Banks take control of Bourbon assets
The assets of French offshore services giant Bourbon, which filed for court protection in back in July disclosing liabilities of over $1 billion, have been sold to a group of leading banks.
Oil & Gas
Shane Guidry takes 100% ownership of Q-LNG
Shane Guidry, CEO of Harvey Gulf International Marine, said today that he has purchased Harvey Gulf’s 30 percent ownership stake in Quality Liquefied Natural Gas Transport (Q-LNG). Guidry previously owned 70 percent
New Inmarsat service is aimed primarily at OSV operators
Inmarsat will extend its service portfolio for customers with the launch of Fleet LTE, following an agreement with subsea fiber and offshore LTE network operator, Tampnet. The new service which is primarily
Pirates snatch seven crew members from Swire Pacific AHTS
Swire Pacific Offshore (SPO) yesterday confirmed that its 2002-built, Singapore flagged AHTS Pacific Warden, was attacked offshore Equatorial Guinea on November 20, 2019 at approximately 05:00 local time. The vessel was supporting
Golden Energy Offshore and Kongsberg collaboration cuts operational fuel consumption
Norwegian offshore service vessel (OSV) owner and operator Golden Energy Offshore reports that its long-term collaboration on vessel performance monitoring with Kongsberg Maritime and deployment of Kongsberg’s containerized SAVe Energy battery system
USCG: OSV and tug collision causes 3,000 gallon diesel spill
The Coast Guard has been responding to an oil spill near Port Arthur, Texas, after Coast Guard Sector Houston-Galveston watchstanders received a report of a collision involving the180 ft offshore supply vessel
Ulstein: Zero-emission SX 190 could sea trial in 2022
Norwegian shipbuilder and designer Ulstein says it is ready to deliver a zero-emission offshore construction vessel within three years. The SX190 Zero Emission DP2 construction support vessel is Ulstein’s first hydrogen powered
Italian-owned OSV hit by pirate attack in southern GoM
Two crew members of an Italian flagged OSV were injured in a pirate attack in the southern Gulf of Mexico, Tuesday, according to multiple media reports citing Mexican Navy statements. One crew
Bourbon signs up 100 OSVs for Inmarsat Fleet Xpress
Marseille, France, headquartered offshore services giant Bourbon has signed a contract committing more than 100 offshore support vessels to Inmarsat’s Fleet Xpress maritime broadband service. The deal is a breakthrough offshore services
Harvey Gulf reports increased earnings
New Orleans headquartered Harvey Gulf International Marine said today that it increased EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) by 33% in the third quarter. The privately-owned company attributed the increase