Dutch company Next Ocean is looking at a global reach for its technology that predicts waves and vessel motions minutes beforehand. Following a period of demonstration deployments of WavePredictor and the first vessels using it commercially, Next Ocean says it is witnessing the technology becoming s
Ulstein Verft has launched the first of the two commissioning service operation vessels (CSOVs) that Bernhard Schulte Offshore (BS Offshore) ordered in 2023. The CSOV was launched on 23 February at the Ulstein Verft yard in Norway, following an outfitting phase that included the installation of elec
Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with global energy player Subsea7. The two players reached an agreement in principle on the key terms of a possible merger, which is expected to result in the
A consortium led by ArianeGroup, an industrial company handling liquid hydrogen (LH2) for space applications, has launched a new project to develop solutions for storing and using LH2 as an energy carrier for maritime transport. The solution will be integrated into a new zero-emission service operat
Three Norway-based offshore energy vessel and service providers, Eidesvik, Agalas and Reach Subsea, are building a new construction support vessel (CSV) for subsea and offshore wind operations. The vessel will be two-thirds owned by an entity owned by Eidesvik and Agalas, controlled by Eidesvik, and
Integrating battery-powered service operation vessels (E-SOVs) into offshore wind farm operations is not only technically feasible but could also deliver economic and operational benefits, according to a new study by ScottishPower Renewables and Stillstrom by Maersk. The study is the first in a seri
The first of four commissioning service operation vessels (CSOVs) that Windward Offshore ordered at Vard was launched earlier this month. On 18 February, the German shipowner, a joint venture between multiple partners, said that it had secured a senior loan facility for the post-delivery financing o
Louis Dreyfus Armateurs (LDA) has selected Salt Ship Design (SALT) as the naval architect and ZPMC as the shipbuilder for the three new service operation vessels (SOVs) for which LDA recently signed contracts with Vattenfall. As reported in January, Vattenfall awarded long-term contracts to Louis Dr
The European investment group Eurazeo, through Eurazeo Transition Infrastructure Fund (ETIF), has made a EUR 70 million equity investment in MPC OSE Offshore, a joint venture recently established by the investment and asset management firm MPC Capital and German offshore services provider O.S. Energ
The sea trials have commenced and are in progress for Charybdis, the first Jones Act-compliant wind turbine installation vessel (WTIV), built in the US. Under construction at Seatrium’s AmFELS shipyard in Brownsville, Texas, the vessel also recently completed the jacking trial and main crane load te
Japan’s Mitsui O.S.K. Lines (MOL) and its compatriot Fukada Salvage & Marine Works have signed a memorandum of understanding (MoU) to explore collaboration on the transportation and installation vessels for floating offshore wind turbines. Floating offshore wind turbines are normally assembled at a
British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables, a company focused on offshore and nearshore unexploded ordnance (UXO) clearance. According to the Pritchard-Gordon Group, PG Renewables aims to support offsho
Havfram’s first wind turbine installation vessel (WTIV), Norse Wind, has been launched at Yantai CIMC Raffles Offshore’s shipyard in China. In 2021, Havfram signed a letter of intent with China’s CIMC-Raffles to build a series of next-generation wind turbine installation vessels. The company’s first
The Dutch developer of Vessel Motion Radar systems, Next Ocean, has secured seed investment from Arches Capital to support its expansion and enhance maritime safety worldwide. The funding is said to accelerate the company’s growth, enabling Next Ocean to scale production, expand into new markets, an
