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Dynamic Positioning

Hydra Preparing for Offshore Upturn

The SAT-14 diving system (Photo: Hydra)

Offshore and subsea construction company Hydra said it has entered into the saturation diving market in anticipation of an offshore oil and gas sector rebound.Trevor Davis, president and CEO of the Texas-based company, said Hydra has converted its flagship vessel Subsea Responder and acquired a modular

Rolls-Royce Battery System for Two Offshore Vessels

Photo: Rolls-Royce

Rolls-Royce Commercial Marine said it has received an order to deliver a battery-powered energy system for two offshore vessels (PSVs) operated by Norway-based Golden Energy Offshore.The delivery includes the SAVe Energy system, which was launched by Rolls-Royce earlier this month. In addition, the

Rolls-Royce Equips Hybrid/LNG Live Fish Carrier

Image courtesy of Nordlaks/NSK Ship Design

Nordlaks in Stokmarknes, Norway, is currently building a 385m long and 60m wide offshore salmon farm. The installation is being built at the CIMC Raffles yard in China. Nordlaks has also ordered a new hybrid/LNG live fish carrier (wellboat) to be built at the Tersan shipyard in Turkey. Rolls-Royce has

AET and Shell Sign DPST Contract

Image: AET Tankers Pte Ltd

Shuttle tanker owner AET, a wholly-owned subsidiary of  Malaysia's MISC Group, has won its first contract with Shell in Brazil to time charter one new-build dynamic positioning shuttle tanker (DPST).AET earlier this year sealed a long-term charter for two newbuild LNG-fuelled Aframax tankers with Shell

New DPS Repositioning Function for Boats

Volvo Penta’s DPS now has a Repositioning feature, which helps to maintain position in choppy waters and provides refined movement. Photo: Volvo Penta

Volvo Penta is enhancing its Dynamic Positioning System to include Repositioning functionality, meaning boaters will be able to make minor alterations to their vessel’s position with a simple tap of the joystick.The feature is the latest element of the company’s Dynamic Positioning System (DPS). DPS,

Harvey Gulf Announces New BoD

Shane Guidry, Harvey Gulf CEO

Harvey Gulf International Marine’s parent, HGIM Corp., has announced the appointment of a new Board of Directors to serve following the company’s emergence from Chapter 11 proceedings.The seven member Board includes two current members remaining on the Board and five new members, each with expertise

Bhagwan Marine Expands Fleet

CMV Athos (left)  is a 65 Metre, ABS Classed, Multi-Purpose Anchor Handling Tug Supply (AHTS) / Offshore Support Vessel (OSV). DP2 SeaMaster is a 40M Multi-Purpose ROV, Survey, Construction & Dive Support Vessel. Photo: Bhagwan Marine

Just months after moving its corporate headquarters to Perth in order to strengthen relationships with Western Australia’s largest Oil & Gas clients, Bhagwan Marine has expanded its fleet further to meet the needs of those clients.The CMV Athos and the DP2 SeaMaster are both Dynamic Positioning (DP2) vessels,

Harren & Partner Buys Offshore Construction Vessel

MV Blue Giant (Photo: Harren & Partner)

Bremen-based shipping company Harren & Partner is looking to grow its offshore salvage business with the purchase of the offshore construction vessel MV Blue Giant from English operator OIG Group.“Although the oil markets are currently still recovering, we have deliberately opted for this investment despite its counter-cyclical nature.

SunStone Orders Third Expedition Ship from China

3D rendering of an Infinity class ship (Image: SunStone Ships)

SunStone Ships, Inc. announced it has finalized an agreement with shipbuilder China Merchants Industry Holdings Co. Ltd. to build a third Infinity class expedition cruise vessel, to be named Ocean Victory. The newbuild is scheduled to be delivered in March 2021.SunStone’s President & CEO, Niels-Erik Lund,

Wärtsilä’s Acquisition of Transas is Completed

Roger Holm, President, Wärtsilä Marine Solutions (CREDIT: Wärtsilä)

The technology group Wärtsilä announces that its acquisition of Transas, a global company headquartered in the U.K., has now been finalized. Control of the company will be transferred to Wärtsilä effective from 4 May, 2018. The acquisition, which was announced in March 2018, has a transaction value of MEUR 210 (enterprise value).

Saipem Buys Lewek Constellation Vessel

Lewek Constellation sets pipelay record-in-GoM Photo courtesy of  Saipem

Italian oil and gas contractor Saipem said it has reached a deal to purchase the pipelay, heavy lift and construction vessel Lewek Constellation for $275 million. The 2013-built DP3 rigid and flexible pipeline construction vessel had been previously owned by bankrupt EMAS Chiyoda Subsea.   Saipem

Maersk, McDermott Complete Contract off India

Maersk Installer - Jumpers Photo courtesy Maersk

Maersk Supply Services said it has completed the first contract for one of its Stingray-Class newbuild subsea support vessel, Maersk Installer, with McDermott. Maersk Installer joined the project in January 2018, supporting the Vashishta development off the East Coast of India.This part of an ongoing

OSVDPA Announces MSC Approval of OSVDPA Credentials

OSVDPA Executive Director Aaron Smith

U.S. Navy’s Sealift Body Accepting OSVDPA DPO Certificates.   The Offshore Service Vessel Dynamic Positioning Authority, Inc. (OSVDPA) announced the U.S. Navy’s Military Sealift Command (MSC) is accepting OSVDPA DPO Certificates for mariners seeking employment by MSC.   MSC, headquartered in Norfolk,

Østensjø Rederi’s Sister SOVs Named at Gondán

Edda Mistral was launched and named at the Gondan shipyard in Figueras, Spain (Photo: Gondan)

Spanish shipbuilder Astilleros Gondán said it recently celebrated milestones for the two latest newbuilds under construction for owner Østensjø Rederi A/S. On Saturday, the first Spanish-built service operation vessel (SOV), Edda Passat, was named at Gondán's Figueras shipyard, and the day before,

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