Author: Administrator

  • News

Washington State Ferries Chetzemoka has propeller problems

After one year in service, Washington State Ferries’ 64 car ferry Chetzemoka has developed hairline cracks in its propellers, potentially from improperly cast stainless steel. The problem became public knowledge  when State

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SMIT and SAAM joint towage operation in works

Royal Boskalis Westminster N.V. (Boskalis) announces that discussions are underway with Sudamericana Agencias Aereas y Maritimas S.A. (SAAM) to explore the possibilities and opportunities for a joint towage operation within the American

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Teekay Offshore moves ahead on Sevan Piranema acquisition

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (NYSE: TOO), reports that Teekay Corporation and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema  floating production,

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Bourbon CEO sees increasing utilization and day rates ahead

“Prospects for increasing utilization rates and daily rates are set fair for the fourth quarter in deep and shallow water offshore” says Christian Lefèvre, Chief Executive Officer of Paris-headquartered offshore services giant

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Hornbeck Offshore ups its stock offering

Following the announcement that its board had approved a massive $720 million newbuilding program earlier in the week, Hornbeck Offshore Services, Inc., Covington, LA, said today that it would increase the size