COLUMN | Winner takes it all: Boskalis binges with record profits, as Boluda takes silver and McDermott gets sued (again) [Offshore Accounts]

Whilst the first big consolidator of this offshore upcycle was Tidewater, rapidly followed by ADNOC and AD Ports of Abu Dhabi, Europe is also experiencing a quiet wave of consolidation. Driving this is the biggest of the “Big Four” lowlands dredging and offshore companies, Boskalis. But whereas the gains in Tidewater have been open to […]

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COLUMN | 2024 by the numbers: Cableships; methanol; the Nigerian Navy; BP and Equinor’s wind woes; Noble in Suriname and Colombia [Offshore Accounts]

We’ve passed Twelfth Night, so let’s look at some key numbers for the year ahead. This week’s lucky lottery numbers are 4, 10, 29, 177, and 470,000. Who is feeling lucky? Four newbuilds for wind: #1 Toyo Nature abhors a vacuum, and as Global Marine Systems, for two decades the former cablelay market leader, sinks […]

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COLUMN | The Twelve Days of Christmas 2023, final edition: ten spot anchor handlers; eleven foreign vessels for Hornbeck Offshore, and the new twelve labours of Hercules Supply in China [Offshore Accounts]

Merry Christmas! On the twelfth day of Christmas my true love gave to me… twelve drummers drumming, eleven pipers piping, ten lords a-leaping and so on, all the way back to that partridge in a pear tree from day one of the old festive carol. But not here, as, for the fourth year in a […]

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Fugro gains full ownership of UK-based USV manufacturer

Fugro has reached a binding agreement for the acquisition of the remaining shares in Sea-Kit International, a UK-based manufacturer of unmanned surface vehicles (USVs). Fugro expects the transaction to be completed before the end of 2023, subject to customary closing conditions. Sea-Kit will...

https://www.bairdmaritime.com/work-boat-world/specialised-fields/unmanned-craft-non-naval/fugro-gains-full-ownership-of-uk-based-usv-manufacturer/

COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea exodus [Offshore Accounts]

One of the delights of the offshore market recovery has been the surge in charter rates for platform supply vessels (PSVs) around the world. Tidewater’s triumphant presentation at the Barclays CEO Energy Conference earlier this month showed the potency of the market recovery that the company has driven ever onwards and upwards after its acquisition […]

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Offshore Projects News Roundup | May 10 – Windfarm site surveys and installation works in Europe and Australia plus geophysical mapping off West Africa

New projects in the pipeline include cable and turbine installation works in the German and Danish sectors North Sea, a site survey in support of Australia’s first offs ..

The post Offshore Projects News Roundup | May 10 – Windfarm site surveys and installation works in Europe and Australia plus...

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COLUMN | Calm down: Nigeria goes to the polls as Heroic Idun crew face delays; asset flippers are back, literally; PX121s change hands at higher prices; Telford and Smit Lamnalco sold; Bourbon and Horizon tie up [Offshore Accounts]

Nigerian singer-songwriter Rema is currently soaring high in the charts with his smash song Calm Down (here). Since last weekend was Nigerian presidential election weeken ..

The post COLUMN | Calm down: Nigeria goes to the polls as Heroic Idun crew face delays; asset flippers are back, literally;...

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Offshore Projects News Roundup | February 14 – Installation works in the northern hemisphere plus Brunei gas field surveys

Upcoming works include pipeline laying in the Mediterranean and the Norwegian North Sea, windfarm construction in the US, and site characterisation on behalf of a Brunei ..

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