ABB teams with Presserv on vessel stacking service

With OSV stacking continuing, ABB’s marine and ports business is partnering with Norway’s Presserv AS to offer maintenance packages for vessels that serve the oil and gas industry and that are laid-up

ABB teams with Presserv on vessel stacking service

With OSV stacking continuing, ABB’s marine and ports business is partnering with Norway’s Presserv AS to offer maintenance packages for vessels that serve the oil and gas industry and that are laid-up

Caustic soda spill leads to costly deck damage

MARCH 28, 2017 — The USCG Headquarters Office of Investigations and Casualty Analysis has issued a “lessons learned” circular on the hazards of chemical spills. Earlier this year several Coast Guard marine

Tidewater: Business as usual as waiver expires

MARCH 28, 2017 — Offshore service vessel provider Tidewater Inc. (NYSE: TDW) announced today that the latest waiver of covenant default from its lenders and noteholders expired in accordance with its terms

Economou’s Ocean Rig files for bankruptcy

MARCH 28, 2017 — Deepwater drilling company Ocean Rig UDW Inc. (NASDAQ:ORIG) and various subsidiaries have entered into a restructuring support agreement with creditors and have presented winding up petitions in the

Key players sign off on OSV sector mega merger

MARCH 24, 2017 — The major players have now signed off on the statutory next step in the plans that will see Solstad Offshore ASA, Farstad Shipping ASA and Deep Sea Supply

Central Gulf sale attracts $274.8 million in high bids

MARCH 22, 2017 — U.S. Secretary of the Interior Ryan Zinke today announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico attracted $274,797,434 in high bids

Borr to take over Transocean jack-up newbuild contracts

MARCH 21, 2017 — With the approval of Transocean, Keppel FELS Limited has reached a preliminary agreement with Borr Drilling Limited of Bermuda (Borr Drilling) that will see the construction contracts for

Ezra Holdings files for Chapter 11 bankruptcy

MARCH 19, 2017 — The Board of Singapore based Ezra Holdings Limited says that on March 18, the company, together with its wholly-owned subsidiaries, EMAS IT Solutions Pte Ltd and Ezra Marine

ABS and industry experts tackle MODU safety issues

MARCH 15, 2017 — More than 50 participants, including delegates from major owners, designers, shipyards and ABS technical representatives, provided input at the recent ABS Special Committee Meeting on the class society’s

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