Veecraft Marine, a wholly-owned subsidiary of Paramount Maritime Holdings and African-based global aerospace and technology company Paramount Group, opened its new premises at a ceremony held in Cape Town. Veecraft Marine has manufactured more than 60 maritime platform solutions in various classes since its inception in 2002, totaling more than $130 million of contracts. Leveraging its specialization in the construction of 20 to 30 meter vessels…
The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel.Offshore accommodation specialist informed last…
US-based offshore support vessel (OSV) provider Seacor Marine has decided to sell its North Sea emergency response and rescue vessel business to North Star in a move to cut costs and generate cash to support its core business.Under the terms agreed…
Saudi Arabia’s Rawabi Vallianz Offshore Services (RVOS) has contracted Netherlands-based Praxis Automation Technology to deliver dynamic positioning systems for its fleet of offshore support vessels (OSVs) operating out of the country. RVOS…
Edda Accommodation, a specialized provider of offshore accommodation service vessels, has announced that Johan Rokstad retired as CEO.The managing director role of Edda Accommodation is now transferred to Kenneth Walland, CEO of Østensjø Rederi…
Offshore helicopter services provider Bristow Group filed for chapter 11 bankruptcy protection after reaching a deal with senior bondholders on a plan to slash its debt load.The struggling Houston-based helicopter operator for offshore oil and…
Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) announced that two of its subsidiaries that provide harbor tugboat and other related services, will merge on July 1, 2019.Yokohama, Kanagawa-based Wing Maritime Service…
Transnet National Ports Authority’s (TNPA) Port of Ngqura has hosted the testing and launch of the first ever locally manufactured aluminium vessels by PE-based boat builder, Legacy Marine. As the company’s ship yard is based in Perseverance…
The subsea operations and manufacturing company JFD, a part of James Fisher and Sons, has received a multi-million dollar contract for the design and build of an advanced Deep Search and Rescue Vehicle (DSRV).The DSRV will be delivered as a…
U.S. offshore vessel owner Seacor Marine has acquired of three fast support vessels (FSVs) in exchange for the private placement of 603,872 shares of its common stock to domestic U.S. holders affiliated with the McCall family of Louisiana.The…
