Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business.Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million…
Tidewater has appointed Dick H. Fagerstal non-executive Chairman of the Board.In addition, the Board has reduced the size of the Board from nine to eight members.Fagerstal stated, “I am honored to assume the role of Chairman of the Board of Tidewater at such an exciting time for our industry…
Norwegian offshore vessel owner Solstad Offshore has revealed the expected completion date for its previously agreed sale of 37 platform supply vessels to the U.S. offshore vessel firm Tidewater.Solstad Offshore in March said it would sell 37…
Marine engineering and propulsion specialist Royston has completed the rapid overhaul of a diesel power plant system onboard a Tidewater Marine operated platform support vessel.Royston engineers undertook the 18,000 running hours service of a Scania DI12 harbor generator…
U.S.-based Tidewater, one of the world's largest owners of offshore support vessels, announced Thursday that Larry T. Rigdon has chosen not to stand for reelection as non-executive chairman and will retire from the board at the company's annual stockholders meeting on June 26…
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited.'This follows the completion of the combination of the company's businesses and Keppel Offshore & Marine Ltd on February 28…
Norwegian offshore vessel owner Solstad Offshore has sold the anchor-handling tug supply vessel Far Sabre for an undisclosed fee.The 2008-built vessel has been in layup since 2019. Delivery of the vessel to the new owner took place on Tuesday…
Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million.The sale will mark Solstad Offshore's exit from the platform supply vessel sector. Ongoing PSV charter parties will be transferred to Tidewater…
Aluminium vessel builder Strategic Marine has signed a memorandum of understanding with Purus Wind’s UK-based crew transfer vessel owner HST Marine, to build three Brevity-class crew transfer vessels. The agreement binds the two parties to negotiations…
Purus Wind’s HST Marine has ordered a series of four hybrid crew transfer vessels from shipbuilder Strategic Marine, with options for two additional vessels.The BMT-designed parallel hybrid StratCat 27 (SC27) CTVs will be delivered in the first and second quarters of 2023…
U.K.-based NR Marine Services has placed an order with compatriot shipbuilder Divers Marine for a new new crew transfer vessel (CTV) to service the offshore wind industry. This newbuild, to be named NR Predator, will be a first of class Diverse…
Singapore-based shipbuilding company Strategic Marine has signed an order to build three ‘Brevity’-class crew transfer vessels (CTVs) from Chartwell Marine.The Brevity-class 27-meter catamaran design forms part of Chartwell’s new offshore wind support vessel range…
Singapore's Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp's offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19 billion), the Temasek-backed oil rig builder said on Thursday…
Tidewater, one of the world's largest owners of offshore support vessels, will upgrade one of its platform supply vessels (PSV) North Pomor with a new battery package.Norway-based Norwegian Electric Systems AS (NES), a subsidiary of HAV Group ASA…
Purus Marine on Wednesday announced the acquisition of HST Marine, a UK-based provider of Crew Transfer Vessels (“CTVs”) to the offshore wind industry.HST’s fleet of includes one of the industry’s first battery hybrid CTVs, the Chartwell-designed HST Ella…