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TY President John Dane lll Workboat Show 2012 Keynote Speaker

John Dane III, President and CEO of TY Offshore, LLC & Trinity Yachts, LLC delivers 'Shipyard Day' show keynote speach. The show's 'Shipyard Day' keynote address is from John Dane III, President and CEO of TY Offshore, LLC and Trinity Yachts, LLC, during the 2012 International Workboat Show in New Orleans, Louisiana. John Dane's TY Offshore, currently builds offshore supply vessels, patrol craft, tug boats, oil skimmers and inland oil tank barges, while Trinity Yachts is one of the world's leading builders of megayachts to 330 feet. Both Trinity companies share two shipyards—in Gulfport, Mississippi and New Orleans, Louisiana—and employ 650 personnel and 200 subcontractors. TY Offshore continues to set a remarkable pace with the following builds, orders and milestones: Five Harvey Gulf International 302’ x 64’ (92m x 19.5m) Dual Fuel Supply Vessels Four 30,000 Barrel 297’6” x 54’ x 12’ (16.45m x 3.65m) Fuel Barges for FMT Two of a total order of ten 90’ (27m ) MK V patrol boats are also under construction, eight having already been delivered In early 2012, TY Offshore delivered two (2) Signet Maritime Corporation 100’ (30.48m) RAstar 3100 Class Terminal Support/Escort Tugs In 2011, TY Offshore delivered a 57’ (17.37m) MKII Very Shallow Draft Multi-System Skimmer (VSMSS) for Marine Spill Response Corporation (MSRC) 


Seacor Smit Reports Securities Repurchase Increase

Seacor Smit noted that its Board of Directors had raised its previously announced securities repurchase program by $55 million - resulting in an approximate increase of $73.5 million available to the Company for such purposes. The securities covered by the repurchase program include the Company's common stock, its 5 3/8 percent convertible subordinated notes due 2006, its 7.2 percent senior notes due 2009 and the 10 percent senior notes due 2008 of its affiliate Chiles Offshore LLC


QCI Wins Contract

QCI Marine Offshore LLC, a Joiner/Electrical company, has been awarded the accommodations and electrical work on Noble Drilling’s Clyde Boudreaux semisubmersible drilling rig. The work scope consists of four levels of new construction for 200 POB. The project will consist of complete outfitting and providing all support services. The project will be executed at Signal International’s shipyard in Pascagoula, Mississippi.


MEBA & Armada Companies Form Offshore Terminal Lightering Partnership

The Marine Engineers' Beneficial Association (M.E.B.A.) has signed an agreement with Armada Companies, LLC to provide Person-In-Charge (PIC) marine officers for liquefied natural gas (LNG) deepwater ports and other terminals worldwide. Armada has a contract with Skaugen Petro Trans (SPT) Offshore, LLC to provide U.S.-citizen merchant officers supplied by M.E.B.A. to serve as PICs at terminals including the liquefied natural gas deepwater port in the


ECO Fleet to be Outfitted with Autoload

Autoship Systems Corporation announced that Edison Chouset Offshore LLC (ECO) of Galliano, LA, USA has chosen to have their offshore fleet of vessels outfitted with the Autoload onboard stability program. “The delivery of the Autoload software will be a staged roll-out for the ECO fleet. The initial install is set for 68 of the latest-delivered and soon-to-be delivered vessels. Staging after this group will be the remainder of the ECO deepwater fleet, inclusive of PSVs


Keppel FELS clinches $110M rig order

Keppel FELS Limited (KFELS), the offshore arm of Keppel FELS Energy & Infrastructure Ltd. (Keppel FELS), has signed a contract with Chiles Offshore LLC (Chiles) to build a $110 million jack-up rig of KFELS MOD V "B" design, cantilevered jack-up rig. Work is expected to start immediately, with delivery scheduled for around the second quarter of 2002. This rig is one of KFELS' ultra-premium proprietary jack-up designs which has been modified in this case for non-harsh environment usage


Babcock & Brown to Acquire Bluewater Wind

International investment firm Babcock & Brown (ASX: BNB - News), announced it has entered into a definitive agreement to acquire Bluewater Wind Delaware LLC and its parent holding companies, including Bluewater Offshore Holdings LLC and Bluewater Wind Holdings, LLC, in an effort to expand its portfolio of wind energy projects and contribute to its goal of developing offshore wind. Hunter Armistead, head of Babcock & Brown's North American Energy Development Group added that Bluewater will


Offshore Services Chooses MarineCFO Software

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MarineCFO Inc., a provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Marine Transportation Industry, announced that International Offshore Services has chosen to implement the full MarineCFO Enterprise software suite. International Offshore Services, LLC was formed in 2006 by combining International Marine (started in 1996) and International Construction Group


Karl Senner Inks Distribution Deal with Electronic Power Design

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Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets. The distribution agreement will allow KS to offer electrical automation, hybrid solutions and power management.  


Eastern Shipbuilding to Launch Another HOS OSV

Launch of similar OSV: Image courtesy of ESG

Eastern Shipbuilding Group, Inc. invites interested parties to the launch of the Offshore Support Vessel (OSV) 'HOS Brass Ring' at 3:00 pm C.T. on Friday, August 8, 2014 at Eastern's Allanton Shipyard. 13300 Allanton Road Panama City, FL 32404. The shipbuilders explain that the 'HOS Brass Ring' is a 302’ Diesel Electric Z-Drive Offshore Support Vessel being built for Hornbeck Offshore Services, LLC of Covington, Louisiana.


Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors, LLC, the principal bondholder under the group's senior bond loan agreement, has confirmed its continued support for the Cecon


QGEP to Acquire FPSO from Teekay

Teekay Offshore Partners L.P. has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) to provide a floating production, storage and offloading (FPSO) unit for the Atlanta field located in the Santos Basin offshore


Cape Horn Delivered into Service

Cape Horn

Elliott Bay Design Group (EBDG), a naval architecture and marine engineering firm with offices in Seattle and Ketchikan, announced the delivery into service of the Cape Horn, a Specialty Oilfield Vessel. EBDG partnered with Gulf of Mexico Operator SeaMar


TPG Marine Acquires Chicago Dry Dock

Chicago Dry Dock (Credit:TPG Marine)

Indiana-based TPG Mt. Vernon Marine, LLC purchased Chicago Dry Dock, a Chicago area shipyard founded in 1979. Chicago Dry Dock operates on the Calumet River and offers unencumbered access to both the Great Lakes (via Lake Michigan) and the Inland River System (via the Calumet/Des


Energy Sector Volatility Affects Middle Market M&A Activity

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Market volatility for the petroleum sector provides a backdrop to an evolving Merger & Acquisitions environment for the Offshore Sector. In the 3Q edition of Maritime Professional, this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010


Experience Counts in the Arctic

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Edison Chouest’s Fairweather, LLC lessens Arctic risk while increasing efficiencies in a challenging environment. As interest in offshore commerce in the Arctic increases, key components of any successful operation in this theatre include logistics, assets, and of course


SK E&C Awarded Contract for Magnolia LNG

SK-EC awarded EPC contract for Magnolia LNG

  Liquefied Natural Gas Limited informs that its wholly owned subsidiary, Magnolia LNG LLC (MLNG) has agreed to an EPC contract with SK E&C USA (EPC Contract) in relation to the Company’s Magnolia LNG Project.  The Contract covers the initial 4 mtpa LNG installation


Wärtsilä Integrated Solutions for Maersk's AHTS Vessels

AHTS Maersk

  A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S - part of the A. P. Møller-Mærsk Group, will feature fully integrated solutions from Wärtsilä


Fourth Rig Delivered to Perforadora Central

Coatzacoalcos is the fourth of five jackup rigs Keppel AmFELS is building for Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.A. De C.V., a subsidiary of Mexico's Perforadora Central S.V. De C.V


ESG Holds HOSMAX Double Launch Event

HOS Brairwood

Eastern Shipbuilding Group, Inc. held its third HOSMAX Double Event in Panama City, Florida. On Friday, October 24, 2014, the christening and subsequent launching of the HOS Brairwood (Hull 210) the 10th HOSMAX launch in 20 months, followed with the same day delivery of the HOS Black Watch 


SBM Offshore Reaches Out-of-court Settlement

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  SBM Offshore today reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor's Office (Openbaar Ministerie) over the inquiry into alleged improper payments.  Furthermore, the United States Department of Justice has informed SBM


GasLog Appoints New Director

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  GasLog Ltd. today announced that the Board has appointed Mr. Donald Kintzer as a new independent member of the Board of GasLog effective 27 October, 2014. Donald Kintzer has also been appointed a member of the Audit & Risk Committee of the Company. Mr


G-Ship Renewable Energy Propulsion at 25 Knots

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The Newport Beach Company G-Ship LLC finished a four-month validation with the CSC, Advanced Marine Center team led by Alexander Landsburg shows 90% fuel savings for containerships. Since the Steamer came along, sailing vessels have stayed the course as the leader in renewable energy propelled


Samson Energy to Sell $1 bln Gulf of Mexico Assets

  Oil and gas explorer and producer Samson Energy Company LLC is selling its offshore Gulf of Mexico assets that could fetch more than $1 billion, according to people familiar with the situation. The Tulsa, Oklahoma-based company has tapped Jefferies LLC, the New York-based investment bank


Integrated LNG Solution for Ship Owners

 WesPac Midstream LLC (WesPac), a provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME), the global facilitator of finance mechanisms for LNG conversion and Emission Control Area (ECA) compliance






 
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