There was only one story in offshore this week, the news that Greek shipowner Evangelos Marinakis has doubled down on this bet on the platform supply vessel (PSV) market by making the single biggest order in the entire segment in the last decade. His Capital Offshore has placed an order for four firm diesel-electric, DP2, […]
The post COLUMN | Drip, drip, drip: Marinakis orders eight PSVs; DSOC jackup moves; Paratus and Northern Ocean raise capital [Offshore Accounts] appeared first on Baird...
Australian mining giant Fortescue is continuing its multi-faceted foray into green energy. With support from the Maritime and Port Authority of Singapore (MPA), government agencies, research institutes, and industry partners, it has successfully completed propulsion and maneuverability trials of its Singapore-registered Fortescue Green Pioneer in the Port of Singapore. The trials were conducted using 6.4 cubic meters (4.4 tonnes) of liquid ammonia, in combination with diesel and hydrogenated...
“Brazil is the country of the future,” goes the cliché that the Austrian writer Stefan Zweig declared in 1941 as the opening line of his book Brazil, Land of the Future. Zweig wrote in exile there, and a year later, he and his wife deliberately killed themselves with a drug overdose. Brazilians then began joking […]
The post COLUMN | Looking to the future: Petrobras newbuilds; James Fisher; Saudi Arabia’s NEOM plans; TotalEnergies and Sapura; wind bust timing [Offshore Accounts] appeared first...
Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]
The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...
Money is being made in offshore once again, but tragically lives are also being lost unnecessarily. Earlier this week, we examined how Perenco’s dysfunctional safety culture in Gabon, leading to six people dead or lost in an explosion. This is a sad backdrop for an industry booming at last. Stop...
Happy New Year to one and all, though one of the biggest challenges the marine, port, and bunkering industries will face in 2024 is the challenge of future fuels. You could do my job – the marine fuels op-ed primer Writing about the problems the marine industry faces is easy – you begin by stating...
Australian vessel operator MMA Offshore has completed the sale of its shipyard facility in Batam, Indonesia, the company confirmed in a recent Australian Securities Excha ..
The post MMA Offshore sells Indonesia shipyard appeared first on Baird Maritime.
Platform supply vessels (PSVs) have secured new work for clients in New Zealand, Australia, and the Norwegian continental shelf while a subsea maintenance and constructio ..
The post Offshore Vessel Charters News Roundup | July 20 – PSV and IMR contracts in Australia, New Zealand and Norway appeared...
A French-owned supply vessel has been rebuilt to take on subsea cable maintenance duties while a Singapore-based builder delivered a new crewboat to a repeat Malaysian cu ..
Newly-established Norwegian windfarm support specialists Norwind Offshore took delivery of its first vessel in May of this year. Norwind Breeze was originally completed b ..
The post VESSEL REFIT | Norwind Breeze – Ex-platform supplier takes on windfarm servicing work appeared first on Baird Maritime