Latest News
Marcon International of Coupeville, Wash., reports the sale of three twin screw, ocean-going tugs from Malaysian based, International Bulk Trade Pte. Ltd., to a private Central American buyer.The Singapore-registered sister-tugs sold were the 2010 built…
Singapore-listed Yangzijiang Shipbuilding (Holdings) Ltd reports that it entered into six  effective shipbuilding contracts  in the month of March 2011 with an aggregate contract value of US$214.2 million.  The new contracts  comprise two  82,000 dwt…
According to BOEMRE Director Michael R. Bromwich, filling two newly created job slots at the agency "will address a number of the regulatory weaknesses that have been identified and highlighted following the Deepwater Horizon explosion…
Offshore services giant Tidewater Inc. (NYSE:TDW) reports the promotions of Nelson Greer, Mark Handin and Darren Vorst to Vice Presidents of Tidewater companies, effective April 1, 2011.Mr. Greer joined Tidewater in 1982, after completing 13…
FLEX LNG (Oslo Axess: FLNG) is reports that agreements have been executed with InterOil, Pacific LNG, LNGL and Samsung Heavy Industries for an FLNG project that would liquefy natural gas from the onshore Elk and…
Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung shipyard in South Korea. Total project price is estimated  at $600 million (including project management, drilling and handling tools,…
Marinette Marine Corporation announced that, as prime contractor and program manager, it has been awarded an additional 10 Reponse Boat-Mediums (RB-Ms), and other Program management work, by the U.S. Coast Guard. With an approximate value…
In an 8K filed yesterday, offshore drilling contractor Hercules Offshore, Inc. reports that on April 4, 2011, it received a subpoena issued by the Securities and Exchange Commission  "requesting the delivery of certain documents to…
The latest vessel to be hijacked by pirates is  the 3,642 gt general cargo ship MV SUSAN K, managed by  Nimmrich & Prahm Bereederung of Leer, Ostfriesland. EU Navfor says it was pirated in the…
STX OSV Holdings Limited reports that it has secured new contracts for the design and construction of a series of three Multi Role Vessels (MRV) for DOF ASA. Delivery is scheduled for the second half…
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