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 ...

GE’s Power Conversion business debuted its latest Dynamic Positioning (DP) system at OTC. It is more energy efficient, better integrated and—most importantly—more mariner friendly, GE said. Since they ...

Growing reliance on DP technology, a burgeoning global market and the focus on offshore safety means that DP capabilities are no longer optional. The requirement for Dynamic Positioning (DP) ...

Hexagon | Veripos has expanded its inertial solution SPAN GNSS+INS technology from NovAtel, also part of Hexagon, to dynamic positioning (DP) applications and vessels. SPAN technology delivers a ...

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 ...

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 ...