Tidewater Expands in Brazil with $500M Wilson Sons Ultratug Deal
Tidewater is set to acquire Wilson Sons Ultratug for $500 million, expanding its fleet with 22 offshore vessels in the Brazilian market, as reported by Seatrade Maritime.
Latest maritime fleet updates and reports
Seatrade Maritime
Tidewater is set to acquire Wilson Sons Ultratug for $500 million, expanding its fleet with 22 offshore vessels in the Brazilian market, as reported by Seatrade Maritime.
gCaptain
A significant partnership between South Korea’s Hanwha Ocean and Ontario Shipyards aims to revitalize shipbuilding in Canada’s Great Lakes, as reported by gCaptain. This collaboration also focuses on developing a skilled workforce for future submarine construction.
Offshore Energy
Transocean, a Switzerland-based offshore drilling contractor, has secured multimillion-dollar assignments and extensions for seven mobile offshore drilling units, bringing its backlog to $6.1 billion, as reported by Offshore Energy.
Offshore Energy
Valaris, an offshore drilling contractor incorporated in Bermuda, has secured new drillship and jack-up rig assignments worth $900 million across various regions, including Africa, Asia-Pacific, Europe, and the Americas, as reported by Offshore Energy. This development increases Valaris' backlog to $4.7 billion.
Offshore Energy
DOF Group, a Norwegian vessel owner, is expanding its fleet by acquiring two anchor handling tug supply (AHTS) vessels while also planning to offload one AHTS ship, as reported by Offshore Energy. This move signifies DOF's strategy to enhance its operational capabilities.
Offshore Energy
Tullow Ghana Limited, a subsidiary of Tullow Oil, is moving forward with plans to acquire a floating production, storage, and offloading (FPSO) vessel operating off Ghana's coast, as reported by Offshore Energy. This acquisition marks a significant investment in Tullow's West African operations.
Splash247
Splash247 reports that a $4.2 billion sale of ZIM to Germany's Hapag-Lloyd has led to protests and a strike in Israel. The acquisition plan involves Hapag-Lloyd taking over ZIM, with Israeli operations being spun off into a new entity called 'New ZIM', controlled by FIMI.
Seatrade Maritime
CMA CGM has finalized a significant contract with Cochin Shipyard for the construction of six new container ships, as reported by Seatrade Maritime. This order marks a notable collaboration between the French container line and the Indian shipyard.
gCaptain
The U.S. Navy has issued a Request for Proposal for a Vessel Construction Manager to oversee the Medium Landing Ship program, marking a shift from traditional shipbuilding practices, as reported by gCaptain. This new approach aims to mitigate setbacks experienced in previous frigate projects.
Splash247
Navios Maritime Partners, listed in New York, is expanding its dry bulk fleet by securing two newbuilding capesize vessels from Japan, as reported by Splash247. The vessels, equipped with scrubbers, will be acquired under 12-year bareboat contracts, according to the company's quarterly earnings report.