AUGUST 27, 2015 – Singapore’s Ezra Holdings has entered a binding MOU that will see Japanese engineering giant Chiyoda Corporation invest in Ezra’s Subsea Services business, Emas AMC, to form Emas Chiyoda
AUGUST 26, 2015 — Norway’s Ulstein Verft yesterday launched Island Venture (Yard No. 302), the first of the two giant SX165 design offshore construction vessels ordered by Edison Chouest Offshore and Island
AUGUST 21, 2015 — Netherlands shipbuilder Royal IHC has launched Sapura Rubi, its fifth 550 t pipelaying vessel for Sapura Navegação Marítima S.A. in a ceremony at it shipyard in Krimpen aan
AUGUST 19, 2015 — The Department of the Interior’s Western Gulf of Mexico Lease sale drew just $22,675,212 in high bids for tracts on the U.S. Outer Continental Shelf offshore Texas. Just
AUGUST 19, 2015 — Singapore based Ultra Deep Group (UDS) has signed a further contract with shipbuilder China Merchants Heavy Industry. It covers the construction of one Ultra Deep Installer – Multipurpose
AUGUST 17, 2015—Protesters who temporarily blocked the entry of the MSV Fennica from reaching Vigor Industrial’s Portland, OR, shipyard for repairs could face civil penalties up to $25,000 each, says the U.S.
AUGUST 17, 2015—What company has the Highest Value Whole Gas (either LNG or LPG) shipping fleet? According to VesselsValue.com, that honor belongs to Teekay LNG Partners, with 37 vessels and a capacity
AUGUST 11, 2015—Amid the challenging oil market conditions, offshore support vessel owner Tidewater Inc., New Orleans, LA, reported a first quarter net loss for the period ended June 30, 2015, of $15.1
AUGUST 10, 2015—South Korean shipyards are market leaders for construction of floating and fixed offshore oil and gas installations. They are world-class competitively, but even greater savings could result from addressing variations
AUGUST 8, 2015—Tanker demand for crude and residual fuel products is expected to increase by 2.5% in 2015 from year ago levels as a reduction in oil prices and improving refining economics