Tidewater results beat the Street
NOVEMBER 4, 2014 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported second quarter net earnings for the period ended September 30, 2014, of $60.9 million, or $1.22 per common share, on revenues
NOVEMBER 4, 2014 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported second quarter net earnings for the period ended September 30, 2014, of $60.9 million, or $1.22 per common share, on revenues
NOVEMBER 3, 2014 — Makai Ocean Engineering, Inc. reports that its Ocean Energy Research Center (OERC) in Kona, Hawaii, has received two new heat exchangers (2-megawatt thermal duty each), and a 100
OCTOBER 31, 2014 — Singapore’s Keppel FELS shipyard has secured a contract for a KFELS Super B Class jack-up rig worth about US$240 million from BOT Lease Co., Ltd (BOTL), an affiliated
OCTOBER 29, 2014 — Two new 150 ton bollard pull anchor handling offshore support vessels (AHOSVs) being built at the Colombo Dockyard in Sri Lanka have been designed by Wärtsilä and will
OCTOBER 29, 2014 — Rolls-Royce has won its largest subsea vessel project yet. It has signed a £24 million (about $38.7 million) contract with Ocean Yield ASA that will see it supply
OCTOBER 21, 2014 — “The global offshore vessel market flattened in the third quarter as fewer offshore drilling rigs were utilized than anticipated, and as oil producing companies continued their focus on
OCTOBER 17, 2014 — Malaysia’s largest Offshore Support Vessel (OSV) shipbuilder, Singapore-listed Nam Cheong Limited, has launched the first AHTS built to its new, proprietary, NCA80E design. It already holds letters of
OCTOBER 17, 2014 — Under a settlement agreement with the United States, ATP Infrastructure Partners LP (ATP-IP) will pay a $1 million civil penalty and perform corrective measures to resolve claims by
OCTOBER 16, 2014 — Maersk Supply Service has placed an order with Norwegian shipbuilder Kleven Maritime A/S for six Anchor Handling Tug Supply Vessels with options for four additional vessels. The 95
OCTOBER 11, 2014 — New Orleans headquartered Harvey Gulf International Marine, LLC has established Harvey Gulf International Marine de Mexico S.A.P.I. de C.V. “We recognize the growth potential in the Mexican market