Offshore

Lloyd’s Register (LR) has signed an MoU with Samsung Heavy Industries (SHI) for the joint development of a FPSO system for green ammonia.  

A new industry partnership has been formed to develop a next-generation service operation vessel (SOV) for floating offshore wind projects.

On September 18, 2024, the U.S. Department of Energy’s Water Power Technologies Office (WPTO) opened an opportunity for up to $112.5 million in funding to advance the commercial readiness of wave energy technologies through open water testing and system validation.

At the 150th annual conference of the International Union of Marine Insurance (IUMI) in Berlin, it was reported that global premiums in the Offshore Energy sector reached USD 4.6 billion in 2023, a 4.6% increase from the previous year.

Norwind Offshore has received the Norwind Storm, an advanced offshore windfarm support vessel, four weeks ahead of schedule on July 18, 2024, departing from the shipyard on July 22, 2024. This vessel is one of five CSOVs in a series designed by Vard Group for Norwind.

Bureau Veritas (BV) has awarded the Dutch-Norwegian renewable energy company SolarDuck the world’s first Prototype Certification for its floating offshore solar technology, as applied in SolarDuck’s 0.5 MW pilot "Merganser".

CrossWind recently received a Project Certificate from Lloyd’s Register for the Hollandse Kust Noord wind farm, located 18.5 kilometres off the coast of the Netherlands.

ABS has issued an Approval in Principle (AiP) to Yantai CIMC Raffles Offshore, for its design of a dual-fuel methanol, heavy-duty, offshore wind turbine installation vessel (WTIV).

The Australian Government has strengthened its legislation to ensure the safety of workers on offshore oil and gas projects.

BIMCO has released the Dynamic Positioning (DP) Annex for SUPPLYTIME 2017, to advance contractual standards in the shipping industry.