Latest News for: Deepwater construction

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Dynamic Positioning System Market worth $8.65 Billion by 2030, at a CAGR of 6.3%

GetNews 14 May 2025
As offshore energy projects, including deepwater drilling and subsea construction, continue to expand, the demand for DP Class 3 systems is increasing.
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Carrier USS Truman Loses Another F/A-18 Fighter in Red Sea

The Maritime Executive 07 May 2025
Wreck recovery efforts in the contested waterway have not yet been announced; if the ceasefire holds, the unarmed subsea construction vessels that are often used for these deepwater salvage projects ...
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PM Modi to inaugurate Vizhinjam port: significance of India’s first transshipment hub

Financial Express 02 May 2025
Until now, India lacked a full-fledged deepwater container transshipment port ... India is also developing a deepwater port at Vadhvan in Maharashtra\u2019s Palghar district, where construction began in August 2024.
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Morning news wrap: Heavy rain in Delhi kills four, PM Modi to inaugurate Vizhinjam seaport, and more

The Times of India 02 May 2025
With deepwater capabilities and AI tech, it marks a major leap in maritime trade. Constructed at an estimated cost of Rs 8,867 crore through a public-private partnership with Adani Ports and SEZ Ltd., ...
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SBM Offshore to install BP’s Gulf of Mexico production unit

Splash24/7 01 May 2025
The contract builds on SBM Offshore’s competence in deepwater moorings and installation. The company has installed more than 150 floating systems worldwide, including 45 FPSOs in deepwater.
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