Shares in South Korean shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean rose more than 15% and 16%, respectively, today, after two U.S. senators debuted a bill to allow the U.S. Navy to build naval vessels in a shipyard located in a U.S. allied country.Senators Mike Lee (R-UT) and John Curtis (R-UT) have introduced two new bills aimed at enhancing the readiness and capabilities of the
Sanmar Shipyards celebrated the delivery of the RAmparts 2400SX-MKII design tug UT PATZCUARO to Americas operator Ultratug at a ceremony held at its Altinova Shipyard on October 6, 2025, following the completion of closing in Tuzla earlier the same day. The delivery marks the first tugboat built by Sanmar for Ultratug.
Norwegian offshore supply vessel owner DOF Group has signed an agreement to sell the Skandi Handler anchor handling tug supply (AHTS) vessel.The sale has been made through DOF Group’s Danish subsidiary DOF Denmark. The company did not disclose the name of the buyer or the value of the transaction.The vessel is planned to be delivered to the new owner in the fourth quarter of 2025.
Norwegian offshore vessel owner Solstad Maritime has secured work for its Normand Pioneer construction support vessel (CSV) for the end-client Petrobras.The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore (SOFF), which is the contract holder with Petrobras.
Norwegian offshore vessel owner Solstad Offshore has confirmed a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, which received board approval, is scheduled to begin in February 2026.The current contract for Normand Turquesa has also been extended by nine months and runs until start of new contract.
Norwegian shipbuilder Vard has completed the upgrades on Island Offshore’s well intervention vessel Island Wellsaver.The extensive upgrade and maintenance operation project for the Island Wellsaver vessel included the replacement of the remotely operated vehicle (ROV) system, installation of winch systems, and general maintentance work.
Huisman has secured a contract for the delivery of two Knuckle Boom Cranes, which will be installed on the new Olympic Group’s subsea construction vessels.The two 250 mt cranes will be installed on UT 7623 SEV series of Olymipic’s vessels.The contract was signed last month with China Merchants Heavy Industries (CMHI) in Shenzhen and follows a series of recent Knuckle Boom Crane deliveries to the
Norwegian offshore vessel owner Solstad Offshore has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, subject to board approval, is scheduled to begin in February 2026.The current contract for Normand Turquesa has been extended by nine months and runs until start of new contract.
Kongsberg Maritime has secured a contract for the design and integrated equipment package for a new walk-to-work offshore service vessel (OSV), to be built by ST Engineering Marine in Singapore for an oil and gas company.The 97-metre vessel of Kongsberg Maritime UT 5520 design will accommodate 106 people and features a motion-compensated gangway to enable safe transfer of personnel between to
Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialize the transportation and installation (T&I) of floating offshore wind turbines.The new solutions have been developed to streamline the entire process, from anchor and mooring installation through to electrical cable pull-in, ensuring that turbines are ready to be connected to energy grids
Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations.CMM was ranked first in Petrobras’ tender for six state-of-the-art, hybrid large multipurpose 5
Kongsberg Maritime delivered its 1,000th ship design - the IWS Seawalker, a windfarm service operation vessel (CSOV) and one of six ‘Skywalker Class’ UT5519 DE for IWS Fleet.In a naming ceremony in the port of Hanstholm, Denmark, the IWS Seawalker, becomes the third Skywalker Class vessel to be delivered, and is due to be deployed in the North Sea in the coming weeks.