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…
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 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 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…
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 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”)…
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited.'This follows the completion of the combination of the company's businesses and Keppel Offshore & Marine Ltd on February 28…
Strategic Marine unveiled a new shipyard facility located on JTC’s waterfront site at 5 Benoi Road in western Singapore. The ceremony also saw the delivery of Southeast Asia’s first hybrid crew transfer vessel (CTV), and the unveiling of Strategic Marine’s fourth-generation fast crew boat (FCB)…
French engineering firm GTT said Tuesday it had received an order from its South Korea-based shipbuilder Samsung Heavy Industries for the tank design of a new Floating Liquefied Natural Gas (FLNG) unit. According to GTT, Samsung is building the FLNG for 'an Asian company…
Last week at the Wind Expo Spring 2023 in Tokyo, NYK announced the name of a crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm, for which NYK has a multi-year time charter contract with Siemens Gamesa.At the naming presentation with James Tham…
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion,…
Irish crew transfer vessel (CTV) owner and operator Farra Marine has expanded its fleet of CTVs after ordering another seven vessels from Singapore-based Penguin Shipyard International. The new CTVs are part of the WindFlex-27 series, and when…
Seri Damai, Seri Daya join MISC LNG Carrier FleetMISC welcomed two of its latest new generation of Liquefied Natural Gas (LNG) carriers, Seri Damai and Seri Daya to its fleet of LNG carriers. These 174,000 CBM LNG carriers were built for MISC by Samsung Heavy Industries Co…
Japan's Mitsui OSK Lines (MOL) and India's state-run GAIL have signed a time charter contract for a newbuild liquefied natural gas (LNG) carrier, and for joint ownership of an existing LNG carrier. The newbuild vessel will be built by South…
Shipbuilder Marco Polo Marine's Taiwan-based subsidiary, PKR Offshore, has signed a deal with wind turbine maker Vestas Taiwan Co., Ltd, for the maiden deployment of its new Commissioning Service Operations Vessel (CSOV).The new CSOV, which will be able to accommodate up to 110 persons…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week