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Mooreast Secures Anchor Order for Floating Offshore Wind Project

Mooreast Holdings Ltd. (“Mooreast”) has secured an order to supply its proprietary anchors for a pre-commercial floating offshore wind farm. Located off the French coast of Port-La Nouvelle and Gruissan in Southern France, Eolmed is a project developed by Qair, a European independent energy company, with TotalEnergies and floating technology supplier BW Ideol.

Mooreast Secures Anchor Order for Floating Offshore Wind Project

VARD Announces Cathrine Kristiseter Marti as New CEO

The current CEO, Alberto Maestrini will remain in his position as Chairman of the Board. He will continue to lead the Offshore and Special Vessels business in Fincantieri which VARD is part of and through this continue to support Vard’s integration in the Fincantieri Group.

VARD Announces Cathrine Kristiseter Marti as New CEO

RINA Awards AiP for Innovative DAC Green Methanol Offshore Production Platform

The multinational inspection, certification, ship classification and engineering consultancy, RINA, has awarded Kindon New Energy Technology (Jiangsu) Co., Ltd. the Approval in Principle (AiP) for its innovative green methanol offshore production platform solution. Produced entirely offshore, the methanol is derived from renewable CO2 through DAC (Direct Air Capture) technology and green hydrogen from offshore wind power water electrolysis technology.

RINA Awards AiP for Innovative DAC Green Methanol Offshore Production Platform

GeoAcoustics Appoints Dave Holland as New Chief Technology Officer

GeoAcoustics is pleased to announce that Dave Holland has been appointed as its new Chief Technology Officer (CTO). Dave, a hydrographic, geophysical, and oceanographic survey industry veteran, joins GeoAcoustics in this newly created position with the responsibility of steering development of the highly regarded GeoSwath bathymetric sonar, GeoPulse sub-bottom profiler and Pulsar side scan sonar product ranges.

GeoAcoustics Appoints Dave Holland as New Chief Technology Officer

Austal Rejects Hanwha’s Takeover Bid

Austal Limited (Austal) confirms it has received an unsolicited, conditional and non-binding indicative proposal from Hanwha Ocean Co., Ltd. (Hanwha) to acquire Austal by way of a scheme of arrangement (Indicative Proposal). Under the Indicative Proposal, Austal shareholders would receive $2.825 cash per Austal share.

Austal Rejects Hanwha’s Takeover Bid

OPT Reaches Company Milestone with $1.5 Million in Orders for WAM-V USVs in Latin America

Ocean Power Technologies, Inc. (OPT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, announced the largest quantity order in the company’s history, marking a significant commercial milestone. A valued customer engaged in the offshore energy service industry in Latin America has placed purchase orders for multiple WAM-V USV's, representing a substantial investment totaling over $1.5 million and highlighting OPT’s continued expansion in the region.

OPT Reaches Company Milestone with $1.5 Million in Orders for WAM-V USVs in Latin America

Film-Ocean Invests in Third SMD ROV

Subsea solution provider, Film-Ocean, has announced the expansion of its work-class ROV fleet with the purchase of a third hydraulic ROV from global technology manufacturer, SMD. The company has also entered into a support agreement for services and spares.

Film-Ocean Invests in Third SMD ROV
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