From mooring lines at the dock to dynamic positioning systems in deep-water oil fields, keeping a massive ship in place is a ...

Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services ...

Sonardyne International has been awarded a contract by General Electric's (GE’s) Power Conversion business to provide underwater positioning and tracking technology for the Republic of Korea Navy’s ...

Based on equipment class, the Class 3 segment is expected to record the highest CAGR during the forecast period. Class 3 is the fastest-growing segment in the dynamic positioning system market due to ...

Seadrill Limited, an offshore drilling contractor, Kongsberg Maritime AS, a global technology leader, and Hanwha Drilling, a provider of offshore drilling services, announced a strategic alliance to ...