April 2025

Table of Contents

1. Mega Machines: The ‘Bionic Man’ of Dredging

   Fred Paup, Chairman of the Board, EVP, Manson Construction discusses the new $200m, 15,000 cu. yd. hopper dredge in Brownsville, Texas – the Frederick Paup. By Greg Trauthwein

   p. 36

2. LDA Plows Ahead on Fleet Renewal

   Gaël Cailleaux, Louis Dreyfus Armateurs (LDA), discusses the order for new SOVs that will lean on lessons-learned from operating first-gen Hybrid-Electric SOVs. By Greg Trauthwein

   p. 16

3. FPSO Market: Demand Steady, Prices Soar

   Matt Tremblay, VP, Global Offshore at ABS, shares drivers for the market in 2025 and beyond, from new designs to digitalization’s evolving role in maintenance. By Greg Trauthwein

   p. 26

4. Alternative Energy: Search for the Holy Grail

   As the maritime sector starts to pivot from the propulsion package that has prevailed for more than a century, a look at the potential impact diversification of energy systems could have on shipyard profitability. By Robert Kunkel

   p. 16

5. Where Offshore Wind Grows

   The East Asia and Pacific (EAP) region is rapidly emerging as a global leader in offshore wind energy. By Alisa Reiner

   p. 28

6. Dynamic [Positioning] Efficiency

   There’s no one-size-fits-all in dynamic positioning systems, but each is crafted with efficiency in mind. By Wendy Laursen

   p. 32