Shipbuilding News


Aesen, DOC JV Targets Subsea Cable Logistics

Sep 29, 2025

Aesen Pte. Ltd. (Aesen) and Dutch Offshore Contractors Holdings B.V. (DOC)  formed Aesen DOC Cable Logistics Pte. Ltd., a joint venture to address the growing global demand for subsea cable transport, storage and logistics solutions.With global…

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Sep 08, 2025

Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Aug 28, 2025

Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday.In 2023, Seatrium had made provisions worth S$82…

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Aug 18, 2025

In early August 2025, Aesen took delivery of two new Generation 4 Fast Crew Boats (FCBs) — Aesen 107 and Aesen 108 — at a christening ceremony held at Strategic Marine yard. The addition of Aesen 107 and Aesen 108 brings Aesenʼs total new crew…

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Aug 13, 2025

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Apr 08, 2025

Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry.The Tidal Action is built on Hanwha Ocean’s proprietary design and is…

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Apr 03, 2025

VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

Feb 27, 2025

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon capture technology on a floating, production, storage and offloading (FPSO) vessel.The offshore carbon capture project…

VIDEO: AIRCAT Crewliner takes Shape to Service Offshore for TotalEnergies Angola

Jan 24, 2025

AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners, a 35-m Surface Effect Ship (SES) technology vessel that can reach speeds of more than 50 knots even in challenging maritime conditions.Each vessel has…

AIRCAT 35 Crewliner Vessels Delivered to Service TotalEnergies Angola

Jan 23, 2025

AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners. Designed to meet the demanding needs of the oil and gas sector, the 35-m vessels, based on SES (Surface Effect Ship) technology, achieve speeds of more than 50 knots…

China's First Purpose-built Offshore Wind SOVs Delivered

Aug 28, 2024

Shanghai Electric earlier this month celebrated the combined naming and delivery of two service operation vessels (SOV) at ZPMC, Qidong base, China. The vessels are based on two different ship designs from Ulstein Design & Solutions AS and are…

China’s First Offshore Wind Power SOVs Delivered

Aug 16, 2024

AUGUST 16, 2024 - Today, the first two China-built offshore wind power SOVs (Service Operation Vessels) ZHI ZHEN 100 and ZHI CHENG 60 was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co., Ltd. to Shanghai Electric Wind Power Group Co…

Shipbuilding: Wind Turbine Installation Vessel Delivered to Cadeler

Aug 16, 2024

Cadeler took delivery of the fifth and newest addition to its fleet – Wind Peak, the first of seven newbuilds for which Cadeler currently has signed contracts. The P-class jack-up installation vessel was built at COSCO Shipping Heavy Industry (COSCO) shipyard in Qidong…

Does an OSV Newbuild Boom Loom?

Jun 26, 2024

The market for offshore support vessels has experienced tremendous development in the last couple of years. And while we expect the market to continue its positive journey, we would argue that, at least on an overall basis, the market has already recovered to healthy levels at the time of writing…

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