methanol-fueled CSV

Eidesvik orders world’s first methanol-fueled CSV

Norwegian shipowners Eidesvik Offshore and Agalas have placed an order at Turkey’s Sefine Shipyard for a state-of-the-art, battery-hybrid methanol-fueled CSV (construction support vessel). It will be owned by an entity to be

Valaris drillship

Valaris takes delivery of two drillships

Offshore drilling contractor Valaris Limited (NYSE: VAL) reports that it has exercised its options and taken delivery of newbuild drillships Valaris DS-13 and DS-14 for an aggregate purchase price of approximately $337

oil and gas

Gulf of Mexico O&G sale: High bids and big questions

Yesterday’s Gulf of Mexico Oil and Gas Lease Sale 261 generated $382,168,507 in high bids for 311 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico. A total

MARAD announces PIDP

MARAD updates Title XI regulations

By providing long-term debt repayment guarantees, the U.S. Maritime Administration’s Title XI Federal Ship Financing Program is intended to encourage U.S. shipowners to obtain new vessels from U. S. shipyards cost effectively

Fincantieri CEO talks Remazel acquisition

Looking offshore, Fincantieri buys Remazel

Looking to strengthen its position in the offshore and subsea sectors, Italian shipbuilding giant Fincantieri is to acquire Chiuduno, Italy, headquartered Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is

Revolution Wind injunction

Court rules against further GoM oil and gas lease sale delay

The U.S. Court of Appeals for the Fifth Circuit has issued an order dismissing an appeal against a GoM oil and gas lease preliminary injunction. As we reported earlier, the Bureau of

Vroon has sold its offshore fleet

Vroon completes offshore vessel sell-off

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

Pilip Luongp, EVP sales at Harvey Gulf

Harvey Gulf appoints Philip Luongo EVP sales

Philip Luongo has joined New Orleans headquartered Harvey Gulf International Marine as executive vice president of sales, focusing on oil & gas, subsea, offshore wind, government and military contracts, and space exploration.

April 2023 cover of Marine Log featuring floating wind turbine

April 2023

This month’s issue takes a look at the offshore sector, including offshore service vessels, floating wind and the oil and gas field—all of which have a lot going on at the moment.

Bourbon Horizon vessel

Bourbon and Horizon in JV targeting harsh environment offshore services

Paris-headquartered Bourbon and Canada’s Horizon Maritime have started a new offshore services joint venture. Called Bourbon Horizon AS it will focus on the North Sea and Canadian offshore markets. Incorporated in Norway,

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