To attract private shipbuilders from across the globe, Deendayal Port Authority (DPA) in Gujarat is looking to lease 2,000 acres in Kutch district to develop a shipbuilding cluster. The target is to annually build 50 very large crude carriers (VLCC) or similar class of sea-going vessels with 3.2 lakh dead weight tonnage (DWT) capacity each…. Read More
Louis Dreyfus Armateurs’ subsidiary LD Tide has won a contract to supply a crew transfer vessel for the French offshore wind project Îles d’Yeu and Noirmoutier. LD Tide will supply the 24-passenger vessel for operations and maintenance services at the Eoliennes en Mer des Îles d’Yeu et de Noirmoutier (EMYN) project. The 488MW offshore wind… Read More
Competition with China has compelled policymakers to reexamine the state of U.S. shipbuilding. In the American way of shipbuilding, the best way to expand shipyards’ industrial base and workforce is to place orders for new ships. While appropriations for new warships always fluctuate between peacetime and war, the cyclical history of U.S. shipbuilding may suggest… Read More
Notice regarding Construction of Heavy Lift Vessel (HLV) Tokyo, Japan – Penta-Ocean Construction (hereinafter POC) hereby announces that on January 27, 2025, the company has signed a shipbuilding contract with Seatrium Limited (CEO Chris Ong ) on the construction of a heavy lift vessel (hereinafter HLV), utilized for the installation of offshore wind turbine foundations…. Read More
Tidal Transit secured equity financing from HICO Investment Group to expand its fleet with six new electric crew transfer vessels (E-CTVs). As announced this expansion is a response to growing demand for zero-emission CTV solutions from offshore wind operations. The six newbuilds are to be delivered from 2026. A diesel-to-electric retrofit project (e-Ginny) is also underway,… Read More