SEPTEMBER 1, 2017—Smart shipping is edging closer to reality. One recent test conducted by Wärtsilä demonstrated the viability of remotely operating an platform supply vessel in the North Sea from 5,000 miles
AUGUST 9, 2017 — Norway’s Kleven shipyard has found a buyer for its Yard no. 379. The Marin Teknikk MT 6015 design offshore multipurpose vessel has gone to an unnamed “international player.” It
JUNE 21, 2017 — With the completion a series of transactions announced February 6, a large new high-end offshore service vessel (OSV) company —Solstad Farstad ASA— has emerged from the merger of
MAY 26, 2017 — Wärtsilä has signed an agreement with Eidesvik Offshore to install a hybrid system with batteries on board of its vessel Viking Princess. It will become the first offshore
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
MARCH 24, 2017 — The major players have now signed off on the statutory next step in the plans that will see Solstad Offshore ASA, Farstad Shipping ASA and Deep Sea Supply
MARCH 8, 2017 — Figures from VesselsValue indicate that the oversupply of vessels in the offshore services industry is set to get a lot worse. VesselsValue says that 2017 will be a
FEBRUARY 6, 2017 — With tough times persisting in the offshore services sector, stakeholders are planning a three way merger of Solstad Offshore, Farstad Shipping and Deep Sea Supply. What will emerge,
SEPTEMBER 30, 2015 – Hornbeck Offshore Operators LLC, Covington, LA, is being awarded a $28,056,820 modification under a previously awarded firm-fixed-price contract (N62387-15-C-2507) to exercise a one-year option period for the operation
AUGUST 18, 2016 — Maersk Supply Service says it will reduce its fleet by up to 20 vessels and reduce its crew pool by 400 offshore positions. Maersk Supply Service says the