Finnish naval architecture firm Aker Arctic has finalised design work on a new service operation vessel (SOV) for use in seasonally freezing seas. The concept design can be tailored to a specific operational area and can facilitate offshore wind farms’ investment calculations. The ice-going SOV is...
Norwegian shipbuilder Ulstein Verft has completed conducting sea trials of a new commissioning service operation vessel (CSOV) ordered by offshore services provider Olympic Subsea. The trials of Olympic Boreas covered the propulsion system, specifically, its ability to enable the vessel to move...
Netherlands-based subsea services company the N-Sea Group has commissioned a cable repair vessel into service. Curo was originally completed as a deck barge in 2016 but has since been converted for cable repair and maintenance duties. Key modifications include a DP2 system, a knuckle boom offshore...
A new methanol-fuelled service operation vessel (SOV) ordered by Danish operator Esvagt has been launched into the water for the first time. Upon completion, the hybrid SOV will be fitted with battery and dual-fuel technology, which will reduce CO2 emissions by approximately 4,500 tonnes each year....
UK offshore support vessel (OSV) operator North Star has secured further debt investment of up to £425 million (US$544 million) to accelerate the expansion of its activities within the European offshore wind sector. The committed financial package of £225 million (US$288 million) includes term...
Best SOV – Grampian Tyne – North Star With the enormous amounts of money being poured into the offshore wind industry of late, particularly in Europe, it is unsurprising that we have seen some very interesting and impressive vessels resulting. This fine ship is definitely one of the most...
Netherlands-based companies Vriezoo ROV Services and Mark Offshore have merged to form a new entity specialising in subsea services. FreeStar Subsea Services will offer remotely operated vehicle (ROV) and survey support services using its recently acquired and outfitted vessel Navicula Star. The...
Norwegian shipbuilder Vard has launched a new commissioning service operation vessel (CSOV) being built for offshore services provider Edda Wind. The vessel is presently at the facilities of Vard Braila in Romania. It will be towed to Vard Brattvaag in Norway for topside equipment installation,...
The order book for the wind sector just continues getting larger and larger, even as companies continue not to make much money. Wind is the Augustus Gloop segment of offshore, gorged on investment, like the character in Roald Dahl’s Charlie and the Chocolate Factory, but liable to fall into a...
Norway’s Integrated Wind Solutions and Japanese integrated trading company Sumitomo Corporation have entered into a strategic partnership agreement through IWS’ vessel-operating subsidiary IWS Fleet wherein Sumitomo will acquire partial ownership of IWS Fleet. IWS Fleet, which operates commissioning service operation vessels (CSOVs) that cater to the offshore renewables market, will raise €60 million (US$65 million) […]
The post Sumitomo Corporation to acquire stake in Norwegian CSOV operator...