Nereida Energy Raises Over $3M to Expand Maritime Battery Tech Business
Norwegian maritime technology company Nereida Energy has raised $3.3 million (NOK 32 million) through a private placement of shares backed by a group of industrial and financial investors, including Grieg, Eviny, Nysnø and Nye Aasen.The company, which develops battery and energy storage solutions for vessels ranging from ferries and service vessels to offshore ships and wellboats, said the proceeds will be used to strengthen its organization, advance product development and support strategic growth initiatives.Founded in 2025 by a team of maritime electrification specialists…
JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project
JERA has received its first liquefied natural gas (LNG) cargo from the Barossa gas project in Australia, marking the start of LNG deliveries from the offshore development to Japan's largest power generation company.The cargo arrived aboard the LNG carrier Sohshu Maru at JERA's Futtsu LNG terminal on June 12, following the start of production from the Barossa project in late 2025.Located offshore Australia's Northern Territory, the Barossa gas field supplies gas to the Darwin LNG facility for processing and export.
Three More LNG Tankers Transit via Strait of Hormuz
Three more liquefied natural gas tankers have exited the Strait of Hormuz with their transponders off and are bound for destinations in Asia, although the exact timing of their transit is unclear, ship-tracking data from LSEG and Kpler showed.This comes as the United States and Iran traded air attacks for a second straight day on Thursday, with U.S. President Donald Trump vowing further strikes unless Tehran agrees to a peace deal and Washington saying it fired on a vessel carrying…
COC Boosts Offshore Capabilities with Newbuild AHTS Vessel
Caspian Offshore Construction (COC) has acquired an anchor handling tug supply (AHTS) vessel from Sinopacific Engineering & Contracting (SPEC), marking the first vessel in the SPA90 series to join the Kazakh offshore marine service provider's fleet.The shipbuilding contract was signed on April 30, 2026, at Siying Shipyard, where the vessel is under construction. A launching ceremony for the vessel was held on May 20.Named Caspian Yili, the vessel is the first of its kind in COC's fleet and will be the company's largest vessel to date.
COSCO Installs 2GW Converter Platform for China’s Offshore Wind Farm
COSCO Shipping Specialized Carriers has completed the transport and float-over installation of an offshore converter platform for the Qingzhou V & VII offshore wind project, a key milestone in what the company described as the world's first 2 GW offshore high voltage direct current (HVDC) transmission system.The converter platform, weighing about 25,000 tonnes, is among the largest offshore structures installed for the offshore wind industry and was transported and installed using…
Al-Designed CTV Saves 100,000 Liters of Fuel, 258 Tons of CO2 a Year
Compute Maritime, the deep tech company behind NeuralShipper, the world's first Al platform for ship design, has revealed the results of its UK Government-funded project, GenDSOM, to bring generative Al and additive manufacturing into ship design.Working with consortium partners Siemens Digital Industries Software, Rapid Fusion, HP, BYD Naval Architects and the University of Southampton, the project has produced a next-generation crew transfer vessel (CTV) for the offshore wind sector that…
Acta Marine Receives CSOV Newbuild Ahead of Sofia Offshore Wind Farm Job
Acta Marine has taken delivery of the Acta Gemini, a new walk-to-work DP2 construction service operation vessel (CSOV) that is set to begin a long-term charter supporting operations at the Sofia offshore wind farm in the UK.The vessel, built by Tersan Shipyard in Turkey, is the third in a series of four newbuild CSOVs ordered by the Dutch offshore vessel operator.Following mobilization, Acta Gemini will start work at the 1.4 GW Sofia offshore wind farm on Dogger Bank, operating…
CM Energy Unveils Meridian Class Offshore Wind Support Vessel
Hong Kong-listed provider of offshore, marine and clean energy technologies CM Energy has unveiled the design of its Meridian Class commissioning and service operation vessel (CSOV).The Meridian Class has been developed to meet growing demand for offshore support vessels, and is suitable for commissioning, operations, maintenance and major component exchange campaigns in the offshore wind sector.Designed to North Sea standards, the vessel platform aims to provide offshore wind developers…
Van Oord's New Rock Installation Vessels to Feature TMC Systems
Norway-based TMC Compressors has secured a contract from Yantai CIMC Raffles Offshore to supply marine compressed air systems for two subsea rock installation vessels being built for Dutch marine contractor Van Oord.Under the contract, TMC will provide a complete marine compressed air system for each vessel, including instrument air compressors and air dryers. Financial details of the contract were not disclosed.The vessels are being built to support subsea rock installation operations…
OranjeWind Signs Long-Term CSOV Charter with Purus
The OranjeWind offshore wind project, a joint venture between RWE and TotalEnergies, has signed a five-year charter agreement with Purus for the construction and service operation vessel (CSOV) Purus Power.The vessel will support planned and unplanned maintenance activities at the OranjeWind offshore wind farm under a contract that includes an option for extension.Purus Power has been purpose-built for offshore wind operations and is designed for extended stays at sea. The vessel features accommodation…
Alternative-Fuel Vessel Orders Reach 119 in First Five Months of 2026, DNV Finds
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 36 new orders for alternative-fuelled vessels were placed in May 2026.Activity was primarily driven by LPG/ethane carriers, which accounted for 26 of the orders. A further eight LNG-fuelled vessels were ordered, including six container vessels and two car carriers, alongside two ethanol-fuelled bulk carriers.So far in 2026, a total of 119 orders have been placed for alternative-fuelled vessels.
Middle East Offshore Sector Faces Structural Risks
A combination of contract terminations, spiraling insurance costs and the threat to EPC projects are creating a complex combination of risk for offshore operators in the Middle East Gulf.In its latest HORIZON Monthly Offshore report, MSI notes that, whilst contract terminations for rigs have been few, a return to pre-conflict levels could take months as fields are brought back onstream and construction projects get back up and running.Despite the relatively short-lived nature of many drilling suspensions…
Northern Lights Expands LCO2 Fleet with Vessel Charter for MISC, K Line
Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K" LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure.The award follows Northern Lights' January 2026 announcement of four additional CO2 carriers to support planned capacity expansion. The latest contract marks the second vessel awarded to the “K” LINE-MISC consortium.The vessel will be constructed by Dalian Shipbuilding Offshore.
GustoMSC Unveils New Jacking Technology for Offshore Wind Vessels
GustoMSC, NOV’s offshore design and engineering business, has developed a new asymmetrical rack-and-pinion technology designed to increase the jacking capacity of offshore wind installation vessels without increasing vessel size, weight or system complexity.The patent-pending asymmetrical rack-and-pinion (ASYM R&P) technology builds on the company’s existing rack-and-pinion jacking systems and is designed to improve load distribution within the existing system architecture, allowing…
SBM Offshore, Solstad to Build New Deepwater Installation Vessel
SBM Offshore and Solstad Offshore have formed a joint venture that has entered into a letter of intent with a shipyard for the construction of a multi-purpose deepwater installation and construction vessel, with delivery targeted in the first half of 2029.The vessel will be owned by a joint venture in which Solstad Offshore will hold a 50.1% stake and SBM Offshore 49.9%. Solstad Shipping will act as ship manager, while SBM Offshore will charter the vessel for its own projects.
Vuyk Engineering to Design Jumbo’s New L-Class Heavy-Lift Ships
Dutch maritime design firm Vuyk Engineering has been selected by heavy-lift shipping and offshore transportation contractor Jumbo Maritime to design its newly ordered L-Class heavy-lift transport vessels.The two vessels are designed to support offshore transport and lifting operations, combining cargo transportation capabilities with lifting capacities of up to 2,400 tonnes.The L-Class vessels are intended to transport a range of heavy cargoes, including wind turbine components, modules and carousels.
DEME to Install Japan’s First 15MW Offshore Wind Turbines
DEME, through its Japanese joint venture Japan Offshore Marine (JOM), has secured a contract for the Oga–Katagami–Akita Offshore Wind Project, covering engineering work and vessel charter services for the offshore installation of 21 wind turbines.The contract forms part of an agreement between Oga Katagami Akita Offshore Green Energy and Penta-Ocean Construction.JOM will install 21 Vestas V236-15 MW turbines, marking the first deployment of 15 MW-class wind turbines in Japan and the first application of turbines of this size outside Europe…
Strategic Marine Delivers More Supa Swath CTVs to Mainprize Offshore
Strategic Marine and Mainprize Offshore have signed a Protocol of Delivery and Acceptance (PODA) for the MO15 and MO16 crew transfer vessels (CTVs), extending a multi-vessel offshore renewables vessel program announced in 2024.The agreement follows the earlier delivery of the MO10, MO11, MO12 and MO14 Supa Swath vessels.The new vessels are intended to support offshore wind operations and maintenance activities in Europe as Mainprize Offshore continues expanding its fleet.The vessels…
ABL Gets Onboard Australia’s Largest Offshore Decom Campaign
ABL has been hired to support Esso Australia Resources as preparations advance for what the company described as Australia’s largest offshore decommissioning campaign in the Bass Strait.The Gippsland Decommissioning Campaign #1 Project is expected to involve removal of up to 13 offshore platforms beginning in 2027 using Allseas’ Pioneering Spirit vessel.Esso, a subsidiary of ExxonMobil, operates the Bass Strait assets as part of the Gippsland Basin Joint Venture. The infrastructure includes around 400 wells…
Jumbo Orders Two Next-Gen Heavy-Lift Vessels from Dajin
Dajin Heavy Industry, via its subsidiary Tangshan Dajin Offshore Engineering, has signed a contract with a Dutch shipowner Jumbo Maritime to build two next-generation multi-purpose heavy-lift vessels.The contract is valued at approximately $156 million and covers the design, construction and delivery of two 25,000-deadweight-tonne vessels scheduled for phased delivery in 2028 and 2029.Each vessel will measure about 163 meters in length with a beam of around 30 meters and depth of approximately 16 meters.The ships will be equipped with two heavy-lift cranes rated at 1…
GO Searcher Multi-Purpose Vessel Returns to Guice Offshore Fleet
Guice Offshore, a leader in the offshore maritime mini supply vessel specialty market, announced the return of GO Searcher to its fleet, bringing the total number of Guice Offshore-owned vessels to 19.The GO Searcher, which has played a role in pioneering aerospace operations since 2014, is a 170-ft. multi-purpose DP1 vessel featuring a helipad. She is dually certified Subchapter L&I, as well as approved for full international operations.Currently outfitted to support aerospace recovery programs…
Equinor Extends PSV Contract with Eidesvik Offshore
Equinor has exercised remaining options to extend the contract for the platform supply vessel (PSV) Viking Avant from Norwegian vessel owner Eidesvik Offshore.The extension runs in direct continuation of the current contract and extends the firm charter period through the end of 2026.Viking Avant PSV was built in 2004, and has a deadweight capacity of 5,784 tonnes and a deck area of 1,010 square meters.The vessel is 92.17 meters long with a beam of 20.4 meters.
Northern Lights CCS Fleet Grows with First Bernard Schulte's LCO2 Carrier
Bernhard Schulte has christened its first liquefied CO2 (LCO2) carrier, marking the company’s entry into the carbon capture and storage (CCS)-related shipping segment.The vessel, named Northern Purpose, was christened on May 19 at Dalian Shipbuilding Offshore (DSOC) in China and will support the Northern Lights CCS project, a cross-border CO2 transport and storage development in Norway.Following delivery, the vessel will enter a long-term time charter transporting captured CO2…