MAY 20, 2013 — Cargotec Corporation’s MacGregor unit has secured new offshore winch contracts from three Chinese shipyards, Fujian Southeast, Fuzhou Baima and Guangdong Yuexin Ocean Engineering. The winches are destined for
MAY 20, 2013 — Hercules Offshore, Inc. (Nasdaq: HERO) announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold
MAY 15, 2013 —Tidewater Inc. (NYSE: TDW), through a wholly-owned subsidiary, has entered into an agreement with HitecVision to purchase Troms Offshore Supply AS for approximately $395 million. The acquisition of Troms
APRIL 30, 2013 — Norway’s Siem Offshore has entered into a shipbuilding contract with Remontowa Shipbuilding S.A., Poland. It covers the construction of a dynamically positioned cable lay vessel (“CLV”) scheduled for
APRIL 26 2013 — Singapore’s Viking Offshore & Marine Limited is to invest up to S$15 million (about US $12 million) to set up a dedicated innovation hub in Singapore to house
APRIL 18, 2013 — “The beginning of 2013 developed according to our expectations. Order intake grew by 22 percent, thanks to good development in both Power Plants and Ship Power, especially in
APRIL 17, 2013 — A DP3 dynamically positioned semisubmersible offshore accommodation rig being built in China for Singapore based Axis Offshore is to have a comprehensive, fully integrated power, propulsion and positioning
APRIL 10, 2013 — Zentech, Inc., a Houston based marine engineering and naval architecture consulting firm, specializing in the offshore oil and gas and renewable energy industries, today announced the appointment of
APRIL 2, 2013 — RY Offshore Limited — which is 29 percent owned by Otto Marine Chairman and Group CEO Yaw Chee Siew — is buying the Multi-purpose Field Support and ROV
MARCH 26, 2013 – Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder has won orders worth $2 billion from Total E&P Congo. They cover engineering, procurement, supply, construction, and commissioning of