Valaris embarks on emission reduction quest with new 2030 target

Offshore drilling contractor Valaris has set a carbon emissions reduction target to reduce its Scope 1 emissions by 2030, aligning its sustainability goals with the Task Force on Climate-Related Financial Disclosures (TCFD) framework. Valaris issued its 2022 Sustainability Report on Monday, 17 April 2023, showcasing its commitment to environmental, social and governance (ESG) priorities. As part of... Continue Reading →

CIMC Raffles to Build 2nd Offshore Wind Turbine Installation Vessel for Havfram Wind

Offshore wind installation firm Havfram Wind has ordered a second Wind Turbine Installation Vessel (WTIV). This is the first optional vessel ordered under the existing shipbuilding contract with China's CIMC Raffles. The vessel design will be similar to the first GustoMSC NG20000X Jack-Up vessel currently under construction.  "The latest battery hybrid drive train technology is incorporated... Continue Reading →

DEME Offshore and Liftra Team Up to Develop Innovative Offshore Wind Turbine Installation Methodology

(OE) Belgium-based offshore installation services firm DEME Offshore and Danish offshore engineering company Liftra will partner up to develop an innovative offshore installation methodology for the next generation of offshore wind turbine generators.  The Liftra crane technology will be fully integrated onboard DEME’s vessels exclusively. Aalborg-based Liftra is providing the design and engineering, based on its... Continue Reading →

Tethys Marine & Logistics Becomes 51% Shareholder of OSV Firm Bourbon Guyana

Bourbon Marine & Logistics has partnered with the Guyanese company Tethys Marine & Logistics, which becomes a 51% shareholder of the Bourbon Guyana Joint Venture.  "With 75% Guyanese Directors, Bourbon Guyana thus becomes the first indigenous Offshore Support Vessels operator, fully compliant with the most recent local content regulations," Bourbon Marine & Logistics said. "With a... Continue Reading →

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