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ABS Approves New FPSO Newbuild Hull Design Concept

Nov 08, 2023

Classification society ABS announced it has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage and offloading unit (FPSO) newbuild hulls from India's Shapoorji Pallonji Energy (SPE)…

Incat Crowther to Design 60-Meter FSIVs

Oct 09, 2023

Incat Crowther has been commissioned by Singaporean shipbuilder Lita Ocean to design three new ABS-Classed monohull fast support intervention vessels (FSIVs) for Zamil Offshore. The new 60-metre FSIVs will assist Zamil Offshore with the efficient and safe transport of cargo…

Penta-Ocean's New Offshore Wind Turbine Installation Vessel Set for Japan Debut

Oct 06, 2023

Singapore-based PaxOcean has recently delivered an offshore wind turbine installation vessel, CP-16001, to Penta–Ocean Construction Co. Ltd. (Penta-Ocean) in Batam, Indonesia.The offshore installation vessel is 123 meters long, 45 meters wide…

QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion

Sep 27, 2023

Qatari oil and gas company QatarEnergy has ordered 17 'ultra-modern' LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion)…

Shanghai Electric's Service Operation Vessel Duo Launched

Sep 18, 2023

Two Ulstein-designed Service Operation Vessels (SOV) for Shanghai Electric were launched at the ZPMC construction yard in China on Saturday, September 16.The two vessels are of the ULSTEIN SX195 and SX197 design, carrying 100 POB and 60 POB…

"You're gonna need a bigger crane..."

Aug 30, 2023

Offshore wind turbines are reaching new heights both literally (meters), and figuratively (megawatts). As the demand for larger turbines surges, so do the challenges faced by offshore installation contractors, which need to come up with bigger vessels…

Anchor Handler Construction: What to Expect as Floating Wind Picks Up

Aug 16, 2023

A fleet of newbuild specialized anchor handlers will be required to help build up the emerging floating offshore wind industry. But since the industry is still in its early days, many unknowns have made it difficult for shipyards and their partners to gear up to build this fleet…

First Crew Boat for Nakilat Svitzer Wijsmuller Launched

Aug 08, 2023

Al Yamama, the first of three new Incat Crowther 33 crew boats designed for Nakilat Svitzer Wijsmuller (NSW), has been officially launched in Singapore by shipbuilder Lita Ocean.NSW Al Yamama, with its homeport of Doha, will serve as wellhead maintenance vessels for QatarEnergy in the Middle East…

Keppel Profit Soars on One-off Gain from O&M Unit Sale

Jul 27, 2023

Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel…

The Evolving FPSO Landscape – Healthy Demand, Changing Procurement

Jun 21, 2023

After a slowdown in activity during 2020/2021 due to soft commodity prices, demand for FPSOs is picking up.With exploration hotspots like Namibia’s Orange Basin and the East Mediterranean delivering new finds, the FPSO market outlook is healthy…

Inside the “Hot Demand” for Subsea Construction Vessels

Jun 19, 2023

A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types…

China's CRCC-HCEB Orders Offshore Wind Turbine Installation Vessel

Apr 19, 2023

China's CIMC Raffles has recently secured an order to build a self-propelled offshore wind turbine installation vessel for CRCC Harbour & Channel Engineering Bureau (CRCC-HCEB.)According to CIMC Raffles, the jack-up vessel will be China's most…

Shell Launches Its First Electric Ferry at Singapore Plant

Apr 17, 2023

Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to cut emissions from ships.The move is a step towards meeting the Singapore port authority's…

ADNOC L&S Adds Five New Very Large Gas Carriers to Fleet

Apr 13, 2023

United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.The carriers of the shipping and maritime logistics…

Zephyrus Marine Partners with Mirai Ships to Build Zero-emission Vessel for Japanese Offshore Wind Sector

Apr 05, 2023

Zephyrus Marine has signed a memorandum of understanding (MOU) with Japanese shipyard Mirai Ships to build the Zephyrus Zero Carbon Offshore wind service vessel. Ad Hoc Marine Designs Ltd. (Ad Hoc) will be providing the design for the zero-emission Crew Transfer Vessel (“CTV”)…

Current News

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Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

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