Norwind Offshore Takes Delivery of CSOV Newbuild from Vard
Norwind Offshore has taken delivery delivery of Norwind Maestro commissioning service operations vessel (CSOV) from Vard Søviknes, further expanding its managed fleet and reinforcing long-term commitment to supporting offshore wind farm operations.The 85-meter long Norwind Maestro CSOV has become the sixth vessel in Norwind Offshore’s fleet.The vessel, of VARD 4 19 design, will immediately start its 10-year contract at the Global Tech 1 Offshore Wind Farm in Germany, supporting operations and further strengthening the company’s long-standing partnership with Wind Multiplikator, a subsidiary of
AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector.SAFEEN Drydocks, part of Noatum Maritime, acquired the Basque-region shipyard, which will be renamed Balenciaga Shipyard, adding nearly a century of shipbuilding experience and advanced infrastructure to AD Ports Group’s portfolio.The facility includes two drydocks…
Petrobras Signs $521M Contracts for Gas Carriers, Barges and Pushers
Brazilian state-run oil firm Petrobras and its logistics subsidiary Transpetro on Tuesday signed contracts with shipyards for five gas carriers, as well as 18 barges and 18 pushers, for 2.8 billion reais ($520.82 million).The companies made the deal official at an event in Brazil's southern Rio Grande do Sul state. Brazilian President Luiz Inacio Lula da Silva, who has prioritized boosting the country's shipbuilding sector, attended the ceremony.($1 = 5.3761 reais)(Reuters)
James Fisher Backs US Autonomous Vessel Firm Ocean Aero
James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous and low-emission marine technology and supports the development and deployment of Ocean Aero’s Triton Autonomous Underwater and Surface Vehicle (AUSV), a wind- and solar-powered platform designed to operate without onboard crews.Ocean Aero designs…
OMS Group Enlists Ulstein to Build Two Next-Gen Cable Layers
Subsea services provider OMS Group has signed contracts with Ulstein for the design and construction of two cable laying vessels (CLVs).The vessels will be designed by Ulstein Design & Solutions and constructed at Ulstein Verft, with delivery planned for 2028. Each vessel will be about 130 meters long and 22 meters wide, with cable capacity of up to 6,500 tonnes and accommodation for 75 people.The design includes two large cable tanks, two spare-cable tanks, an enclosed cable deck hangar, and an open deck above the hangar for remotely operated vehicles and containers.
DEME Takes Delivery of Norse Energi Wind Turbine Installation Vessel
Belgium-based offshore installation services company DEME has taken delivery of its second new wind turbine installation vessel, Norse Energi, at the CIMC Raffles Shipyard.As the sister vessel of the recently delivered Norse Wind, Norse Energi is purpose‑built to install the next generation of large-scale offshore wind turbines.Featuring advanced technology, exceptional lifting and loading capabilities, and sustainable design features, both vessels will help reinforce DEME’s position at the forefront of offshore wind installation.Designed by GustoMSC and built by CIMC Raffles…
Strategic Marine Delivers CTV Newbuild to Taiwanese Customer
Singaporean shipbuilder Strategic Marine has delivered the second 27-metre Z-Bow Crew Transfer Vessel (CTV) to Taiwan for an undisclosed customer.With the delivery, Strategic Marine completed the two-vessel program for the client.Purpose-built for offshore wind farm duties, the vessel was developed in close collaboration with BMT Limited and features advanced marine engineering to ensure reliable performance in demanding operating conditions.Equipped with controllable pitch propellers…
Akastor’s DDW Offshore Sells AHTS Vessel for $23M
Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has completed the sale of Skandi Atlantic anchor handling tug supply (AHTS) vessel.The purchase price for the vessel is $22.5 million, Akastor said, without disclosing further details about the buyer.Built in 2012 and featuring STX AH08 design, the Skandi Atlantic is a high powered AHTS vessel designed for operations across a wide range of water depths and environmental conditions.The agreement for the vessel was entered into on Saleform 2012 terms…
Supertankers Resume Venezuelan Oil Exports After Standstill
At least two supertankers, not under sanctions, were departing Venezuelan waters on Monday carrying crude, according to monitoring service Tankertrackers.com and shipping records from state-run company PDVSA seen by Reuters.Venezuela's oil exports had remained at an almost complete standstill since mid-December, when U.S. President Donald Trump announced a blockade of all sanctioned vessels going in and out the OPEC country's waters.U.S. forces intercepted and seized five Venezuela-linked vessels as a way to pressure the government…
Vantris Energy Sells Heavy-Lift Vessel Interest to Larsen & Toubro
Vantris Energy, formerly known as Sapura Energy, has divested its 40% equity stake in L&T-Sapura Shipping to joint-venture partner Larsen & Toubro for total consideration of about $30.5 million, as part of a broader portfolio optimization strategy.The transaction includes equity consideration as well as the full repayment of an outstanding shareholder loan and accrued interest owed to Vantris Energy. The divestment was executed through the group’s indirect wholly owned subsidiary Sapura Nautical Power…
Vard to Build Four New Multi-Purpose Robotic Vessels for Ocean Infinity
Vard, the Norwegian subsidiary of the Fincantieri Group, has signed a new contract with existing customer Ocean Infinity for the design and construction of four Multi-Purpose Robotic Vessels (MPVs).The contract, whose value exceeds $230 million (€200 million), also includes a comprehensive scope of supply from Vard Electro, which will deliver the full suite of SeaQ systems for remote operations.Also, Vard Interiors, responsible for the complete interior solutions, will combine…
Port Authority of NSW Assists Fire Response after Vessels Burn and Sink at Marina
The Port Authority of New South Wales (NSW) has assisted Fire and Rescue NSW in containing and extinguishing a fire that destroyed and sank three vessels and caused significant damage to a fourth at Spit Bridge Marina in Mosman, Australia.The authority deployed four vessels to the site, including its dedicated firefighting vessel Girawaa, which was used to pump up to 16,000 litres of seawater per minute onto the blaze to help contain the fire and protect nearby private vessels…
Ulstein Verft Launches First of Two JP Morgan’s CSOV Newbuilds
Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall to the outer dock, where the yard’s heavy-lift department installed the vessel’s tower using a crawler crane with a lifting capacity of up to 600 tonnes.Late in the month, on January 7, the vessel was towed further out and moored alongside the quay…
Drydocks World to Convert LNG Carrier into FSU for Gabon Project
Drydocks World, a unit of Dubai-owned ports and logistics group DP World, has signed a contract with Dixstone Lower Gulf FZCO to convert an LNG carrier into a floating storage unit (FSU) for use in Gabon’s offshore gas development.The engineering, procurement and construction project will see the LNG carrier transformed into the FSU Cap Lopez, supporting Gabon’s floating LNG development by enabling offshore gas liquefaction, storage and export.The project is also expected to contribute…
Bhagwan Marine Christens Stern Landing Vessel
Australia- based Bhagwan Marine has christened the Bhagwan Micah, a 38m state-of-the-art Stern Landing Vessel (SLV) designed from the ground up for the exacting requirements of modern offshore energy and subsea operations – particularly oil & gas decommissioning with the ability to work in shallow water environments, subsea IMR, and defense logistics projects.Unlike a traditional landing craft that loads and discharges over a forward ramp, a SLV operates from the stern. This design provides:• Safer…
HOS, Saronic Link Up to Trial Autonomous Vessels Offshore
When we interviewed Saronic Co-Founder and CEO Dino Mavrookas late last year, he insisted that Saronic's mission was to deliver commercially viable autonomous vessels first, and in turn parlay that into a ready package for defense. That vision comes to fruition as Saronic announced a partnership with Hornbeck Offshore Services, Inc. (HOS), to accelerate innovation and deployment of autonomous platforms, advanced software, and maritime solutions to the markets HOS serves. Specifically…
Solstad’s Normand Turquesa AHTS on Extended Stay with Petrobras
Norwegian offshore vessel owner Solstad Offshore has extended the previously agree four-year contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The current Normand Turquesa contract with Petrobras has been extended by one year, and the start of the previously announced four-year contract has been amended from the first quarter of 2026 to the first quarter of 2027.This represents an additional gross value of approximately $15.4 million, according to Solstad Offshore…
NORDEN Sells Two Ships, Adds Multi-Purpose Newbuild Leases
Danish shipping company NORDEN has sold one MR tanker and one Capesize dry bulk vessel from its owned fleet, capitalizing on strong asset prices across the dry cargo and tanker markets.The company also said it had entered into two new multi-purpose (MPP) newbuilding lease agreements with purchase options, as part of its strategy to expand in the project cargo market. The vessels are scheduled for delivery in 2028.NORDEN said the MPP segment benefits from a favorable supply outlook…
China Received LNG Shipments from Sanctioned Russian Projects
China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG.The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.Chinese state-owned China National Petroleum Corp (CNPC) and China National…
Petrobras FPSO Initiates Búzios 6 Production
The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31, 2025. Búzios 6 (P-78) has the capacity to produce 180,000 barrels of oil and 7.2 million m³ of gas per day. The FPSO will increase the field's installed production capacity to approximately 1.15 million barrels of oil per day.
Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens
While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024, but by 3Q 2025 21 units had been re-deployed into other regions of the world. Fast forward to today, the national oil company (NOC) has confirmed it will restart work with eight of the remaining suspended rigs in early 2026. It has…
W2W Vessl Acta Pegasus Delivered
Acta Pegasus was delivered to Acta Marine, its fourth Walk-to-Work (W2W) vessel, a DP2 Construction Service Operation Vessel (CSOV).Acta Pegasus is one of four newbuild vessels currently under construction for Acta Marine at Tersan Shipyard in Turkey. The vessel can accommodate up to 135 persons and is equipped with advanced offshore access and lifting systems, including a 3D motion-compensated SMST gangway and a 3D-compensated crane. In line with Acta Marine’s sustainability ambitions…
Bourbon Completes Financial Overhaul Under New Ownership
French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start of a new strategic phase aimed at improving profitability, enhancing organizational efficiency, and expanding market presence. Approved in July 2025 by the Marseille Economic Affairs Court, the transaction follows a broader transformation plan launched in 2024.Bourbon has adopted a new unified structure…