HOS offering raises $241.5 million
Hornbeck Offshore Services, Inc. (NYSE: HOS) reports that its has closed its underwritten public offeringof 8,050,000 shares of its common stock at a price to the public of $30.00 per share, for
Sliding davit enables rescue boat handling in Arctic conditions
Norway’s Vestdavit has developed a sliding davit that permits easy handling and maintenance of rescue craft in Artic conditions. Vestdavit’s PLR-3600 MOB/FRC davit is DNV and ABS approved for work in -40
Trailer Bridge files for Chapter 11 bankruptcy
Trailer Bridge, Inc. (NASDAQ: TRBR) today announced that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code. The petition was filed in the U.S. Bankruptcy Court for
Tanker that hit box ship in Houston ship channel was trying to avoid fuel barge
The National Transportation Safety Board has issued a preliminary report that says a chemical tanker that hit a containership in the Houston ship channel last month was trying to avoid a fuel
Keppel Singmarine books newbuild contracts
Keppel Offshore & Marine reports that its Keppel Singmarine subsidiary has secured two contracts from Indonesian customers worth a total of about S$47 million. The first contract is for a coal transshipment
Coast Guard Reauthorization Bill passes House
H.R. 2838, The Coast Guard and Maritime Transportation Act of 2011, passed the U.S. House of Representatives today by voice vote. The bill is intended as a fiscally responsible reauthorization of the
ABS President and CEO says class shouldn’t be in ship design business
Should classification societies get into the business of ship design? ABS President and Chief Executive Officer Christopher J. Wiernicki thinks not. He says that the move into ship design by some classification
IMO measures will bring big cuts in ship CO2 emissions
An IMO-commissioned study into the impact of mandatory energy efficiency measures for international shipping shows that implementation of the measures will lead to significant reductions of greenhouse gas (GHG) emissions from ships,
Crowley to continue administering Alaska Ocean Ranger program
The State of Alaska’s Department of Environmental Conservation (ADEC) has awarded a contract to Crowley Maritime Corporation to continue administering the state’s Ocean Ranger program, effective November 2011. The contract directs Crowley
InterManager President slams horrors of piracy
Alastair Evitt told today’s Annual General Meeting of InterManager that the horrors of piracy have dominated his first year of as President of the international trade association for the ship management industry.