At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA) when concluding charter-party contracts for offshore services could cause problems in the event of an incident or accident.
Faced with an aging fleet, the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority has turned to converted offshore support vessels (OSV) to breathe new life into its ferry operations.The operator announced its purchase of the OSVs HOS Shooting Star and HOS Lode Star from Hornbeck Offshore Services in 2022, to replace its open-deck freight vessels Gay Head and Katama
French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation of subsea transmission lines necessary for offshore wind energy, telecommunications and other major industrial applications.The 300-foot, U.S.
MacArtney Offshore Wind Solutions, in collaboration with Subsea Cable Assets (SCA) and Enersea, has secured the contract to design and deliver a fully integrated cable lay spread, a tailored solution for N-Sea’s new cable laying vessel (CLV), Altera.The project will combine MacArtney’s advanced mission equipment and control systems, SCA’s fabrication and EPCI expertise
Vard, the Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of specialized vessels, has delivered two of the world's first vessels featuring cyber notation.The ships are the two Commissioning Service Operation Vessels (CSOVs) Grampian Kestrel and Purus Chinook, built respectively for North Star and Purus.
VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO, with the first two being Commissioning Service Operations Vessels, contracted in May 2024.
Monna Lisa cable laying vessel (CLV), built by Norwegian shipbuilder Vard, has joined Prysmian’s fleet.The 171-meter-long CLV has officially joined Prysmian fleet, following the successful completion of sea trials.Monna Lisa will match Prysmian’s Leonardo da Vinci, the world’s most advanced CLV, in terms of capacity and performance.
Ocean services provider DeepOcean has cemented its subsea offering with the extension of its charter agreements with Østensjø Rederi for three vessels.DeepOcean’s most advanced subsea vessel, Edda Freya, will remain part of the fleet through 2026, with additional options available.
Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer.The new capacity aligns with the company’s service offerings and subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions.
Japan-based Penta-Ocean Construction has signed a shipbuilding contract with PaxOcean Group for the construction of a self-propelled large-scale cable laying vessel (CLV), expanding its capabilities from offshore wind turbine construction to power cable laying for the industry.The new CLV will be self-propelled, mounted with two 5,000 t cable carousels (a total of 10
Van Oord’s new cable laying vessel (CLV) Calypso is gearing up for its debut at RWE’s 1.4 GW Sofia offshore wind farm in the UK.The inter-array cables have been loaded onto Calypso CLV at the Port of Blyth in the UK, ahead of its first job at RWE’s biggest offshore wind, according to Van Oord, which secured the contract for the installation of monopile foundations and cables back in 2021.
Megamas Resources announced a ship design contract with Norway-based Ulstein Design & Solutions AS to start the engineering phase on a fiber-optic cable-laying vessel (CLV) planned to be built at the Lloyd Werft Bremerhaven GmbH.Capt. Tiew Sien Kheng, managing partner at Megamas, disclosed the contract at Ulstein's booth at the Nor-Shipping exhibition this week.