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Latest news

NOV secures Hanwa jack-up vessel contract

NewBuilds
The jack-up vessel offers enhanced lifting and carrying capacities, with delivery expected in 2028.

Subsea7 awarded contract in the Mediterranean Sea

Offshore
Offshore activities are expected to commence in Q1 2028.

Meyer Turku unveils new net zero cruise ship concept

Maritime
The project AVATAR has achieved its set emissions reduction target: the vessel’s lifecycle carbon footprint was successfully reduced by more than 90 percent

NYK operates methanol-fueled bulk carrier for BHP, achieving 65% GHG emission reduction

Renewables
This initiative represents the world’s first use of low-carbon methanol fuel on an oceangoing bulk carrier (according to NYK Group research).

Ørsted receives first Hornsea 3 monopiles

Renewables
The monopiles, the first of a total of 197, produced for Hornsea 3, the world’s single largest offshore wind farm, each weigh an average of 1,670 tonnes and 90m in length.

Saipem to supply the Hydrone-W underwater ROV to ISPRA’s new oceanographic vessel

Offshore
Hydrone-W, a full-electric Work Class ROV, was developed as part of Saipem's “Hydrone” underwater robotics program

Russian tankers indicate Singapore as their destination, which does not import oil from Russia

General
Tankers carrying Russian oil are increasingly naming Singapore as their official destination, which does not import Russian oil.

Armada Technologies signs order with TUI Cruises for installation of air lubrication system

Maritime
Adoption of Armada's technology onboard the cruise vessel will result in enhanced fuel efficiency and reduced GHG emissions

Saudi Arabia orders lightweight torpedoes from Fincantieri’s WASS

Maritime
The contract is the largest in the 150-years history of WASS

Eni dispatches initial LNG cargo from Congo’s Nguya facility

Offshore
Phase 2 of the project increases liquefaction capacity to three million tonnes per annum (mtpa)

GEV Wind Power announces strategic expansion into Taiwan

Renewables
Taiwan’s offshore wind capacity is projected to reach a capacity of around 15GW by the end of 2035

EU Commission commits €347m to submarine cable security

General
In 2026, two funding calls worth €60 million will support cable repair modules, alongside a separate €20 million call for SMART cable system equipment.
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