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JULY 17, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW), which filed for Chapter 11 bankruptcy protection back in May, reports that the U.S Bankruptcy Court for the District of Delaware has confirmed the…
JULY 17, 2017 — A number of law firms have now filed class action lawsuits against George Economou's DryShips Inc. (NASDAQ:DRYS) and certain of its officers. Law firms bringing the suits on behalf of DryShips…
JULY 17, 2017 — Huntington Ingalls Industries (NYSE:HII) announced today that United Steelworkers Local 8888 members at its Newport News Shipbuilding division voted 1,985-131 in favor of a new labor agreement. The current contract expired…
JULY 17, 2017 — Here's another piece of legislation that, mercifully, has no chance whatsoever of passage. U.S. Senator John McCain (R-AZ) has yet again introduced legislation that would repeal the Merchant Marine Act of…
JULY 17, 2017 — Five 20,000 TEU containerships ordered by China Cosco Shipping Corporation Limited at Dalian Shipbuilding Industry Co (DSIC) and Shanghai Waigaoqiao Shipbuilding will sail with high efficiency full spade rudders delivered by…
JULY 17, 2017 — A 150,000-gallon self-propelled bunkering tanker under construction for Maxum Petroleum at Jesse Co Metal Fabrication and Machinery, Tacoma, WA, will be less than 100 gross tons and thus qualify for a…
JULY 14, 2017—While much of the discussion about offshore wind farms in the U.S. has focused on the Eastern Seaboard, one developer is moving forward with a project on Lake Erie near Cleveland. When it…
JULY 14, 2017—The U.S. Department of the Interior is to offer 75.9 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development in a region-wide lease sale scheduled for…
JULY 14, 2017 — A GAO report finds that the Navy continues to accept ships with a substantial number of defects and that not all of those defects are rectified by the time the ships…
JULY 14, 2017 — The Bureau of Ocean Energy Management yesterday conditionally approved a Beaufort Sea exploration plan (EP) it received from Eni US Operating Co. Inc., a subsidiary of Italian multinational oil and gas…
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