Tidewater's 2024 Net Income Jumps

Tidewater has announced that its net income for the 12 months ended December 31, 2024 was $180.7 million, compared to $97.2 million for the previous year.The company’s revenue for the three and

IMO Getting Ready to Seal the Deal on a GHG Emissions Pricing Mechanism

There were no major breakthroughs in the on-going discussions about a universal levy at the IMO's Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) last week. Any GHG

Dealing with Hydrogen

This week, the European Commission presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.It was generally well received by European shipowners and ports,

A New Thriller About an Amazing Rescue

In the early days of dynamic positioning, the 1960s and 70s, commercial deepsea divers soon learned how good their support vessel’s DP footprint was. Their lives depended on it. If a vessel

Cadeler’s Newbuild Offshore Wind Vessel Secures Work in US

Danish offshore wind installation firm Cadeler has signed a firm contract for the deployment of its newbuild offshore wind vessel, the Wind Pace, at an offshore wind farm located in the United

Beacon Offshore’s Shenandoah FPS Reaches US Ahead of Deepwater Installation

The Shenandoah floating production system (FPS) has been transported to the Gulf of America ahead of wet tow and offshore installation at the Shenandoah deepwater field at Walker Ridge project site, developed

Valmet Hooks Methanol Automation Order for Jan de Nul’s CLVs

Finland-based Valmet has booked an order for a marine methanol fuel automation control system for two cable-laying vessels (CLVs) being built for Jan de Nul in China.The vessels will be built in

ST Engineering Hires Kongsberg to Equip New W2W Vessel

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

San Francisco Bay Ferry’s board of directors has authorized the purchase of America’s first three battery-electric, zero-emission high-speed passenger ferries. The $46 million contract was awarded All American Marine Inc. (AAM), Bellingham,