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 ...

Lewes, Delaware, July 14, 2025 (GLOBE NEWSWIRE) -- The Global Dynamic Positioning System Market Size is projected to grow at a CAGR of 5.5% from 2024 to 2031, according to a new report published by ...

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 ...

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 ...

Petrobras will make history in late 2011 when it starts production from its Cascade and Chinook fields 160 miles from shore in 8,000 feet of water in the Gulf of Mexico. But it won't be the distance ...

If the dynamic positioning (DP) system went down on an offshore supply vessel, it could result in a collision. On a dive support vessel, it could result in injury or death for a diver. On a drilling ...