Tidewater Inc, CEO Quintin Kneen

Tidewater’s Quintin Kneen sees “compelling long term market backdrop”

The world’s largest operator of offshore service vessels, Houston-headquartered Tidewater Inc.(NYSE:TDW), yesterday reported its results for the three and six months ended June 30, 2023. Highlights included: What all this will mean

Diamond Offshore logo

Diamond Offshore adds to backlog

Houston-headquartered Diamond Offshore Drilling, Inc. (NYSE: DO) has reported second quarter 2023 results that saw $229 million added to its backlog. Total revenues were $281.5 million compared with $232 million in the

Seafarers Happiness Index shows that seafarers aren't so happy

Why seafarers aren’t so happy

The latest Seafarers Happiness Index report shows what its publisher, the Mission to Seafarers, characterizes as “a notable decline in overall happiness.” Of major concern, a shortage of available drinking water emerges

Admiral Rabiee is briefed pn sunken Suez Canal tugboat recovery effort

Suez Canal tugboat sinks in deadly collision with gas tanker

A salvage team yesterday recovered the body of a crew member from a Suez Canal tugboat that sank after a fatal collision with a gas tanker transiting the canal. The incident occurred

Vessel to be used on SURF contract

DOF books major West Africa SURF contract

Norway’s DOF Group ASA reports that it has been awarded a significant SURF (subsea umbilicals, risers and flowlines) contract worth in the region of $80-100 million, The contract is with a Tier

Drone strike on sanctioned Russian tanker

VIDEO: Ukrainian drone holes sanctioned Russian tanker

Ukraine has followed up on its drone strike on a Russian Navy warship with a drone strike, Saturday, on a sanctioned Russian tanker, the Sig. Interfax Ukraine quotes sources in the Security

Strikers prior to B.C. ports deal

ILWU Canada accepts B.C. ports deal brokered after minister steps in

The long running British Columbia ports labor dispute looks to have finally been settled. On August 4, members of the ILWU Canada Longshore Division voted 77.64% in favor of ratification of a

Aurora class vessels could carry U.S. auto exports

Höegh Autoliners books 5-year U.S. auto export order

Although this may come as a surprise to Americans accustomed to seeing supermarket parking lots stuffed with things like Toyotas, some U.S.-built autos are hot exports items and Höegh Autoliners ASA reports

USMMA Advisory Council will hold public meeting

USMMA Advisory Council set for first public meeting

MARAD has announced that the U.S. Merchant Marine Academy Advisory Council will conduct its first public meeting on Monday, August 7 at the USMMA campus in Kings Point N.Y. MARAD announced the

Golden Ocean Offshore vessel

Golden Energy Offshore will buy Vroon OSV quintet for $94 million

Ålesund, Norway, headquartered Golden Energy Offshore Services AS (GEOS) reports that it has entered into a binding Memorandum of Agreement (MoA) to acquire four PSVs and one SSV (safety standby vessel) from

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