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
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
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.
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 continues to support the offshore energy market as it expands new construction efforts and maintenance, repair, overhaul and conversion operations at its shipyards in Mobile, Ala., and Jacksonville, Fla. Earlier this year, BAE Systems began construction on the first of two platform supply vessels for GulfMark Americas, Inc. The 300-Class DP2 vessels are designed by MMC Ship Design and Marine Consulting, Ltd
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
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
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.
Bibby Offshore Holdings Limited, [the subsea services provider to the oil & gas industry, is pleased to announce its continued international expansion with the opening of an office in Stravanger, Norway. The Norwegian office for Bibby Offshore will be headed by Arne Lier. Bibby Offshore has a leading subsea services position in the UK North Sea and the opening of the office in Norway further increases the Company’s growing international presence.
Sweden-based BogserTeam Ӧresund (BTӦ), part of MarCon gruppen, recently signed a contract with the Damen Shipyards Group for the delivery of a Damen ASD Tug 2810. MarCon gruppen is currently experiencing growth and is undertaking a program of renewal and expansion to its fleets.
Maritime and logistics service provider Inchcape Shipping Services (ISS) has expanded its launch fleet with two more fast crewboats, bringing its total fleet size to 18 vessels. The two newbuild 42-meter vessels have been added in response to a growing demand in the oil and gas sector for
SSI has hired CAD/CAM specialist Robert Holder as part of its sales force in the U.S. market. According to SSI, the hiring is intended to meet the expanding demand for SSI's design and manufacturing solutions in the shipbuilding and offshore industries.
MacGregor, part of Cargotec, has won an order for substructure connection mooring systems for the world's first floating offshore wind farm: Statoil's Hywind pilot park in Scotland. MacGregor will be responsible for the delivery of the Pusnes substructure mooring connection system for
While new designs often grab headlines, mature designs that have enjoyed success are perhaps better indicators of true progress in marine technology. When the Ultstein X-Bow made its debut 10 years ago, some scoffed at the unusual design characteristics
The emergence of the floating liquefied natural gas (FLNG) concept has seen an unprecedented focus on development activity and has reinforced the commercial interest in these facilities. However, as the industry strives to make the concept a reality
MacGregor, part of Cargotec, creates a new division 'Advanced Offshore Solutions' by merging its two Norway-based divisions and combining the strengths in offshore mooring, loading and load handling businesses. With the new joint division MacGregor aims to gain synergies and improve the
Eastern Shipbuilding Group launched M/V Harvey Sub-Sea (Hull 249) for Harvey Gulf International Marine, Inc. M/V Harvey Sub-Sea is a first of two (2) 340 ft. Class Multi-Purpose Service Vessels (MPSV), designed by VARD Marine. M/V Harvey Sub-Sea will feature a 250MT AHC Knuckle Boom Offshore Crane
Two companies involved in the deadly 2012 explosion of an oil platform in the Gulf of Mexico have been indicted on federal charges of involuntary manslaughter, the U.S. Justice Department said in a statement on Thursday. Black Elk Energy Offshore Operations LLC and Grand Isle Shipyards Inc
The engineering group Monadelphous has won a $200 million Shell Australia contract on its Prelude floating LNG project off the Kimberley coast. The contract is for major, long-term maintenance and modifications services for the Prelude Floating Liquefied Natural Gas (FLNG)
P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry. P&O Repasa will become the official brand of the joint venture which has expanded its fleet in the offshore towage
Carbon capture, utilisation and storage (CCUS) is gaining momentum to meet stringent climate change goals and secure energy supplies for the future. To fully understand the environmental and safety implications associated with the development of CO2 pipelines
BW Offshore, a builder and operator of ships that can produce and store oil offshore, suspended its dividend until outlook for the oil sector improved, it said on Monday. The firm posted third-quarter earnings before interest, taxes and depreciation and amortisation of $174 million against
Halul Offshore Services Company, a wholly-owned subsidiary of Milaha, has recently procured an offshore support vessel (OSV) ship handling simulator, which is reportedly the first of its kind in Qatar. Halul said it is now one of the few companies in the Gulf region to own the Netherlands-built
Bureau of Safety and Environmental Enforcement (BSEE) staff participated in a workgroup meeting at the bureau's Ohmsett facility in Leonardo, N.J., as part of the workgroup’s efforts to define Technology Readiness Levels for use in the oil spill response community.