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.
Author: Administrator
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)