With the U.S. government setting a target of producing 54 gigawatts of energy from offshore wind by 2030, major players in offshore wind development and maritime expertise have begun to form strategic
The American Salvage Association (ASA) recently announced that Tim Beaver, Chief Executive Officer of Global Diving & Salvage, Inc., Seattle, WA, has been elected President of the association at its National Maritime
General Dynamics NASSCO, San Diego, CA, was recently awarded a $37.38 million cost-plus-fee contract by the U.S. Navy for the fitting-out availability of San Antonio Class amphibious assault dock ship USS San
Trinity Offshore, LLC, Gulfport, Miss. is the shipbuilder selected to build the two U.S.-flag, LNG-fueled offshore support vessels approved by the Board of Harvey Gulf International Marine at the end of July.
Wärtsilä is to deliver integrated propulsion systems based on the use of LNG as fuel for two offshore support vessels for operation in the Gulf of Mexico. This is the first time
Ensco plc (NYSE: ESV) announced today that it has ordered a new ultra-premium harsh environment jack-up rig to be built under a fixed-price shipyard construction contract with Keppel FELS Limited in Singapore.
The Panama Canal Authority has awarded Spanish shipbuilder Astilleros Armon S.A. a $158.3 million contract for 14 new tugs to increase the current fleet to meet the projected growth of transits on
The U.S. Maritime Administration has approved a $346,129,000 Title XI guarantee to Vessel Management Services, Inc., a wholly-owned subsidiary of Crowley Holdings, Inc., for the construction of three 330,000 barrel double hull
STX OSV Holdings Limited has secured a new contract for the design and construction of one Platform Supply Vessel (PSV) for Troms Offshore Supply AS. The vessel will be of STX OSV’s
U.S.-flag containership operator Horizon Lines, Inc. (NYSE:HRZ) says it has completed a comprehensive refinancing of its entire capital structure that will give the company “adequate liquidity to fund continuing operations and the
