OEG has expanded its offshore wind vessel fleet with the delivery of Fulmar, a new multi-purpose crew transfer vessel (CTV), following successful sea trials.The vessel will operate in U.K. waters and has secured its first charter in Scotland, supporting offshore construction work at the Inch Cape Offshore Wind Farm.
European financial markets are under strain as the U.S.-Israeli war on Iran revives concerns about an energy supply shock exacerbating inflation.ING says the euro zone is the most exposed major economy to the conflict, making the region, which has benefited from investor diversification out of U.S. assets, vulnerable to setbacks.
Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report into how it had helped in the trade of tens of billions of dollars of Iranian and Russian oil."(Maritime Mutual) is or has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in a sector of strategic significance
VPS appointed Neil Chapman as the company’s Managing Director of the Americas.Chapman has a wealth of experience in Testing and Inspection, having worked for most of the major TIC companies during his 40 year career. More recently he has held senior commercial leadership roles and he has developed a deep understanding of how to deliver tangible value to clients and operating as a true partner
Britain launched a new package of Russia-related sanctions on Friday, targeting ships carrying Russian oil, as well as companies and individuals supplying electronics, chemicals and explosives used to make Russian weapons.The package was a response to recent Russian aggression, the British government said in a statement
A landmark moment in Gulf Coast industry was celebrated today with the christening of Creole King, a state-of-the-art barge-mounted stevedoring crane, at the Port of Iberia.Operated by Cooper Consolidated and assembled by E-Crane’s Gulf Coast Service team, the Creole King represents a technological and environmental leap forward for midstream cargo operations.
Shipbuilding in the United States has seen a heightened profile with increased attention from Congress and the Trump 2.0 Administration. The ongoing dialogue regarding reinvigorating the U.S. deep sea fleet has brought mainstream attention to vessel construction, which has been nearly absent in recent years.
RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%.The Wind Industry Skills Intelligence Report 2025 has also revealed that the number of people working in onshore wind in the U.K.
The Oil Companies International Marine Forum (OCIMF) celebrated the first anniversary of SIRE 2.0, its updated and enhanced Ship Inspection Report Program.Since its launch on September 2, 2024, following a gradual roll-out to industry to replace the paper-based SIRE (VIQ7) program, over 22,000 SIRE 2.0 inspections have been completed worldwide. SIRE 2.
A tank vessel struck a pier at Joint Base Charleston’s Naval Weapons Station in South Carolina after a pilot allowed the vessel to get too close to a riverbank, the National Transportation Safety Board (NTSB) said Wednesday.The 604-foot-long tanker Hafnia Amessi struck Naval Weapons Station Pier B while transiting the Cooper River on January 14, 2024.