FirstWave/Newpark Adds To Senior Management Staff Joining FirstWave/Newpark is Frank R. Pierce as corporate vice president and CFO, along with Tom Godfrey in the newly created position of vice president, ship repair. Pierce joins FirstWave with more than 20 years experience, most recently at GulfMark Offshore, a publicly held offshore vessel company. Godfrey, who has held many senior level positions in the industry, comes to FirstWave from Colonna's Shipyard where he was president & CEO.
GulfMark Offshore, Inc. called for redemption all of its $130,000,000 aggregate principal amount of 8.75% Senior Notes due 2008 that remain outstanding on the redemption date,August 23, 2004. The redemption price is 102.917% of the principal amount of the Notes, or $1,029.17 per $1,000 principal amount of Notes, plus interest accrued and unpaid to the redemption date. On July 2, 2004 the Company commenced a tender offer and consent
Former Rigdon Marine CEO and Founder Elected To Board of Leading Biodegradable Lubricants and Functional Fluids Producer Mentor, OH, March 31, 2011 – Terresolve Technologies, Ltd. today announced that Larry Rigdon, founder and former CEO of the Rigdon Marine Corporation, has joined the company’s board of directors. Rigdon, a former executive vice president of Tidewater, Inc., also sits on the board of the National Ocean Industries Association.
Bourbon has announced its 2009 annual results. “The strength of our strategy is to invest in order to reduce clients’ costs,” stated Jacques de Chateauvieux, Chairman and Chief Executive Officer of Bourbon, “and putting into service new-generation innovative and high performance vessels, constructed in series at extremely competitive costs, sustains the growth in the Offshore Division operating income and provides a positive outlook for 2009
ESSI Corporation and Hughes team up to address the unique requirement of this hardworking maritime sector. When ESSI Corporation and Hughes teamed in 2009 to deliver broadband VSAT services to the workboat industry, they quickly discovered that not only was this a unique industry, but also that when it came satellite communications, several important requirements had to be satisfied to keep these customers happy. As a service provider, a customized service tailored to those needs evolved.
BAE Systems has completed another milestone in the construction of the first of two dump scows for Great Lakes Dredge & Dock Company. When complete, both vessels will be used to support dredging operations in the United States. Employees and executives from both companies recently gathered at the foot of the 98 ton keel block as Steve Becker, vice president of Great Lakes Dredge & Dock, drove the ceremonial wedge and welded his initials in the keel of the first vessel, Hull 107.
Offshore vessels in the Gulf of Mexico have become more energy efficient in recent years and are polluting less because of changes in engines, bunker fuels and building materials. At the same time, Gulf of Mexico builders have responded to meet new regulations, customer needs. At Harvey Gulf International Marine in New Orleans, Environmental Compliance Coordinator Nicole Eddlemon said “adoption of energy-saving vessels in the U.S
The worldwide offshore rig demand declined since last week, according to Offshore Data Services' weekly mobile offshore rig count. While demand in the U.S. Gulf improved, European rig demand continues to suffer. In European waters, 74 offshore drilling rigs are under contract this week, a one-rig net decline from last week, and a 10-rig fall from two months ago. The 106-rig European offshore drilling fleet's utilization rate is 69.8 percent
During November MacGREGOR won offshore equipment orders with a total value of over $73.5 million (50 million euros); the equipment will be delivered during 2009-2010 Offshore equipment orders recently signed by MacGREGOR’s Offshore division include the single biggest order in the history of the newly acquired Norwegian company Hydramarine AS. This is for two Hydramarine active heave compensated (AHC) cranes for an offshore vessel being delivered in 2010 to a Norwegian shipowner
U.S. Gulf Rig Count Hits 20-Month High The Gulf of Mexico rig count continues to rebound, and this week reached its highest level since July 1998, according to Offshore Data Services' weekly mobile offshore rig count. The Gulf of Mexico rig count is expected to continue to rise as the year progresses. On March 24, 155 of the 198 mobile offshore drilling rigs in the U.S. Gulf of Mexico were under contract. The week's tally represents a four-rig increase over the previous week's count
With funding from the German Federal Ministry of Economics and Technology and supported by "Projektträger Jülich" (PTJ) (project sponsors Jülich), over the next three years Hamburg University of Technology, Mareval AG Hamburg and the maritime engineering company
FMC Technologies entrusted Rina Group’s company, RINA Services, with the Technology Qualification of its new technology loading arms designed for installation on the FSRU Toscana and also the Chiksan Articulated Tandem Offshore Loader (ATOL) marine loading arms.
Since the integration of Ned-Deck Marine into the Palfinger Group in 2010, the Business Area Palfinger Marine said it has strengthened its position as a deck equipment supplier in the maritime, offshore and wind industries worldwide. Based on these developments
Oceanteam also says it continued its investment program in 2.000 / 4.000-ton modular carousel systems. Highlights for the first quarter of 2013: · Revenue from operations USD 16.5 million · EBITDA from operations is positive USD 7.2 million
Oil & Gas U.K. said it is pleased that a plenary vote in the European Parliament may see the introduction of a directive on offshore safety and environment. Robert Paterson, Oil & Gas U.K.’s health, safety and employment director, said: “Oil & Gas U.K
Colfax Fluid Handling, a business of Colfax Corporation, was awarded a contract as the exclusive supplier of hydraulic pumps for a ship capable of lifting the topside structures from offshore platforms. With a lifting capacity of up to 48,000 tons
Specialist boatbuilder Strategic Marine delivered the Njord Puffin to offshore windfarm service fleet operator Njord Offshore for deployment in Northern Europe. “The Puffin is the sixth in a series of eight vessels ordered, a strong signal of our commitment to the global windfarm industry
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has opened an office in Brazil creating the potential for future work in the area. The new base follows on from £10 million of contracts being secured in the region
Norwegian software company Tero Marine developed a new solution that they say will reduce workload and help improve safety for offshore divers. “It has enabled us to reduce the time we spend on reporting by 75 percent, increasing our ability to be more cost efficient
Oil and gas engineering company Fabricom Offshore Services announced its relocation from Aberdeen's Riverside House to larger office facilities at Berry Street in the city center. The move, which comes less than a year after the company established a base in Aberdeen
BAE Systems holds a keel laying ceremony for the first of 4 platform supply vessels for Jackson Offshore Operators. The new vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems continued growth in U.S
TY Offshore, LLC launched the FMT 3256, the eighth of eighteen 297’6” x 54’ x 12’, 30,000 barrel tank barges for FMT Industries, LLC, one of the several companies within the Florida Marine Group. FMT Industries recently exercised its option for four additional barges from
A new dive support vessel (DSV), optimized for operations in the North Sea, will feature three MacGregor offshore cranes, enabling efficient load-handling in the subsea environment. MacGregor, part of Cargotec, secured a new contract for one 120-ton active heave-compensated (AHC) MacGregor
Lankofirst said offshore trials of its synthetic fiber rope mooring connector have shown a reduction in mooring line deployment times and improvements in health and safety compared with traditional mooring line plate links and thimbles, reports deepwater mooring rope specialist
A custom-built service center at the new Offshore Marine Center in the Tuas industrial area of Singapore will boost Acteon operations and improve its customer service in Southeast Asia. Due to open in July 2013, the new $11 million, 10,000-m2 Acteon Singapore Operations Center will support the