Malaysian FPSO company Bumi Armada posted a net profit of RM144.1 million (around $35,5 million) in the fourth quarter of 2020.Bumi Armada said the result was an improvement from the third quarter of 2020 when its net profit was RM85.6 million (USD 21…
Mako Industries signed an agreement with C-Innovation to mitigate the spread of Covid-19 on its offshore construction vessels, beginning with the 168-m Island Venture. Mako uses Puradigm to combat air and surface contaminants safely in populated environments 24/7…
Australian offshore vessel operator MMA Offshore has won a contract with oilfield services company TechnipFMC to provide tug and barge support for 'a major subsea installation project in Australia.'MMA Offshore which did not share details on what project exactly it would be working on…
Solstad Offshore, a Norway-based offshore vessel operator, on Friday said it had won contracts for the vessels Normand Ranger and Far Seeker in Australia.The Normand Seeker, a large AHTS, has been awarded a contract in Australia with the start slated for the second quarter of 2021…
Norwegian offshore vessel company GC Rieber Shipping has won a new contract for its Polar Onyx SURF/subsea construction vessel, just days after it was announced that DeepOcean had extended the charter for the same vessel.In a statement on Wednesday…
Norwegian offshore vessel operator Siem Offshore has said it has secured a contract for its Siem Spearfish subsea construction vessel.The contract, with an unnamed client, is for 2 months firm, with extension options included.Under the contract…
Maritime and offshore classification society American Bureau of Shipping (ABS) will class the first ever Jones Act compliant offshore wind turbine installation vessel (WTIV), seen as a key vessel for the development of the U.S. offshore wind industry…
CWind, offshore wind crew transfer specialist, on Tuesday announced the delivery of what it described as 'the world’s first hybrid-powered Surface Effect Ship (SES),' the CWind Pioneer crew transfer vessel.CWind said that the crew transfer vessel…
Uncrewed surface vehicle (USV) specialist HydroSurv Unmanned Survey has teamed up with marine technology specialist Sonardyne to develop and demonstrate what the companies say will be transformative seabed-to-shore sensing and data acquisition technologies for offshore operations…
Prysmian will entrust Sea World Management SAM with the management of the new high-tech flagship that will enter service in the second half of the year.Dubbed Leonardo da Vinci, the cable-laying vessel being built by the Vard shipyard in Brattvåg…
Norwegian shipowner GC Rieber Shipping has won a contract extension for its Polar Onyx vessel with DeepOcean. Separately, the company said Monday it had agreed to sell the Polar Queen vessel.'GC Rieber Shipping has agreed with DeepOcean BV to…
Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. Siem Offshore said that the project will utilize the offshore construction vessel 'Siem Barracuda'…
The growing U.S. offshore wind industry will offer 'a substantial number of opportunities' for the local fishermen and mariners to supplement their income, a study commissioned by the New York State Economic Research and Development Authority (NYSERDA)…
Several U.S. Representatives on Wednesday raised pressure on the State Department to share plans on potential sanctions on the Nord Stream 2 natural gas pipeline Russia is racing to finish to take fuel to Europe.'If completed, Nord Stream 2…
The Middle East might soon be home to a unique floating wind turbine project led by a group of European companies. Namely, unlike the other floating wind projects currently developed or being worked on, aimed purely at producing electricity…