The Dynamic positioning reference article from the English Wikipedia on 24-Jul-2004
(provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Dynamic positioning

Helping orphans the way you would do it
Dynamic positioning (DP) is a method of maintaining a ship in a fixed position by using her own propellers and thrusters. This allows operations at sea where mooring or anchoring is not feasible due to deep water, strong winds or other problems.

Dynamic positioning may either be absolute in that the position is locked to a fixed point over the bottom, or relative to a moving object like another ship. One may also position the ship at a determined angle towards wind and waves.

Dynamic positioning is much used in the North Sea oil industry. Important applications are oil tanker offloading in oilfields while fixing the position very close to the off-loading equipment. Diving vessels also fix their positions while having divers or remote operated vehicles in the water.