Dramatic video shows capture of pirate dhow

Dramatic footage released by the U.K. Ministry of Defense January 16 shows the arrest of Somali pirates a Royal Navy task force in the Indian Ocean after a dramatic chase. A boarding

Hyde Guardian BWTS picked for two OSG newbuilds

Calgon Carbon Corporation (NYSE: CCC) announced that its subsidiary, Hyde Marine, Inc., has been awarded a contract to supply a total of six Hyde Guardian(R) Ballast Water Treatment (BWT) Systems for two

STX OSV comments on rumors of sale

Both Singapore-listed STX OSV and its majority shareholder, Oslo-listed STX Europe, have moved to downplay media reports suggesting that a sale of the company is imminent — likely to either Keppel or

Damen set to deliver tugboat trio to Venezuela

Damen Shipyards will soon deliver three tugboats to INEA (Instituto Nacional de los Espacios Acuaticos, the Venezuelan Aquatic Authority). This repeat-order follows a previous order for two Damen Stan Tugs purchased by

LEEVAC companies consolidate under LEEVAC Shipyards LLC umbrella

Jennings, La., based LEEVAC Industries, LLC and sister company LEEVAC Shipbuilding and Repair Calcasieu have changed their names and have consolidated under a newly formed holding company LEEVAC Shipyards, LLC For the

Trailer Bridge unveils plan to exit Chapter 11

Trailer Bridge, Inc.  (OTC: TRBRQ) today announced that it has reached an agreement with its major note holders and submitted a restructuring plan to the U.S Bankruptcy Court for the Middle District

IHC Offshore Systems in “hush hush” deal

Mr. W. van der Velde, Chief Technical Officer of Seaway Heavy Lifting and Mr. A.A .Kromhout, Managing Director of IHC Offshore Systems, were all smiles when they signed a recent “hush hush

Divers retrieve five more bodies from Costa Concordia

Five more bodies have been retrieved from the Costa Concordia, bringing the death toll in the tragedy to eleven. The bodies were discovered in the aft part of the vessel by Coast

Hercules liftboat engulfed in fire on adjacent rig

Hercules Offshore (NASDAQ: HERO) reports that the Mako, a 175ft class liftboat operating in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early

Carnival could face millions in punitive damages claims following Concordia grounding

Lewis S. “Mike” Eidson, partner in South Florida trial law firm Colson Hicks Eidson and former president of the American Association for Justice, the world’s largest association of trial lawyers,  believes “punitive

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