Keppel acquires LeTourneau jackup business for $100 million

AUGUST 31, 2015 — Keppel Offshore & Marine (Keppel O&M) is paying $100 million to acquire the LeTourneau jackup rig business from Cameron International. The news comes within days of the announcement

Elcano LNG carriers to be largest to transit Panama Canal

AUGUST 28, 2015—Two 178,000m³ LNG carriers for Spanish owner Elcano will be the largest of their kind to navigate the Panama Canal when they are delivered in 2017—ushering in a new pattern

Ezra and Japanese engineering giant in subsea joint venture

AUGUST 27, 2015 – Singapore’s Ezra Holdings has entered a binding MOU that will see Japanese engineering giant Chiyoda Corporation invest in Ezra’s Subsea Services business, Emas AMC, to form Emas Chiyoda

Ulstein launches giant Chouest/Island OCV

AUGUST 26, 2015 — Norway’s Ulstein Verft yesterday launched Island Venture (Yard No. 302), the first of the two giant SX165 design offshore construction vessels ordered by Edison Chouest Offshore and Island

Royal IHC launches fifth pipelayer in Sapura series

AUGUST 21, 2015 — Netherlands shipbuilder Royal IHC has launched Sapura Rubi, its fifth 550 t pipelaying vessel for Sapura Navegação Marítima S.A. in a ceremony at it shipyard in Krimpen aan

Western Gulf lease sale attracts few bidders

AUGUST 19, 2015 — The Department of the Interior’s Western Gulf of Mexico Lease sale drew just $22,675,212 in high bids for tracts on the U.S. Outer Continental Shelf offshore Texas. Just

Ultra Deep orders 142 m DSCV

AUGUST 19, 2015 — Singapore based Ultra Deep Group (UDS) has signed a further contract with shipbuilder China Merchants Heavy Industry. It covers the construction of one Ultra Deep Installer – Multipurpose

Fennica protesters face hefty penalties

AUGUST 17, 2015—Protesters who temporarily blocked the entry of the MSV Fennica from reaching Vigor Industrial’s Portland, OR, shipyard for repairs could face civil penalties up to $25,000 each, says the U.S.

Who’s the top valued LNG shipping company?

AUGUST 17, 2015—What company has the Highest Value Whole Gas (either LNG or LPG) shipping fleet? According to VesselsValue.com, that honor belongs to Teekay LNG Partners, with 37 vessels and a capacity

Ribbon-cutting ceremony held for wind farm vessel

AUGUST 12, 2015—An official ribbon-cutting ceremony will be held today at the Warren, RI, shipyard of Blount Boats, Inc., for the first offshore wind farm crew transfer vessel being built in the

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