Ultra Deep orders 142 m DSCV
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
Offshore
Fennica protesters face hefty penalties
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.
Who’s the top valued LNG shipping company?
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
Ribbon-cutting ceremony held for wind farm vessel
AUGUST 12, 2015—An official ribbon-cutting ceremony will be held today at the Warren, RI, shipyard of Blount Boats, Inc., for the first offshore wind farm crew transfer vessel being built in the
Tough quarter for Tidewater
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
Korean shipyards look to cut newbuild costs
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
Tanker demand for crude and residuals to rise
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
BSEE inspectors keep sharp eye on Shell
AUGUST 7, 2015—Inspectors from the U.S. Department of Interior’s Bureau of Safety and Environmental Enforcement (BSEE) are keeping a sharp eye on Shell’s “top-hole” drilling operations being conducted off of Alaska in
Bourbon set to keep on stacking
AUGUST 6, 2015 — Paris headquartered offshore services giant Bourbon reported record first half 2015 adjusted revenues of €758.8 million, a 13.1% increase on the equivalent period last year, but down 6.8%
Bechtel awarded FEED contract for Port Delfin FLNG
AUGUST 6, 2015 — Bechtel reports that it has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy Corporation, to perform front-end engineering and design for the first U.S.-based