As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels ...

Nekkar’s subsidiary Techano Oceanlift has been awarded a contract by Hercules Supply to deliver an offshore crane for its multi-purpose support vessel (MPSV) newbuild, currently under construction at ...

Indonesia’s Wintermar Offshore Marine expects higher demand for offshore supply vessels (OSVs) driven by a jump in approved deep-water oil and gas investments and tight OSV supply. Wintermar is ...

Beal Bank USA is pleased to announce that it has arranged a term loan of $450,000,000 to Otto Candies, LLC. Andy Longhurst, Managing Director and head of Shipping for Beal Bank USA's wholly-owned ...

3 days Oil Tanker Storage Surges as Russia and Iran Face U.S. Sanctions 3 days Iraq Cancels Lukoil Cargoes as U.S. Sanctions Bite Brazil's state-run oil company Petrobras (NYSE:PBR) has signed a 16.5 ...

Tidewater is attractively valued at NTM EV/EBITDA of 4.8x and has significant upside potential, driven by tight vessel supply and improving offshore fundamentals. Ageing global OSV fleets and minimal ...

Much of the talks of today’s global offshore engineering industry suggest that China has assumed the central role in the global offshore supply chain. Zhang Zhanhai, chief engineer at China's Ministry ...

PORT FOURCHON, La. — The U.S. Coast Guard released a captivating video showing the rescue of a 71-year-old passenger aboard an offshore supply vessel 100 miles southwest of Port Fourchon, La., on ...

Covington-based Hornbeck Offshore Services, which emerged from bankruptcy protection three years ago, is looking to go public again. The offshore marine transportation firm submitted a draft ...