KHI cancels Island Offshore order, will take $114.8 million hit

DECEMBER 26, 2017 — Japan’s Kawasaki Heavy Industries, Ltd. (KHI) says it has decided to terminate by agreement its shipbuilding contract with Island Offshore Shipholding LP for the top hole drilling/light well

Keppel O&M to pay $422 million to settle Brazil corruption case

DECEMBER 26, 2017 — The U.S. Department of Justice reports that Singapore-based Keppel Offshore & Marine Ltd. (KOM) and its wholly owned U.S. subsidiary, Keppel Offshore & Marine USA Inc. (KOM USA),

ABS grants AIP for new large ethane carrier concept

DECEMBER 23, 2017—Class society ABS has granted Approval in Principle (AIP) for a new very large ethane carrier (VLEC) concept developed by China’s Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a member of the

DOE announces $18.5 million in offshore wind R&D funding

DECEMBER 13, 2017 — U.S. Secretary of Energy Rick Perry has announced $18.5 million in new Department of Energy (DOE) funding for an offshore wind research and development (R&D) consortium that will

Volvo Penta gears up for U.S. wind farm support vessel sector

NOVEMBER 29, 2017 — As a leading supplier of propulsion systems for support boats in Europe’s booming offshore wind farm industry, Volvo Penta is poised to capture a significant share of the

GulfMark Offshore emerges from Chapter 11 bankruptcy

NOVEMBER 15, 2017 — GulfMark Offshore, Inc. (NYSE American:GLF) reports that it has completed its financial restructuring plan and emerged from bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. Its

Harvey Gulf takes delivery of second 340 ft MPSV

NOVEMBER 3, 2017 — Harvey Gulf International Marine Chairman and CEO Shane Guidry reports that it has taken delivery of Harvey Blue-Sea, the second of two, large capacity 340′ Multi-Purpose Support Vessels

Siem Offshore OSCV gets two year bareboat charter

OCTOBER 30, 2017 — Siem Offshore has entered into a bareboat charter agreement with an international subsea contractor for the Offshore Subsea Construction Vessel Siem Stingray for a firm period of two

Administration plans largest ever offshore oil and gas lease sale

OCTOBER 26, 2017 — The U.S. Department of the Interior is proposing the largest oil and gas lease sale ever held in the United States –76,967,935 acres in federal waters of the

Goodbye Chris Christie, hello NJ offshore wind

OCTOBER 25, 2016 — Whoever wins the race to succeed Chris Christie as Governor of New Jersey, things look brighter for the offshore wind industry. Christie was once a fervent advocate of

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