offshore service vessels

OSV operators start scrapping more vessels

MARCH 27, 2018 — VesselsValue reports that operators of offshore service vessels are beginning to scrap an increasing number of older vessels, with year-to-date scrapping rates increasing by 153 percent on the

Harvey Gulf files for Chapter 11 bankruptcy

MARCH 8, 2018 — Shane J. Guidry’s Harvey Gulf International Marine and 90 affiliated entities yesterday each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in

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Demand grows for Royston fuel management system

SEPTEMBER 27, 2017 — Growing global demand for its advanced technology marine fuel monitoring system has prompted Newcastle upon Tyne, U.K., headquartered Royston Diesel Power to expand its dedicated support team for

Tidewater: Business as usual as waiver expires

MARCH 28, 2017 — Offshore service vessel provider Tidewater Inc. (NYSE: TDW) announced today that the latest waiver of covenant default from its lenders and noteholders expired in accordance with its terms

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Fish farmer and OSV operator plan JV

JUNE 2, 2016 — With fishing farming (aquaculture) booming and the offshore service vessels market not so much, two companies in which John Fredriksen has an interest plan an interesting joint venture.