MAY 14, 206 —Singapore listed Kim Heng Offshore & Marine Holdings Limited reports that a wholly-owned subsidiary has entered into a non-binding memorandum of understanding with the Iran Marine Fund to explore
APRIL 19, 2016 — The U.S. Department of Labor’s Occupational Safety and Health Administration is reminding employers that the agency covers safety and health conditions not specifically covered by the U.S. Coast
APRIL 15, 2015 — Six years after the Deepwater Horizon explosion, the Bureau of Safety and Environmental Enforcement has announced final well control regulations to reduce the risk of an offshore oil
APRIL 4, 2016 —Fosnavag, Norway, headquartered Rem Offshore reports that the charter party for the CSV vessel Rem Poseidon between subsidiary Rem Ship AS and Bahrain-basednAdams Offshore has been terminated due to
MARCH 29, 2016 — Paris headquartered offshore services giant Bourbon, which is 47.8% owned by Jaccar Holdings, is reinventing itself, or being reinvented. It is to acquire various ethane transportation activities currently
MARCH 16,2016 — Offshore services giant Tidewater Inc. (NYSE: TDW) reported yesterday that it has borrowed $600 million under its revolving credit facility, the maximum amount available under the facility. The funds
FEBRUARY 29, 2016 — Reporting a net loss of NOK 1.29 billion ($148 million) for FY2015, the heavily offshore focused Vard Holdings today announced a diversification strategy aimed at preserving its core
FEBRUARY 18, 2016 — ABB is to supply the power, propulsion and energy storage solution for what it describes only as “two of the most innovative vessels operating in the offshore oil
FEBRUARY 17, 2016 — Roxtec International AB, Karlskrona, Sweden, has launched Roxtec SPM seal — a light-weight, non-weld seal that can be used with any kind of metal pipe onboard marine or
FEBRUARY 3, 2016 —In what its Vice President, R&D and Technology, Baard Trondahl Alsaker calls “an important advance for handling loads at depth,” Cargotec Corporation’s MacGregor subsidiary and Parkburn Precision Handling Systems
