Singapore-based OMS Group has secured $1.0315 billion in corporate and export credit agency-backed financing facilities, supporting a fleet expansion that includes four new fibre-optic cable-laying vessels scheduled for delivery in 2027 and 2028.The financing package comprises $911.
U.S. President Donald Trump said on Tuesday he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran."We have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom ...
Norwegian ship designer and builder VARD has secured on order from France’s Orange Marine for two additional cable laying and repair vessels of the VARD 9 03 design, to be built at Colombo Dockyard in Sri Lanka.The vessels will be based on the same design as CS Sophie Germain, delivered to Orange Marine in July 2023.
Construction of OMS Group’s next-generation cable-laying vessel, CS Resilience, has reached a milestone with the laying of its keel at CRIST Shipyard in Gdynia, Poland, on September 17, 2026.The keel laying marks the start of hull assembly for the first of two vessels being built to the ULSTEIN SX252 design for OMS Group’s GREAT-Class fleet.
ECITB Global has rolled out a suite of new courses designed to help workers operating in confined spaces within the engineering construction industry (ECI) across the world.The international skills body introduced the four new confined space courses in Qatar earlier this year to replace the confined space low and medium-risk courses.
OMS Group has started construction of CS Resilience, the third vessel in its next-generation GREAT-Class fleet, with a first steel cutting ceremony held at CRIST's shipyard in Gdynia, Poland.The milestone marks the start of construction of the cable-laying vessel, which is scheduled to enter service in 2028 and forms part of OMS Group's long-term fleet expansion program.
The Transportation Institute (TI), representing U.S.-flag American shipping companies, announced the appointment of Sara Fuentes as President of the organization. Fuentes previously served as the organization’s Vice President for Government Affairs and will lead TI’s continued work to advance a strong U.S.-flag merchant marine and a resilient American maritime workforce.
Asian countries including Vietnam, Thailand, the Philippines, Indonesia and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply, several sources including Russia said.Since the war in Ukraine prompted European customers - once the biggest buyers of Russian oil and gas - to shun Moscow
WISTA Norway has named Trygve Nøkleby, Managing Director of the Bergen Shipowners Association, the recipient of the 20th annual WISTA Norway Leadership Award, presented at the Bergen International Shipping Conference on June 10.With the honor, Nøkleby becomes only the second man ever to receive the award which recognizes an individual who has demonstrated outstanding leadership, inspired others
In March 2020, Tekarara Kabangaki would receive news that would change the course of her life forever: her husband, Eritara Aati Kaierua, was found dead aboard the fishing vessel he was working on.Now, more than five years on, questions remain concerning his death and the subsequent investigation.