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Tue, Feb

Bourbon Completes Financial Overhaul Under New Ownership

French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start…
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Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units,
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Dutra Group Reshuffles Top Management

The Dutra Group, a California-based heavy civil marine contractor, has made a series of senior executive promotions across its core operations and newly acquired subsidiary, as it strengthens management capacity to support
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Gladding-Hearn Delivers High-Speed Pilot Boat to Maryland Pilots

The Association of Maryland Pilots has taken delivery of a new Baltimore Class pilot boat from Gladding-Hearn Shipbuilding.The vessel is a sistership to the first of its class delivered four years earlier.Built
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Kawasaki Heavy Industries to Build World's Largest Liquefied Hydrogen Carrier

Kawasaki Heavy Industries and Japan Suiso Energy have signed a contract to build the world’s largest liquefied hydrogen carrier, marking a step toward the commercialization of an international hydrogen supply chain.The vessel
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ABS Grants Approval for Seatrium’s Next-Gen Offshore Substations

The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to Seatrium for its next-generation offshore substation (OSS) design.Seatrium’s design features 500 MW OSS modules, engineered for scalability and aligned
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Master Boat Builders Launches Sixth Rapport 2800 Tugboat for Gulf LNG, Moran Towing Partnership

Master Boat Builders, Inc. announced the successful launch of the Jill, marking a milestone in its ongoing partnership with Gulf LNG Tugs of Port Arthur, LLC, a joint venture comprised of Bay-Houston
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US Coast Guard Releases Report on 2018 Passenger Vessel Collision

On December 12, the U.S. Coast Guard released their report on the collision between small passenger vessel PROWLER and yacht ATTESSA IV, flagged under the Cayman Islands. The collision occurred on October
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