Bollinger Shipyards, Inc., Lockport. La., has added another new design to its list of "less is more" offshore service vessels (OSV) that have cargo carrying capacities of larger vessels without the added equipment, operational and maintenance costs to their owners or operators.
Halter Marine, Inc., New Orleans, La., has completed an 11 supply boat contract with Tidewater Marine, Inc. with the delivery of the 192-foot Tiger Tide. The Tiger Tide is 192 feet 6 inches with a 40-foot beam and 14-foot depth. She is powered by two EMD 16-645E7B diesel engines developing 2,
Promet Private Limited, Singapore, recently launched another of its offshore supply vessels. Sponsor of the NMS 209 (shown above) was Mrs. Hugh Jackson, wife of the president of Jackson Marine Corporation, owner of the vessel. This $3.5-million
Wartsila Diesel of Finland will deliver 16 Vasa 32 engines for Norwegian offshore vessels under construction in Singapore. Wartsila Vasa 32 main engines will be installed in the four tug supply vessels ordered by the Norwegian Viking Supply Ships A.
Known for its sleek, fast and high-performance wavepiercing catamarans, Incat Australia expanded its reach to U.S. shores with its decision last year to partner with Lockport, La.,-based Bollinger Shipyards for the construction and design of a new breed of high speed,
Zapata Corporation of Houston recently announced that its board of directors and the board of directors of Trafalgar House Limited have approved an agreement for Zapata's U.K. subsidiary, Zapata Off-Shore Services Limited, to acquire Offshore Marine Limited,
St. Louis Ship Division of Pott Industries Inc. recently appointed William R. Cumming as sales manager, Gulf Division, and promoted Donald G. Storck to sales manager, Inland Division, according to an announcement by Anthony G. Tobin, executive vice president-marketing.
Shipowners are known for having distinct differences of opinion, but the one thing that all agree on is the importance of having access to capital. In an industry in which assets are generally bigticket items and operating margins can be thin,