Kvichak building two more response boats for NYPD

Kvichak Marine Industries, Seattle, Wash., is currently constructing two more 44 ft 11 in x 14 ft 7 in Response Boat Medium – C (RB-M C) vessels for operation by the New

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

BOEM announces first GoM lease sale since Deepwater Horizon incident

Department of the Interior Secretary Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today announced that BOEM will hold the first oil and natural gas lease sale

Orders for bigger containerships are in response to rising bunker costs

Despite weak freight rates and a poor time charter environment, containership operators are ordering ever larger vessels. Though this may seem counter-intuitive, shipbroker Braemar Seascope says it reinforces a trend that is

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

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,

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

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

W&O Supply incorporates in Brazil, with first office in Rio

W&O Supply has established operations in Brazil, with the first office located in Rio de Janeiro. “The growing marine and offshore industries in Brazil provide incredible opportunity for us,” said Michael Hume,

Salazar announces proposed 2012-2017 OCS leasing program

Secretary of the Interior Ken Salazar has announced a Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017.  It makes more than 75 percent of undiscovered technically recoverable oil

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