offshore vessels

PaxOcean Group, a leading marine and offshore asset service provider, has signed a significant newbuilding contract with an unidentified Greek shipowner. The

(Bloomberg) — Billionaire Gautam Adani’s port unit will buy an 80% stake in Singapore-headquartered Astro, a supplier of offshore support vessels, for

Norwegian shipping group Island Offshore has signed a contract with VARD for the delivery of an additional hybrid power Offshore Energy Construction Vessel

Tidewater Inc. (NYSE: TDW), a leading global provider of offshore service vessels (OSVs), reported strong financial results for Q2 2024, with a revenue of

Eastern Shipbuilding Group has announced a contract to complete the construction of two ultra high-spec 400 class Multi-Purpose Support Vessels (MPSVs) for

Norwegian offshore service vessel provider, Island Offshore, has announced that it has secured a long-term employment contract for the walk-to-work vessel

Tidewater Inc. (NYSE: TDW), a leading provider of offshore support vessels, reported a substantial improvement in revenue and earnings in the second quarter of

Speaking at the Marine Money ship finance forum in New Orleans, a representative of VesselsValue said he is optimistic about the offshore industry for the

Houston-based Tidewater Inc. (NYSE: TDW), owner and operators of the world’s largest fleet of offshore support vessels, says this year has marked an

The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the

DUBAI, March 31 (Reuters) – Abu Dhabi-based Gulf Marine Services (GMS) said on Tuesday it had reached an agreement with its syndicate of banks to

By Davide Barbuscia and Hadeel Al Sayegh DUBAI, Aug 27 (Reuters) – Creditors of Abu Dhabi-based Gulf Marine Services (GMS) are close to hiring an adviser

Canada-based Atlantic Towing has entered into a contract with Norwegian ship technology group Havyard for the purchase of a state-of-the-art hybrid

The offshore supply vessel (OSV) sector continues to be in serious trouble despite a rebound in oil prices as too many vessels compete for limited business

By Ruth David and Dinesh Nair (Bloomberg) — Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering

Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV)

A dive support vessel with 23 crew was forced to issue a mayday call on Monday after a fire broke out in the vicinity of the vessel’s engine room

The world’s largest high-end offshore service vessel company was created Wednesday with the completion of the mergers involving former Norwegian offshore

Finnish technology group Wärtsilä has been selected to supply the engines and propulsion machinery for the first offshore construction vessel to be

Norwegian offshore supply vessel companies Solstad Offshore, Farstad Shipping, and Deep Sea Supply are forging ahead with plans to combine operations with the