Ålesund, Norway, headquartered Fincantieri group member Vard has won a contract to design and construct an offshore wind Service Operation Vessel (SOV) for Taiwan’s Ta San Shang Marine Co., Ltd., a joint
A 236.80 meter long and 52.00 meter wide crane ship ordered by Belgium based Jan De Nul Group at the CMHI Haimen Shipyard in China last November (see earlier story) will have
Covington, La., based Hornbeck Offshore Services, Inc. (NYSE:HOS, OTCQB:HOSS) reports that it has now reached a restructuring support deal with secured lenders and unsecured noteholders on a balance sheet restructuring of the
United Arab Emirates based offshore fabrication specialist Lamprell plc is consolidating its operations in one yard. “At least for the time being,” it says. As part of what Lamprell calls its “self-help
Virginia Governor Ralph Northam signed the Virginia Clean Economy Act (VCEA) into law over the weekend. The legislation, which passed in the state Senate and the House of Delegates in March, paves
Utilizing Edison Chouest Offshore’s Remote Monitoring Center (RMC), ABS has performed the first ever remote Failure Mode Effect Analysis (DP/FMEA) as part of completing the special survey of the machinery of Chouest’s
Covington, La., based Hornbeck Offshore Services (OTCQB:HOSS) plans to file for Chapter 11 bankruptcy protection. In a Form 8K dated March 31, the company reported that it and certain of its subsidiaries
The 2020 OTC event in Houston, which had originally been planned for early May, has now been cancelled. The next presentation of the event has now been set for May 3-6, 2021..
Over the past 18 months, the transformation of Brayton Point in Somerset, Mass., has reached significant milestones as the landscape shifted from its historic use as a coal-fired power plant to an
Skudeneshavn, Norway, headquartered Solstad Offshore ASA reported yesterday that a majority of its creditors — including secured lenders, leasing companies, industrial shareholders and key bondholders — have established a common plan to