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Providing operational and technical shipping news and in-depth analysis on ship design, build, operation, repair, recycling, regulation and technology from around the world.
- 104articles · 30d
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- Aug 16, 2026earliest in window
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News
From technology promise to proven performance: maritime electrification faces the real-world test
4+ day, 9+ hour ago (741+ words) The maritime industry is moving beyond asking whether vessels can be electrified. The question now is whether these technologies can deliver in real-world operations and make commercial sense. That question will take centre stage at the 7th annual Maritime Hybrid, Electric…...
OceanPact/CBO merger secures approval from CADE
1+ week, 2+ day ago (109+ words) The planned merger between OceanPact Serviços Marítimos and Grupo CBO has secured approval from CADE, Brazil’s Administrative Council for Economic Defence With all conditions precedent having been met, the deal is due to close on 16 September 2026. Once the deal is…...
Tidewater completes acquisition of Brazil’s Wilson Sons Ultratug
1+ week, 6+ day ago (164+ words) Tidewater has completed the acquisition of Wilson Sons Ultratug and its affiliate Atlantic Offshore Services The company announced the plan to acquire Wilson Sons in February 2026, and said the deal was valued at US$500M. Wilson Sons Ultratug, which is a…...
Cadeler ‘delivering on its strategy,’ posts strong financial results
2+ week, 6+ day ago (260+ words) Offshore wind installation company Cadeler says revenue and EBITDA more than doubled in H1 2026 compared with the same period in 2025 Publishing interim financial results for the first half of 2026, the company said they demonstrate that its fleet strategy “is delivering as…...
Royal IHC appoints former Stork, Fugro executive as new CEO
3+ week, 41+ min ago (257+ words) Dutch ship designer and builder Royal IHC has confirmed that the company’s chief executive Derk te Bokkel is to hand over his role to Erik-Jan Bijvank with effect from 1 October 2026 In a statement, the company said, “Derk te Bokkel joined…...
Eidesvik Offshore sees modest increase in Q2 performance
3+ week, 3+ day ago (260+ words) Eidesvik Offshore had second quarter 2026 revenue of NKr204M (US$22M), an increase of NKr6M (US$640,000) compared to Q2 2025 Eidesvik Offshore chief executive Helga Cotgrove said the company’s performance in the quarter was adversely affected by lower utilisation, due to Viking Energy being off hire…...
Boskalis has ‘solid’ six months but says its ‘not immune to geopolitical events’
3+ week, 3+ day ago (257+ words) Dutch offshore renewables, oil and gas and dredging company Boskalis says it had a ‘solid’ first six months in 2026, but it would have been better were it not for geopolitical uncertainty However, the company noted that, in an environment characterised…...
TGS invests in LEO satellite connectivity for its seismic vessels
3+ week, 4+ day ago (552+ words) Oslo, Norway-listed seismic vessel owner TGS has signed a multi-year contract for high-bandwidth, low-latency data services for its fleet of vessels TGS has turned to the growing low Earth orbit (LEO) satellite technology for high-speed and low-latency communications and data…...
Kratt: Estonia’s new CBM-burning SAR battery hybrid-electric workboat
3+ week, 5+ day ago (942+ words) Estonian State Fleet’s newest multipurpose emergency response and buoy maintenance vessel will run on compressed biomethane and a 400-kWh energy storage system A new €22M (US$25.5M) multipurpose workboat has been built in Estonia. It features hybrid propulsion and will operate in…...
Rock installation vessels evolve as offshore wind demand grows
3+ week, 5+ day ago (415+ words) Although accounting for only a small number of vessels in the global offshore fleet, the rock installation vessel segment has seen major changes and significant investment in recent years In August 2026, a massive vessel, converted into a subsea rock installation…...