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

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 ...

Crane specialist Huisman has signed a contract with Greek shipowner Capital Offshore for the delivery of four Knuckle Boom Cranes, which will be fitted on new platform supply vessels (PSVs).The cranes ...

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 ...

Feb 18 (Reuters) - Jefferies downgraded three offshore supply vessel companies due to an expected decline in the offshore rig count and operators delaying some major offshore projects around the world ...

All 37 vessels are currently active and are working throughout the world, principally in the North Sea, but also in Brazil, Australia and West Africa. “Assuming the transaction closes at the end of ...

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 ...

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 ...