At the end of the day, electricity generated from offshore wind has to be paid for from consumers’ electricity bills. When those rates aren’t high enough to justify the huge investment required
Singapore shipbuilder Lita Ocean has commissioned Incat Crowther to design three new ABS-classed monohull fast support intervention vessels (FSIVs) for Saudi Arabia’s Zamil Offshore, which will use the 60-meter vessels to transport
The Offshore Marine Service Association (OMSA) is applauding the introduction of the American Offshore Worker Fairness Act (AOWFA), saying, “this important legislation provides a step forward towards providing parity between U.S.-flagged and
Covington, La., headquartered Hornbeck Offshore Services Inc. is to complete the two multi-purpose support vessels (MPSVs) that had been at the center of its recently settled lawsuit with Gulf Island Fabrication Inc.
The Bureau of Ocean Energy Management has now set a date for Gulf of Mexico Oil and Gas Lease Sale 261. It will be held November 8, 2023. This is the sale
Gulf Island Fabrication Inc. (NASDAQ: GIFI) said today that its subsidiary Gulf Island Shipyards LLC (GIS) has resolved its lawsuit with Hornbeck Offshore Services LLC relating to the construction of two multi-purpose
Southampton, U.K., based Chartwell Marine has partnered with Fincantieri’s Norwegian headquartered Vard subsidiary to introduce the Midi-SOV. The 55-meter offshore wind service vessel combines the two companies’ expertise in crew transfer vessels
The Inflation Reduction Act (IRA) does not allow the Bureau of Ocean Energy Management (BOEM) to issue a lease for offshore wind development unless the agency has offered at least 60 million
One of the best-known companies in Netherlands shipping, Vroon, says that it has finalized its restructuring and completed the sale of 37 vessels from its offshore fleet. That leaves Vroon with a
The Bureau of Ocean Energy Management (BOEM) yesterday announced that it is postponing Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale 261, which had been set for today, September