GulfMark Offshore stock under pressure

FEBRUARY 18, 2015—In what is expected to be a challenging year for offshore support vessel operators, investment banker Cowen and Company has put out a “Market Perform” rating on the shares of

DOF Brazil unit sells five ships to private equity investor

FEBRUARY 17, 2015 — Norway’s DOF ASA reports that Brazilian subsidiary Norskan Offshore Ltda. has agreed the sale of five ships to companies owned by a Brazilian private equity fund managed by

Wärtsilä teams with Cryopac on waterways LNG fueling

FEBRUARY 16, 2015 — Wärtsilä has reached an agreement with Cryonorm Systems BV, a Netherlands based developer and supplier of cryogenic vaporizers, to form a consortium to deliver LNG systems for the

Harvey Gulf marks another LNG fueling milestone

FEBRUARY 13, 2015 — New Orleans, LA, headquartered Harvey Gulf International Marine LLC has marked another milestone, receiving the first ABS Classification Certificate and the first USCG Certificate of Inspection for a

Harvey Gulf makes LNG fueling history

FEBRUARY 6, 2015 — Harvey Gulf International Marine, LLC reports that it made North American maritime history today, becoming the first owner/operator of a dual fuel offshore support vessel to bunker LNG

Damen introduces FRP hulled fast crew supplier

FEBRUARY 6, 2015 — Damen Shipyards Group is launching a composites hulled Fast Crew Supplier 1605 to the market this month. The Fast Crew Supplier 1605 FRP (Fiber Reinforced Polymer) is an

Wärtsilä to power world’s first CNG carrier

FEBRUARY 5, 2015 — The 2,200 m3 compressed natural gas (CNG) carrier ordered from Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry Ltd. last year will be powered by an integrated Wärtsilä propulsion system.

Vroon takes delivery of ERRV-FSV

JANUARY 28, 20015 —  Vroon today took delivery of VOS Glory at Fujian Shipbuilding Trading in Fuzhou, China. The vessel will now be heading for the North Sea, where she will be

Offshore leasing plan gets few industry cheers

JANUARY 27, 2015 — The Obama Administration today announced a proposed offshore oil and natural gas leasing program for 2017-2022  that National Ocean Industries Association President Randall Luthi called “a small step

Tidewater Norwegian subsidiary takes delivery of PSV

JANUARY 12, 2015 — Troms Offshore Supply AS, a wholly-owned subsidiary of Tidewater Inc., has taken delivery of its new build no 791 at the Vard Vung Tau shipyard in Vietnam.. The

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