CIMC Enric Holdings Limited announced that its subsidiary, Nantong CIMC Sinopacific Offshore & Engineering, has acquired the assets of bankrupt Qidong Fengshun Ship Heavy Industry in an online auction.

Spanish utility group Iberdrola SA and wind tower maker Windar Renovables SL and Spanish state-owned shipbuilder Navantia have signed a framework agreement for the supply of monopile foundations for the 2023-2025 period.

China Classification Society (CCS) has announced the successful surveying of the world’s first 100,000 dwt deepwater semi-submersible floating production storage and offloading installation (FPSO).

Grandweld Shipyards in the UAE has delivered the second in a series of three crew boats to Allianz Middle East Ship Management.

Drilling contractors and offshore service (OFS) providers should seek consolidation as soon as possible to secure their long-term future. This is one of the conclusions of Maritime Strategies International’s latest MODU Market Report.

Demand for floating storage and regasification units (FSRU) is buoyant as the global LNG sector bounces back from last year’s temporary blip.

There is set to be a surge in demand for wind farm installation and maintenance vessels as the number of offshore projects grows around the world.

Sembcorp Marine (Sembmarine) has delivered two wellhead topsides, one riser topside and two bridges for deployment to TotalEnergies EP Denmark.

Offshore marine shipyard Lamprell says that the use of digital twin technology at the design stage can reduce materials by up to 30%.

Singapore shipyard group Sembcorp Marine says that since the onset of the Covid-19 pandemic the majority of its projects have been delayed by at least 12 months.