Waller Marine gets FEED contract for 400 MW FPP

FEBRUARY 25, 2016 — Waller Marine, Inc., (WMI), Houston, TX, has been contracted by Vires Energy Corporation of the Philippines to produce the Front End Engineering Design (FEED) of a nominal 400

First ship loaded with U.S.-produced LNG heads to Brazil

FEBRUARY 25, 2016—In an historic voyage for the export of U.S.-produced Liquefied Natural Gas (LNG), the Asia Vision left the Sabine Pass Terminal in Louisiana on February 24 loaded with 160,000 m3

Island Offshore in financial restructuring move

FEBRUARY 24, 2016 — Responding to a press report, Island Offshore Shipholding L.P., in an Oslo Stock Exchange announcement today confirmed “that agreement in principle on the terms of a proposed restructuring

First work for DLV 2000 will be on INPEX Ichthys Project

FEBRUARY 22, 2016 — McDermott International, Inc. (NYSE:MDR) says that the first work for its  new flagship derrick lay vessel, the DLV 2000, will be on the INPEX Ichthys LNG Project offshore

Advanced offshore vessels feature ABB technology

FEBRUARY 18, 2016 — ABB is to supply the power, propulsion and energy storage solution for what it describes only as “two of the most innovative vessels operating in the offshore oil

McDermott sets date for naming flagship derrick lay vessel

FEBRUARY 18, 2016 — McDermott International, Inc. (NYSE:MDR) plans to name its new flagship derrick lay vessel, the DLV 2000, in a ceremony at Keppel’s Singmarine Shipyard in Singapore on Thursday, April

Oceanteam settles IP suit out of court

FEBRUARY 15, 2016 — Norwegian operator Oceanteam reports that it has reached an out of court settlement over an intellectual property infringement case that it filed against ship design specialist Sawicon AS

Sete woes help push Sembcorp Marine into loss

FEBRUARY 15, 2016 — Singapore based Sembcorp Marine posted a 2015 net loss of Singapore $290 million (US $207.3 million) on revenues of  Singapore $4.97 billion, down 15% from FY 2014’s Singapore

LNG fueling facility is another first for Harvey Gulf

FEBRUARY 12, 2016 — New Orleans headquartered Harvey Gulf International Marine has opened the first marine LNG fueling terminal in North America. Less than one year after taking delivery of Ameica’s first

Mitsui takes $95 million hit on Teekay AHTS quartet

FEBRUARY 12, 2016 — Japan’s shipbuilder Mitsui Engineering & Shipbuilding Co., Ltd. (MES)  is facing a $95 million loss on the four 306 ton bollard pull Ulstein SX157 design ocean going AHTS

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