New York-based Kalypso Offshore Energy on Monday announced it is teaming up with Dutch marine technology group and shipbuilder Royal IHC to design and construct a Jones Act compliant cable lay vessel (CLV)—the first purpose-built for the U.S. offshore wind market.Under a newly signed letter of intent (LOI), the partners are working together to finalize contract, engineering and construction details to domestically produce a 5…
Norwegian shipbuilder Vard has signed a contract with an undisclosed Taiwanese customer for the design and construction of two Commissioning Service Operation Vessels (CSOVs).The customer has appointed VARD to design and construct two CSOVs’ of VARD 4 39 design…
The first of two incomplete ultra high-spec multipurpose support vessels (MPSV) has arrived at Eastern Shipbuilding Group's Port St. Joe Shipyard, where the builder will finish constructing the vessel for Hornbeck Offshore Services.Earlier this year…
VARD announced it has been awarded a contract to design and build a hybrid power Ocean Energy Construction Vessel (OECV) for the Norwegian shipping group Island Offshore. The deal includes options for two more vessels.The vessel, to be named Island Evolution…
The second in a series of new construction service operation vessels (CSOV) being built for Olympic has entered the outfitting phase.The newbuild was towed from the Crist hull yard in Poland, arriving on Wednesday at Ulstein Verft in Norway where the outfitting phase will now begin…
Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin…
Bluestone Group, a maritime technical services company, has secured a contract for plan approval and site supervision of two new cutting-edge cable-laying vessels operated by Prysmian.The two new cable-laying vessels, the first of which is under construction and the second under design…
Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil.The financing will…
O3S – Oil Senegal Support Services, a homegrown Senegalese operator servicing the country's fledgling offshore energy sector, has ordered a new 36-meter fast supply vessel (FSV) from Singaporean shipbuilder Penguin International. Construction on the new FSV is expected to start later this year…
Bibby Marine has signed a shipbuilding contract with Gondan Shipbuilders to construct what is said to be the world’s first zero-emission, electric commissioning service operation vessel (eCSOV).The eCSOV will be built in Gondan’s Asturias shipyard in Spain and is scheduled to be delivered in 2026…
At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time…
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…
Classification society DNV presented Australian green technology, energy and metals company Fortescue with class and statutory certificates for its dual-fueled ammonia-powered vessel Green Pioneer. This marked the culmination of a project that began in 2021…
UK-based offshore vessel designer Chartwell Marine has started the construction of its new Brevity Class crew transfer vessel (CTV) at the Diverse Marine shipyard, becoming the latest in its growing pipeline of new vessel builds to supply the global offshore wind market…
Shipbuilder Vard announced it has delivered a new commissioning service operation vessel (CSOV) to Norway's Rem Offshore.The vessel—NB 948, to be named Rem Wind—was constructed at Vard Vung Tau in Vietnam and handed over one month before contractual delivery date…
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