Subsea 7 takes $47 million hit in Brazil
JUNE 1, 2016 — Oslo-listed Subsea 7 S.A. reports the early termination of the day-rate contract for its Pipelay Support Vessel (PLSV), Seven Mar, working for Petrobras, offshore Brazil, effective May 31,
Oil & Gas
Jurong delivers rig built for Hercules to Maersk
MAY 31 2016 — Sembcorp Marine’s Jurong Shipyard, has delivered the high-specification jack-up rig Maersk Highlander (formerly known as Hercules Highlander) to Maersk Highlander UK Ltd. This follows the announcement last week
Eastern launches 340 ft MPFSV for Harvey Gulf
MAY 24, 2016 — Eastern Shipbuilding Group, Inc., Panama City, FL, reports that its Allanton Shipyard last month launched Harvey Blue-Sea (Hull 250) the second of two 340 ft multi-purpose service vessels
First ALP Maritime SX17 named at Niigata
MAY 19, 2016—The first of four Ulstein SX157 design ultra-long distance towing and anchor handling vessels was named ALP Striker in a shipyard ceremony last week. The four vessels, each with a
Offshore companies ink MOU on engineering standards
MAY 18, 2016 — McDermott International, Inc. (NYSE:MDR) reports that it and 14 other leading offshore companies have signed a Memorandum of Understanding (MOU) to establish engineering industry standards. Known as the
Singapore’s Kim Heng inks $452 million Iran MOU
MAY 14, 206 —Singapore listed Kim Heng Offshore & Marine Holdings Limited reports that a wholly-owned subsidiary has entered into a non-binding memorandum of understanding with the Iran Marine Fund to explore
Vard wins $300 million, 15 vessel order
MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy
Vard wins $300 million, 15 vessel module carrier order
MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy
Third LNG fueled PSV goes to work for Shell in Gulf
MAY 10, 2016 — Shell Offshore Inc. today took delivery of its third liquefied natural gas (LNG) fueled offshore supply vessel (OSV) in Port Fourchon, LA. Chartered from Harvey Gulf International Marine,
HOS flagship MPSVs feature advanced GE solutions
MAY 4, 2016 — GE (NYSE: GE) solutions provided for two 302 ft diesel electric Z-drive MPSVs built by Eastern Shipbuilding for Hornbeck Offshore Services include the first MKII MV3000 Active Front