Oil & Gas

MAY 17, 2017 — GulfMark Offshore, Inc. (OTCPink:GLFM) says it will file a voluntary chapter 11 bankruptcy filing of the on or before May 21, 2017. The company said yesterday that it has reached a…
MAY 12, 2017 — The U.S. domestic maritime industry may be outraged by the U turn made by U.S. Customs and Border Protection on closing Jones Act loopholes, but the U.K. Chamber of Shipping has…
MAY 12, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW) plans to file for Chapter 11 bankruptcy protection by May 17. The company said today that it has entered into an agreement with lenders…
MAY 11, 2017 — The Shipbuilders Council of America today joined the Offshore Marine Services Association (OMSA) and the American Maritime Partnership (AMP) in responding the announcement by U.S. Customs and Border Protection (CBP) that…
MAY 10, 2017 — U.S. Customs and Border Protection has withdrawn a January 18 revocation notice that was widely welcomed by the U.S. domestic marine industry as promising to restore American jobs by withdrawing previous…
MAY 8, 2017 — The global OSV fleet's Discounted Cash Flow (DCF) value is currently $79.9 billion, or 2.5 times higher than its current market value of $30.9 billion, according to VesselsValue (VV). The online…
MAY 4, 2017 — Covington, LA, headquartered Hornbeck Offshore Services, Inc. (NYSE:HOS) yesterday reports results for the first quarter ended March 31, 2017. The company recorded a net loss for the first quarter of 2017…
MAY 3, 2017 — Conservation and Alaska Native groups today filed a lawsuit against President Trump in federal district court in Alaska. It challenges his decision to eliminate a permanent ban on new offshore oil and…
MAY 3, 2017 —Secretary of the Department of the Interior Ryan Zinke yesterday used the floor of the OTC event to sign two secretarial orders aimed at unleashing America's offshore energy potential and growing the…
MAY 2, 2017 — Harvey Gulf International Marine today announced the delivery of the first of two, large capacity Multi Purpose Support Vessels (MPSV) built by Eastern Shipbuilding, Panama City, FL. Harvey Gulf says that…
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