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BV Reports Further Growth
Bureau Veritas has posted annual results which show the eight consecutive year of annual growth averaging over 17 percent. up 12 per cent on 2002. EBIT grew 25 per cent to Euro155.4m ($183m).
Seabulk Earns ISM Certification
Seabulk International, Inc. announced that its U.S.-based offshore energy support subsidiary, Seabulk Offshore, Ltd. (SOL), has been certified by the American Bureau…
Crowley Moves ExxonMobil Concrete Island Drilling
Crowley Marine Services' Energy and Marine Services business unit has successfully moved the 312-ft. square concrete island drilling structure Orlan from Prudhoe Bay…
Tidewater’s O'Malley Officially Steps Down
Tidewater Inc. (NYSE:TDW) announced on March 28 that William C. O'Malley, the company's Chairman, President and CEO for most of the past eight years, has officially stepped down as Tidewater's CEO…
Tidewater to Sell Fleet of Safety Standby Boats
Tidewater Inc., operator of the world's largest fleet of vessels serving the offshore energy industry, reportedly agreed to sell its North Sea safety-standby boats to BUE Marine Limited of Edinburgh…
Halter Marine Confirms Merger Talks
Shipbuilder Halter Marine Group Inc. confirmed it is in talks with an oilfield service company about a possible stock-for-stock merger. The company, which in January…
Offshore Week
PanCanadian Petroleum Ltd., Canada's No. 2 oil company, could soon be on track to develop an East Coast offshore gas project to rival the huge Sable Island project, its chief executive said.
Geiger Named FGH President
Friede Goldman Halter elected Paul Geiger, Jr. as president of Friede & Goldman, Ltd., the company's naval architecture division, which is renowned for its designs…
Friede Goldman Halter sells vessel repair unit
Friede Goldman Halter Inc., which provides support for the offshore oil industry, announced it has agreed to sell its vessel repair unit to Bollinger Shipyards Inc. for $80 million.
Halter Gets Second PCTC Order
Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine…
Tidewater Reorganizes Management
Tidewater Inc. announced that, effective immediately, Cliffe F. Laborde, Larry T. Rigdon and Dean E. Taylor have been promoted to the level of Executive Vice President.
Halter Gets Second PCTC Order
Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine…
Tidewater To Build 12 New Vessels For $305M
Tidewater Inc. has signed contracts with two Far East shipyards for the construction of eight vessels as part of Tidewater's new build program announced in January 2000.
Halter Gets Second PCTC Order
Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine…
People & Company News
D.F. International logistics service provider D.F. Young, Inc. has announced the relocation of its headquarters office from New York City to Jersey City, N.J. in the first quarter of 2001.
Tidewater To Build 12 New Vessels
Tidewater Inc. signed contracts to build a total of 12 new vessels for $305 million, electing to build eight vessels at two Far East shipyards and four at its subsidiary, Quality Shipyard L.L.C.
Hvide Marine To Be Renamed Seabulk International
Hvide Marine Inc. reported a net loss of $9.6 million for the fourth quarter ended December 31, 2000, on revenues of 80 million. In the year-earlier period, the company had a net loss of 197 million…
Hvide to Be Renamed Seabulk International
Hvide Marine Inc. reported a net loss of $9.6 million for the fourth quarter ended December 31, 2000, on revenues of $80 million. In the year-earlier period, the…
FGH’s Convertible Note Interest Payment Status
Friede Goldman Halter, Inc. announced that it has not made the semi-annual interest payment on its outstanding 4 1/2% convertible subordinated notes due 2004. The…
Seabulk International Reports 2Q Results
Seabulk International, Inc. has reported a net loss of $4.4 million or $0.41 per diluted share for the quarter ended June 30, 2002. In the year-earlier period, the…