New Orleans-based Harvey Gulf International Marine has sold its towing division — eight offshore tugs used to move drilling rigs — to Houston-based Signet Maritime Corp. Signet said it will maintain ...

With clean energy projects maturing in U.S. waters, the nation’s offshore wind industry is poised to grow substantially, requiring a robust industrial base. A feedering model using domestic tugs and ...

Tidewater Inc. announced today the closing on the sale of ten offshore tugs for a total cash price of $31.5 million. The culmination of this transaction results in an approximate $24 million pre-tax ...

Trinity Offshore LLC has been awarded contracts worth more than $27 million to build two tugs for Colle Maritime Company. Colle Maritime is a joint venture between Colle Towing Company and Signet ...

KOTUG Guyana Inc., a KOTUG International B.V. company, has boosted its fleet of Offshore Terminal Tugs as it welcomed three new arrivals. The new units will help the company support ExxonMobil ...

A veteran tugboat captain claims Bermuda’s new tugboats, the Faithful and the Powerful, are inadequate for the type of open sea work required for the job. Roy Kenneth Todd also said staff within the ...

NEW ORLEANS--(BUSINESS WIRE)--Aug. 11, 2006--Tidewater Inc. (NYSE:TDW) announced today that it has entered into a definitive agreement with Crosby Marine Transportation, LLC to sell 14 of its offshore ...

Miclyn Express Offshore Limited (MEO) is an investment holding company. The Company operates a crewed vessel charters and a shipyard business. It operates in eight segments: offshore support vessels, ...