Houston-headquartered SEACOR Marine Holdings Inc. (NYSE: SMHI) reports that it has entered into a definitive sale and purchase agreement to acquire the remaining 50% of the equity interests in SEACOSCO Offshore LLC,
The Coast Guard medevaced a crew member from the 177 ft Ryan Marine Services offshore support vessel RMS Citation approximately seven miles offshore Corpus Christi, Texas, Thursday afternoon. Coast Guard Sector/Air Station
Hornbeck Offshore Services Inc. (OTCQB:HOSS) and 14 affiliated debtors yesterday filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The debtors’ bankruptcy cases are pending joint administration
Hornbeck Offshore Services Inc. (OTCQB:HOSS) reported yesterday that it has launched a solicitation of votes from its lenders and unsecured noteholders in support of a prepackaged Chapter 11 plan of reorganization. The
With extreme volatility in oil price, offshore operators are now more conscious of operating expenses and looking for more cost-effective transfer solutions. In response, Singapore’s ST Engineering Marine has unveiled a design
While Esbjerg, Denmark, headquartered Esvagt is a prominent player in the offshore wind service support area, a lot of its activity still centers on support for the offshore oil & gas industry.
Harvey Gulf International Marine reports that it has signed 18-month contract extensions for two of its LNG fueled PSVs. The extensions will keep both vessel under charter well into 2022. Harvey also
Video has surfaced on YouTube showing the collapse of a massive Liebherr offshore crane during load testing on the DEME offshore installation vessel Orion 1. Built in China, the vessel is designed
Houston-headquartered offshore drilling contractor Diamond Offshore Drilling, Inc. (NYSE: DO) reports that it and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the
Covington, La., based Hornbeck Offshore Services, Inc. (NYSE:HOS, OTCQB:HOSS) reports that it has now reached a restructuring support deal with secured lenders and unsecured noteholders on a balance sheet restructuring of the