Triyards turns in profit, adds SEU to order book
JANUARY 9, 2013 — Singapore-listed Triyards Holdings Limited has turned in a first quarter FY 2013 net profit of US$6.5 million and landed a new US$60 million order for a self-elevating unit
OSV
Rolls-Royce COSCO OSV package includes MTU gensets
JANUARY 8, 2012 — MTU parent company Tognum is now majority owned by Daimler and Rolls-Royce. One benefit has been a partnership in the marine market with Rolls-Royce that has just resulted
Fincantieri to acquire STX OSV
DECEMBER 21, 2012 — Fincantieri has signed an agreement for the acquisition from STX Europe of 50.75 percent of Singapore-listed offshore service vessel specialist STX OSV. The terms of the agreement have
VT Halter awards Scana Volda orders for OSV propulsion
DECEMBER 17, 2012 — Norway’s Scana Industrier ASA says that subsidiary Scana Volda AS, has entered into an agreement with VT Halter Marine, Inc, Pascagoula, Miss., for delivery of the main propulsion
Demand for high end subsea vessels is still high
NOVEMBER 14, 2012 — “Despite the soft market for some of our core products, STX OSV is still seeing a healthy level of project enquiries, especially in the offshore subsea construction vessel
Hungry Chinese yards turn focus from bulkers to OSVs
OCTOBER 8, 2012 — With orders for large bulk carriers and the like few and far between, hungry Chinese shipyards are turning their attention to what once might have seemed safe niche
Tidewater reports fourth quarter results
OSV-giant Tidewater Inc. (NYSE:TDW) today reported fourth quarter net earnings for the period ended March 31, 2011, of $12.0 million, or $0.23 per share, on revenues of $254.0 million.That compared with net