HAPO International Barges agreed to buy Hua Dian Bo Qiang 02 (ex Hydrodeck) from Shanghai Bo Qiang Heavy Industries. The 140m x 40m x 12m barge will join as H-461, with handover near Shanghai toward the end of April.
QatarEnergy suspended the North Field Expansion after the US-Iran conflict began on 28 February 2026. Strikes on Ras Laffan and Mesaieed and the Strait of Hormuz closure have halted offshore work and clouded NFE and NFS timelines.
Subsea7 lifted Q4 2025 adjusted EBITDA to $477 million and proposed a Nkr13 dividend while maintaining 2026 guidance. The Saipem merger still targets completion in H2 2026 pending approvals.
OMS Group awarded Ulstein two cable-laying newbuilds (130 m × 22 m), each up to 6,500 tonnes of cable, with delivery targeted for 2028 from Ulstein Verft.
CIMC Raffles signed a second SRI newbuild with Van Oord. The BV-classed 199 m DP2 vessel uses biofuel/methanol engines and a battery-backed DC grid to cut CO₂.
Vantris Energy has sold its 40% stake in L&T-Sapura Shipping to Larsen & Toubro for about $30.5 million, exiting the LTS3000 JV and redirecting capital to core, wholly owned assets.
Boskalis’ Seapiper has begun its first European rock-installation project in the North Sea after loading more than 13,800 tons of rock in Norway, following extensive modifications from its former role as Fjell.
DEME has taken delivery of its new wind turbine installation vessel Norse Wind, equipped for 15MW+ turbine installation and expanding the company’s offshore renewables fleet.
COSCO’s semi-submersible heavy-lift vessel RED ZED 1 arrived in Malta after transporting Saipem’s CASTORO 10 from Brazil
