Tidewater: momentum continues says Kneen
Quintin Kneen, president and CEO of offshore services giant Tidewater Inc. (NYSE:TDW), said he is “encouraged by the continued momentum we saw during the first quarter” as the company released its results
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Bourbon Guyana becomes first Guyanese OSV company
With Guyana strengthening its local content requirements for the oil and gas sector, Bourbon Marine & Logistics has reached an agreement that sees Guyanese company Tethys Marine & Logistics becomes a 51%
Bourbon and Horizon in JV targeting harsh environment offshore services
Paris-headquartered Bourbon and Canada’s Horizon Maritime have started a new offshore services joint venture. Called Bourbon Horizon AS it will focus on the North Sea and Canadian offshore markets. Incorporated in Norway,
U.K. to convert Island Offshore OSV to minehunting “mother ship”
The U.K. has again used conversion of an existing offshore industry vessel as a means of getting a needed naval asset in place in a hurry. It has purchased the 2013-built UT
Caterpillar Marine, Jackson Offshore to collaborate on hybrid solutions
Caterpillar Marine and Harvey, La., headquartered Jackson Offshore Operators LLC are to pilot an integrated hybrid energy solution aimed at reduction of fuel consumption and diesel exhaust emissions. The technology will be
Contaminated fuel: MPA suspends bunker supplier’s license for 2 months
The Maritime and Port Authority of Singapore (MPA) has concluded its investigation of the incident this year that first came to light when leading marine fuel testing provider VPS said it had
Fifth Harvey Gulf OSV converted to operate on renewable LNG
New Orleans headquartered Harvey Gulf International Marine reports that it has completed conversion of a fifth tri-fueled vessel to run on renewable LNG. It has also completed fitting a sixth vessel with
Tidewater: Earnings up, red ink down
“Tidewater is uniquely positioned to capitalize on what is looking to be a truly transformational period for vessel activity and day rate improvements over the next several quarters,” said CEO Quintin Kneen
Guice Offshore expands its fleet
Madisonville, La., headquartered Guice Offshore (GO) has added three more vessels to its fleet. Guice is a U.S. flag leader in operating dynamically positioned mini supply and medium-sized multi-purpose vessels in the
Norwind Offshore orders two more CSOVs at Vard
Ålesund, Norway, headquartered Norwind Offshore has exercised options with Vard for the design and construction of the two additional Commissioning Service Operations Vessels (CSOVs). The options were included in the contracts signed