GustoMSC Sold to Private Equity Firm for $185 Million
Offshore engineering firm GustoMSC, which is part of the SBM Offshore Group, has been sold to the private equity firm Parcom Capital for a consideration of
Rob Almeida is Partner and Chief Marketing Officer at gCaptain. Rob can be reached at [email protected]. Connect with him via his LinkedIn Page or via Google Plus
Offshore engineering firm GustoMSC, which is part of the SBM Offshore Group, has been sold to the private equity firm Parcom Capital for a consideration of
The crew aboard Crowley Maritime Corporation’s tugboat Guard recently performed a heroic rescue of a man who was struggling to stay afloat in the
Seadrill received a Letter of Award today from Calgary-based Husky Oil for a new five-year contract for the newbuild harsh environment semi-submersible rig
Unlike cars, ships can’t just pull the e-brake and stop in the middle of the ocean when they rendezvous with another vessel such as an FPSO. For close
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, received a letter of intent today for the provision of the accommodation semi-submersible
Singapore-based shipowner Britoil Offshore Services Pte Ltd. entered into a contract today with the Ulstein Group for the design and equipment packages for two
Martek Marine announced today the release of a new product called Marine Tankscape, a gas monitoring system for tankers and reefer vessels which removes the
Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets. With
Workers on board the Floatel Superior operating on the Norwegian Continental Shelf had a rude awakening on Wednesday when they were forced to muster at their
After Overseas Shipholding Group, Inc. (NYSE:OSG) announced last month they were considering filing for Chapter 11 bankruptcy protection, their stock took a
At the end of June, the National Shipping Company of Saudi Arabia (Bahri) announced plans to merge with Saudi ARAMCO’s shipping arm, Vela International,
In an exclusive interview with ABC’s Good Morning America today, the crew of the ill-fated tall ship Bounty speak. Here’s what they had to say.
Ever since the Bounty sank off Cape Hatteras last week a fiery online debate has literally raged. It’s a tragic event that pretty much everyone who has
With a fleet of 64 containerships aggregating 363,049 TEUs, Athens-based Danaos Corporation (NYSE: DAC) ranks among the largest containership charter owners
Athens-based ship owners, Alpha Tankers and Freighters International, have chosen MAN Diesel and Turbo dual-fuel engines for two 160,000 m³ LNG carriers
Over the past few days it was unclear whether or not the US Navy would be officially tasked to provide disaster relief to New York and New Jersey. It
Italian news company Corriere reported today a boat carrying Libyan migrants capsized in the Mediterranean Sea on Saturday while enroute to Lampedusa, an
US Department of Homeland Security Secretary Janet Napolitano has issued a Jones Act waiver to allow foreign-flagged ships from the Gulf of Mexico into ports
China’s Zhejiang Shipbuilding delivered the platform supply vessel Bourbon Calm today, the third in a series of four platform supply vessels of
Captain Robin Walbridge and the crew of the Bounty made a port call in Belfast, Maine this past August and gave a very telling interview with one of the
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