ABS and industry experts tackle MODU safety issues

MARCH 15, 2017 — More than 50 participants, including delegates from major owners, designers, shipyards and ABS technical representatives, provided input at the recent ABS Special Committee Meeting on the class society’s

VesselsValue: 2017 to see record OSV deliveries

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

Damen to build six Rotortugs for Port Hedland operations

MARCH 7, 2017 — Australia’s Pilbara Marine Pty Ltd. , a wholly owned subsidiary of Fortescue Metals Group Ltd has placed an order with Damen Shipyards for six 32 m ART 85-32W

Wartsila in new JV with China State Shipbuilding

MARCH 7, 2017 — Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed a new joint venture company agreement. The new joint venture, to be known as CSSC Wärtsilä Electrical & Automation

France and Fincantieri close to STX France compromise

MARCH 6, 2017 — France’s Le Monde newspaper reports that a compromise solution is in the works that will see the acquisition of shipbuilder STX France by a group in which Fincantieri

Vard nets order for ultra modern pelagic trawler

MARCH 2, 2017 — Research Fishing Company Ltd., Lerwick, Shetland, has signed a contract with Vard Group AS for construction of an 80 m x 16.2 m pelagic trawler The contract value

Vard books more orders, loses less

MARCH 1, 2017 — Fincantieri’s 69.67%-owned Vard subsidiary has reported fourth quarter and year end results for 2016. Among the highlights: a full year new order intake of NOK 10.6 billion (about

VT Halter Marine appoints Robert A. Socha as Senior VP

FEBRUARY 24, 2017 — VT Halter Marine, Inc. has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating. In this role, Mr. Socha is responsible for the company’s

Gulf Island to shift all fab ops to Houma, sell Texas yards

FEBRUARY 24, 2017 — Gulf Island Fabrication, Inc. (NASDAQ: GIFI) reports that its Board of Directors has approved a recommendation from management to place its properties in Aransas Pass and Ingleside, Texas,

Sembcorp Marine returns to profitability

FEBRUARY 22, 2017 — Singapore’s Sembcorp Marine posted Group revenue of SGD 3.54 billion for the year ended December 31, 2016 (FY 2016) compared with SGD 4.97 billion previously. The Group reported

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