Bourbon Inks Multi-Year PSV Deal with ExxonMobil in Guyana

Marine Surveyors Hit With $70,000 After Subcontractor Errors

A single technical error by an uninsured subcontractor has resulted in a $70,000 settlement and prompted International Transport Intermediaries Club (ITIC) to warn ship surveyors of the financial exposure they face when

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Equinor’s First Hybrid Power Complex Starts Operations

Equinor and its Brazilian subsidiary Rio Energy have started commercial power production at the Serra da Babilônia Solar facility in Brazil. Strategically co-located with the existing Serra da Babilônia Wind, this represents

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Ocean Winds Hires Seaway7 for Offshore Wind Job in Poland

Seaway7, part of Subsea7, has secured a sizeable contract by Ocean Winds for the work on the BC-Wind offshore wind project in Poland.Seaway7’s scope of work includes the transport and installation of

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Vissim to Provide Vessel Collision Avoidance System for Qatari Offshore Field

Norwegian technology company Vissim has secured a contract with a Qatar-based oil and gas operator to deliver a vessel collision avoidance system at an undisclosed oil field offshore Qatar.As part of a

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Wallenius Wilhelmsen Bags $500M for Shipping Services Extensions

Wallenius Wilhelmsen has extended two key strategic contracts for shipping services with an estimated additional value of close to $500 million.The first contract is with a premium European auto manufacturer and is

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IWS Fleet Fills Charter Gaps, Secures New CSOV Deals Into 2028

Integrated Wind Solutions (IWS), through its subsidiary IWS Fleet, has secured additional charter commitments for its Skywalker-class commissioning service operation vessels (CSOVs), closing gaps in its near-term schedule and expanding its multi…

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Jan De Nul Unveils ‘Most Advanced’ Wind Farm Installation Simulator

Belgium’s Jan De Nul is commissioning what it calls its most advanced offshore wind installation simulator, a digital twin of its vessels Les Alizés and Voltaire designed to train crews to install

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Another Low Supply Week for Ship Recyclers

December has brought with it a declining Baltic Exchange, reports cash buyer GMS. This saw the Dry Index fall by about 3%, this week, dragged down by mounting pressure across all segments

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U.S. Oil Production Still has Growth Potential

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million