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"Prospects for increasing utilization rates and daily rates are set fair for the fourth quarter in deep and shallow water offshore" says Christian Lefèvre, Chief Executive Officer of Paris-headquartered offshore services giant Bourbon. "Backed by…
Following the announcement that its board had approved a massive $720 million newbuilding program earlier in the week, Hornbeck Offshore Services, Inc., Covington, LA, said today that it would increase the size of its previously…
W&O Supply has established operations in Brazil, with the first office located in Rio de Janeiro."The growing marine and offshore industries in Brazil provide incredible opportunity for us," said Michael Hume, President and CEO of…
Secretary of the Interior Ken Salazar has announced a Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017.  It makes more than 75 percent of undiscovered technically recoverable oil and gas resources…
Huntington Ingalls Industries (NYSE:HII) reports that Newport News Shipbuilding's name has returned to its perch 233 feet above the shipyard. After more than 10 years, 250 gallons of primer and 260 gallons of paint, the…
Paul Hankins, formerly President of Donjon-SMIT, LLC, has joined Donjon Marine, Co., Inc., Hillside, N.J., as Vice President of Operations-Salvage & Engineering Division. His primary duties will involve Donjon's U.S. Navy Salvage Services Contract, as…
MAN Diesel & Turbo reports the first order for its second- generation EGR (exhaust gas recirculation) system. It is to be fully integrated within the MAN B&W 6S80ME-C9 main engine of a 4,500 TEU Maersk…
Hornbeck Offshore Services, Inc. (NYSE:HOS) reports that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. The company is now in the process of finalizing…
Canada's Vancouver Shipyards is to build six chip barges for parent company Seaspan Marine Corporation. The newbuild contract coincides with Vancouver Shipyard's recent win of the C$8 billion National Shipbuilding Procurement Strategy (NSPS) non-combat contract…
Tokyo based classification society Nippon Kaiji Kyokai (ClassNK) has released its new Guidelines for SCR (Selective Catalytic Reduction) Systems and Reductant Agent Supply Systems. Amendments to MARPOL that entered into force on July 1, 2010…
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