DBS Bank that would allow the company to further expand its offshore wind business in Europe.