Westford USA, April 10, 2023 (GLOBE NEWSWIRE) -- The market for Dynamic Positioning Systems (DPS) is poised to grow at a CAGR of 10.6% over the forecast period (2022-2030) and reach a value of USD ...

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 ...

Kongsberg Maritime has announced the introduction of two new sizes to its Underwater Mountable, Permanent Magnet (UUC PM) azimuth thruster range, expanding its offering for propulsion solutions for ...

Hornbeck Offshore said it has installed a dynamic positioning (DP) simulator that provides an interactive and immersive training experience for current and future mariners who serve in DP officer (DPO ...

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 ...

While offshore drilling in shallower waters allows a jackup to position itself on the sea floor above the location, drilling in deepwaters requires the rig, whether a semisub or a drillship, to float ...