Tidewater emerges from Chapter 11 bankruptcy

JULY 31, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW) reports that effective today, the company and its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing its reorganization

Exmar takes delivery of world’s first FLNG barge

JULY 28, 2017 — Exmar has taken delivery of he world’s first barge-based floating natural gas liquefaction and storage, the Caribbean FLNG (CFLNG), from Chinese shipbuilder Wison Offshore & Marine. Delivery took

France’s first wind farm to feature floating wind turbines

JULY 27, 2017—While the United Kingdom, Germany, Denmark and others in Europe have embraced offshore wind energy, France has not yet installed any turbines offshore. That will change this year, however, with

MacGregor books big order for Bangladesh FSRU project

JULY 26, 2017 — MacGregor, part of Cargotec, has signed an order for on-vessel equipment, product fabrication, engineering and project management for a complete mooring and riser system that will serve the

Drewry: FSRUs currently offer better returns than LNG ships

JULY 26, 2017 — Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current asset prices and charter rates are higher compared with standard LNG vessels, according to

VIDEO: Vroon christens first walk-to-work vessel

JULY 25, 2017 — Vroon B.V. christened its first subsea-support walk-to-work vessel in a July 20 ceremony, held at the Damen Shiprepair shipyard in Amsterdam, in which the vessel was named VOS

Port of Corpus Christi to get a Suezmax-capable oil dock

JULY 24, 2017 — The Port of Corpus Christi, Texas, has approved a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-year lease agreement covers

Subsea 7 pipelay support vessels get Brazil contract extensions

JULY 21, 2017 — Oslo-listed Subsea 7 S.A. reports that the award of contract extensions for three Pipelay Support Vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil. These extensions have a

Hoegh LNG and Nakilat sign MoU to explore FSRU opportunities

ULY 18, 2017 — Höegh LNG today signed a Memorandum of Understanding (MoU) with Qatari LNG transportation company Nakilat, exploring collaboration for Floating Storage and Regasification Unit (FSRU) business. An FSRU is

Court accepts Tidewater Chapter 11 reorganization plan

JULY 17, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW), which filed for Chapter 11 bankruptcy protection back in May, reports that the U.S Bankruptcy Court for the District of Delaware

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