Oil & Gas
MARCH 25, 2015—In maritime attorneys Winston & Strawn LLP’s MaritimeFedWatch blog, Charlie Papavizas writes that the U.S. Congress is considering whether to reverse the 1975 ban on crude oil exports prompted by the U.S. shale…
MARCH 12, 2015 — Bergen, Norway, headquartered Noryards has booked an order from Norway's BOA Offshore for a 108 m x 24 m eco-friendly Inspection Maintenance and Repair (IMR) Vessel. The total contract value is…
MARCH 6, 2015—Edison Chouest Offshore (ECO) has selected Cat’s EPA Tier 4 Final-compliant C280-16 generator sets for two new ice class, diesel-electric-powered Multi-Purpose Supply Vessels (MPSVs) under construction at ECO’s La Ship in Houma, LA.…
FEBRUARY 25, 2015 — In its fourth quarter report released earlier this month, Hornbeck Offshore Services, Inc. (NYSE:HOS) reported that it had recently agreed to sell four of its 250EDF class OSVs currently chartered to…
FEBRUARY 24, 2015 — Hyundai Heavy Industries Co., Ltd. (HHI), the world's largest shipbuilder, has developed its own gas management system for reliquefying boil off gas (BOG) from a membrane LNG containment tank for use…
FEBRUARY 24, 2015 — Norway's Farstad Shipping ASA has signed a Letter of Intent with Technip for utilization of the Vard 3 07 design subsea vessel Far tbn Sleipner which is under construction at Vard's…
FEBRUARY 18, 2015—In what is expected to be a challenging year for offshore support vessel operators, investment banker Cowen and Company has put out a “Market Perform” rating on the shares of GulfMark Offshore (NYSE:…
FEBRUARY 17, 2015 — Norway's DOF ASA reports that Brazilian subsidiary Norskan Offshore Ltda. has agreed the sale of five ships to companies owned by a Brazilian private equity fund managed by Mantiq Investimentos and…
FEBRUARY 16, 2015 — Wärtsilä has reached an agreement with Cryonorm Systems BV, a Netherlands based developer and supplier of cryogenic vaporizers, to form a consortium to deliver LNG systems for the European inland waterway…
FEBRUARY 13, 2015 — New Orleans, LA, headquartered Harvey Gulf International Marine LLC has marked another milestone, receiving the first ABS Classification Certificate and the first USCG Certificate of Inspection for a vessel fueled by…
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