Interesting Launch for Interesting Tugs
The ownership of the Canadian firm Island Tug and Barge has changed with the purchase by the U.S. parent company Tidewater Inc. The firm is now known as Island Tug.The second tug, with the hull and superstructure completed and with the Cummins K38s installed still requires more work, was also launched in early May of 2018.The vessels were built in a warehouse on the Fraser River. With no launching facility and a railway track between the yard and the steep bank of the river, it took some innovative heavy lifting.
Tidewater Takes Over STX Pan Ocean PSV Newbuild Contracts
STX OSV Holdings Limited say Tidewater Inc. has acquired contracts for 3 Platform Supply Vessels (PSVs) under construction at STX OSV in Norway. STX OSV had originally secured the contracts for the design and construction of three vessels for STX Pan Ocean Co. Ltd. in 2010, and Tidewater has now entered into an assignment agreement with STX Pan Ocean to take over these contracts. The first vessel in the series will be delivered to Tidewater during 1Q 2013. Deliveries of the next two vessels are scheduled for Q2 and Q3 2013. Mr.
Tidewater PSV Named For New Orleans Native Cindy Brown
Platform supply vessel Cindy Brown Tide was delivered to offshore-service giant Tidewater on Oct. 24, and chartered to oil company BP in the Gulf of Mexico. The boat's namesake is someone missed by many. "The vessel was named for Cynthia Niklaus Brown, a wonderful woman who passed away in late 2009 in Houston after being diagnosed with cancer," said Joseph Badeaux, general manager and vice president at Houma, La.-based Quality Shipyards, a subsidiary of Tidewater. Brown, a New Orleans native…
Gulf Firms Moving Cargo, Staff To Distant Rigs
More than a decade ago, deepwater oil production in the Gulf of Mexico surpassed shallow water output for the first time ever. These days, rigs are found hundreds of miles offshore. Companies need to get equipment, employees, fuel and mud to those sites economically and usually on a tight schedule. Gulf marine companies are trying to meet those requirements by increasing the speed, size and energy efficiency of their vessels--though not necessarily all at once. Shane Guidry, Chief Executive Officer of Harvey Gulf International Marine…
Siemens to Power PSV Pair
Bay Shipbuilding in Sturgeon Bay, Wis., has awarded the Siemens Division Industry Solutions a multimillion Euro contract to equip two platform supply vessels (PSV) with a diesel electric propulsion system. The ships are being constructed by Tidewater Marine LLC, a Tidewater Inc. subsidiary. They are slated for delivery in the fourth quarter of 2012 and the second quarter of 2013 respectively. Siemens will outfit two new PSV of Tidewater Inc. with a Bluedrive multi-drive low-voltagepropulsion system.
Siemens to Supply Propulsions Systems for PSVs
Siemens Industry, Inc. announced today that it has been awarded a multi-million dollar contract to equip two platform supply vessels (PSVs) with its diesel electric propulsion solution at Fincantieri Marine Group's Bay Shipbuilding Company in Sturgeon Bay, WI. A Tidewater Inc. subsidiary will construct the vessels. The two deepwater PSVs will be outfitted with Siemens Blue™ multi-drive low-voltage propulsion system which improves reliability due to failsafe features that will help the vessel owner lower maintenance costs, and increase efficiency and operational ease for the vessel and crew.
Tidewater Signs for Four PSVs with Drydocks World
Tidewater entered into a contract with Drydocks World for the construction of four 265-ft. deepwater platform supply vessels at its shipyard in Batam, Indonesia. The delivery of these high-performance, high-capacity, 3,200 metric ton deadweight platform supply vessels is estimated to begin in April 2012 and conclude in late 2012. The contract price of the four vessels totals approximately $100 million, exclusive of some owner-furnished equipment. The agreement with Drydocks World also provides options…