HOS sells four OSVs to MSC
FEBRUARY 25, 2015 — In its fourth quarter report released earlier this month, Hornbeck Offshore Services, Inc. (NYSE:HOS) reported that it had recently agreed to sell four of its 250EDF class OSVs
Oil & Gas
HHI develops LNG carrier fuel gas management system
FEBRUARY 24, 2015 — Hyundai Heavy Industries Co., Ltd. (HHI), the world’s largest shipbuilder, has developed its own gas management system for reliquefying boil off gas (BOG) from a membrane LNG containment
Farstad gets LOI for subsea newbuild
FEBRUARY 24, 2015 — Norway’s Farstad Shipping ASA has signed a Letter of Intent with Technip for utilization of the Vard 3 07 design subsea vessel Far tbn Sleipner which is under
GulfMark Offshore stock under pressure
FEBRUARY 18, 2015—In what is expected to be a challenging year for offshore support vessel operators, investment banker Cowen and Company has put out a “Market Perform” rating on the shares of
DOF Brazil unit sells five ships to private equity investor
FEBRUARY 17, 2015 — Norway’s DOF ASA reports that Brazilian subsidiary Norskan Offshore Ltda. has agreed the sale of five ships to companies owned by a Brazilian private equity fund managed by
Wärtsilä teams with Cryopac on waterways LNG fueling
FEBRUARY 16, 2015 — Wärtsilä has reached an agreement with Cryonorm Systems BV, a Netherlands based developer and supplier of cryogenic vaporizers, to form a consortium to deliver LNG systems for the
Harvey Gulf marks another LNG fueling milestone
FEBRUARY 13, 2015 — New Orleans, LA, headquartered Harvey Gulf International Marine LLC has marked another milestone, receiving the first ABS Classification Certificate and the first USCG Certificate of Inspection for a
Harvey Gulf makes LNG fueling history
FEBRUARY 6, 2015 — Harvey Gulf International Marine, LLC reports that it made North American maritime history today, becoming the first owner/operator of a dual fuel offshore support vessel to bunker LNG
Damen introduces FRP hulled fast crew supplier
FEBRUARY 6, 2015 — Damen Shipyards Group is launching a composites hulled Fast Crew Supplier 1605 to the market this month. The Fast Crew Supplier 1605 FRP (Fiber Reinforced Polymer) is an
Wärtsilä to power world’s first CNG carrier
FEBRUARY 5, 2015 — The 2,200 m3 compressed natural gas (CNG) carrier ordered from Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry Ltd. last year will be powered by an integrated Wärtsilä propulsion system.