Carbon capture and storage (CCS) schemes could well generate a new income stream for beleaguered offshore contractors, according to Oslo-based analyst, Rystad Energy.

Norway’s Solstad Offshore has inked an agreement with Orsted for the hire of a construction support vessel (CSV) to support its offshore wind farm projects in Taiwan.

MacGregor reports that it has secured a contract to supply a monopole installation system for the OHT offshore wind foundation installation vessel Alfa Lift.

The first LHM420 crane purchased by Euroamerica in Argentina was also the first complete assembly such equipment using Liebherr’s new Remote Service App.

Lloyd’s Register (LR) group ceo, Alistair Marsh, is to step down and leave the classification society’s main Board at the end of 2020.

Japan’s ClassNK has granted an Approval in Principle (AIP) to Kawasaki Kisen Kaisha (K Line) and France’s Airseas for their automated kite system Seawing.

Apollo Global Management, a well known player in the world of private equity investments in shipping, has now made a splashy move into the realm of offshore wind.

Power generation is at an inflection point, certainly in the northeastern United States - where New York has announced a new set of procurements recently that will move the power grids further away from fossil fuels, replacing them with renewables...

Hermitage Offshore Services has sold two AHTS vessels under a deal that will result in a loss of approximately $4m to the company.

MAN Energy Solutions (MAN ES) has agreed with employee representatives to cut the number of job losses in planned restructuring in return for concessions on labour costs.