Höegh LNG wins Lithuanian FSRU tender

Höegh LNG reports that has been informed by AB Klaipedos Nafta that Höegh LNG made the winning tender offer for a new LNG floating storage and regasification unit in Lithuania. A mandatory

De Chateauvieux controlled Jaccar increases stake in Bourbon

Paris-headquartered offshore services giant Bourbon reports that Jaccar Holdings SA has acquired 945,000 additional shares in Bourbon. This takes Jaccar’s stake in Bourbon from 24.6 percent to 26.04 percent of the capital

Wärtsilä to supply power and positioning for Cat D semis

Wärtsilä is to supply the power and positioning system for the two new Cat D offshore drilling rigs being built for Songa Offshore AS at the Daewoo Shipbuilding and Marine Engineering Co.Ltd

Otto Marine issues profit warning

Singapore based offshore services specialist Otto Marine Limited has issued a profit warning about the financial results of the company and its subsidiaries for the financial year ended December 31, 2011. The

Rolls-Royce to design and equip seven vessels for Brazilian owner

Rolls-Royce has been awarded two contracts to design and equip seven vessels for Brazilian shipowner Navegação São Miguel Ltd. The contracts, for four oil spill recovery vessels and three bunker tankers, are

Ulstein delivers first PSV of new PX121 design

Norway’s Ulstein Verft has delivered M/V Blue Fighter to Blue Ship Invest, another company within the Ulstein Group. The ship is the first of two medium-sized platform supply vessels (PSV) of Ulstein’s

China Oilfield Services reports advanced AHTS newbuild grounded in shipyard incident

The second of two advanced Rolls-Royce designed UT 788 CD AHTS being built by China’s Wuchang Shipbuilding Industry Co. has grounded in a shipyard incident.. Its sister vesse (pictured here) was successfully

STX OSV comments on rumors of sale

Both Singapore-listed STX OSV and its majority shareholder, Oslo-listed STX Europe, have moved to downplay media reports suggesting that a sale of the company is imminent — likely to either Keppel or

IHC Offshore Systems in “hush hush” deal

Mr. W. van der Velde, Chief Technical Officer of Seaway Heavy Lifting and Mr. A.A .Kromhout, Managing Director of IHC Offshore Systems, were all smiles when they signed a recent “hush hush

Hercules liftboat engulfed in fire on adjacent rig

Hercules Offshore (NASDAQ: HERO) reports that the Mako, a 175ft class liftboat operating in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early

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