Tidewater reports lower first quarter earnings

Offshore service vessel giant Tidewater Inc. (NYSE:TDW) today reported first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million.

Keppel Shipyard secures more FPSO contracts

Singapore’s Keppel Shipyard Ltd. has secured two contracts worth a total of S$146 million to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an

Marco Polo Batam shipyard gets $3.8 million newbuilding order

Singapore’s Marco Polo Marine Ltd. (MPM) has secured a new shipbuilding contract to construct two towing tugs and two deck cargo barges for PT. Pelayaran Nasional Bina Buana Raya Indonesia for apporoximately

Converteam to supply IPS for Mobile Landing Platform ships

Converteam is to design and supply the complete electric power, propulsion and vessel automation system for the U.S. Navy’s Mobile Landing Platform (MLP) program. Shipbuilder General Dynamics NASSCO has commissioned Converteam to

Prospector Offshore orders two more jack-ups at Shanghai Waigaoqiao

Oslo-listed Prospector Offshore Drilling S.A. (PROS) reports that it has entered into a turnkey contract for the construction of two additional high specification harsh environment F&G JU-2000E jack-up drilling rigs at the

Carnival agrees construction of three new cruise ships

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) says that it has reached agreements for the construction of three new cruise ships – one 132,500-ton vessel for its Costa Cruises brand and

Darling named President of AEP River Operations

Keith Darling has been appointed President of AEP River Operations, LLC, a subsidiary of American Electric Power Co., Inc., effective immediately. He succeeds Mark Knoy, who has been appointed President and CEO

Waterways Council names new President & CEO

Waterways Council, Inc.’s (WCI) Board of Directors unanimously elected Mike Toohey as the organization’s President and Chief Executive Officer.  Toohey, who has more than 30 years of federal government expertise, will replace

Rolls-Royce books orders for Island Offshore supply vessel systems

Rolls-Royce has won a  GBP 20 million order to design and supply power and propulsion systems for the two UT 776 CD supply vessels ordered by Island Offshore from STX OSV’s Brevik,

Resolve starts Sri Lanka wreck removal project

Resolve Salvage and Fire (Asia) Pte Ltd., a subsidiary of U.S. – based Resolve Marine Group, Inc., has started the removal of six vessel wrecks that were sunk in Kankesanthurai Harbor (KKS)

LOAD MORE