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