Responders extinguish Bayou Sorrel platform fire

MARCH 16, 2015 — The Coast Guard reports that responders have extinguished a fire that broke out Tuesday on an oil production platform in Berry Lake Canal in Bayou Sorrel, Iberville Parish,

Swedish Club analysis gives new insights into P&I claims

MARCH 16, 2015 — A report from the Swedish Club shows that the hazards and job issues that seafarers face very much depend on the type of vessel they serve on. In

VIDEO: Argentine Coast Guard sinks Chinese trawler

MARCH 16,2016 — An Argentine Coast Guard (Prefectura Naval Argentina) patrol vessel, the GC- 28 Prefecto Derbes, has fired on and sunk a Chinese flag vessel, the Lu Yan Yuan Yu 010,

Tidewater draws $600 million maximum from revolver

MARCH 16,2016 — Offshore services giant Tidewater Inc. (NYSE: TDW) reported yesterday that it has borrowed $600 million under its revolving credit facility, the maximum amount available under the facility. The funds

$1.5 million penalty and ship ban in pollution case

MARCH 16,2016 — The 6,300 dwt Antigua & Barbuda flagged multipurpose tweendecker M/V BBC Magellan won’t be seen in the U.S. for the next five years. Yesterday the two German companies that

Administration won’t open up Atlantic for offshore drilling

MARCH 16, 2015 — The Obama Administration has decided not to open up areas in the Atlantic for offshore drilling. The administration’s proposal for the Outer Continental Shelf (OCS) Oil and Gas

Another Suda liftboat set for delivery

MARCH 16, 2015 — A. K. Suda, Ltd., Metairie, LA, has successfully completed the design of a 300 ft (91.5m) truss-legged liftboat. The vessel, the Teras Lyza is being delivered to its

Engine for first ethane fueled LEG carrier passes TAT

MARCH 16, 2015 — MAN Diesel & Turbo reports that its G50 engine has successfully passed its Type Approval Test (TAT) at Mitsui in Japan. The engine will power the first ethane-fueled

Vard gets LOI for four expedition cruise ships

MARCH 15, 2015 — Norwegian headquartered Vard Holdings Limited has signed a Letter of Intent for the construction of four luxury expedition cruise vessels for French cruise company Ponant, a subsidiary of

GulfMark settles dispute over newbuild Jones Act PSVs

MARCH 15, 2016 — GulfMark Offshore, Inc. (NYSE:GLF) today announced that a settlement has been reached in dispute resolution proceedings with a U.S. shipyard [BAE Systems, Mobile, AL] over two PSV ordered

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