Archives: September 2013

GOOD TIMES IN GoM

September 24, 2013 5:20 am Published by Leave your thoughts

Over the past year, the platform supply vessel (PSV) market in the US Gulf of Mexico has experienced great times. Vessel owners have seen utilization remain high for PSVs of all sizes, and day rates in the US Gulf are trending upward, even as the supply of PSVs grows due to new deliveries or vessels returning from other markets. Read the rest of this entry »

GE BIGS ITSELF UP

September 23, 2013 5:13 am Published by Leave your thoughts

According to GE, as much as we hate to admit it, success is based on how well we adapt to situations we simply can’t control. That’s why, when it comes to holding a drillship on-site, as winds whip the sea and the underwater currents into a frenzy, oil companies and their contractors turn to GE’s Power Conversion business. Read the rest of this entry »

MLC AND OFFSHORE

September 17, 2013 5:22 am Published by Leave your thoughts

Given that the first ever MLC related vessel detention was of an Offshore support vessel (OSV) operators should ensure their ships meet the Maritime Labour Convention (MLC) 2006 rules to prevent detentions, delegates were told at Riviera Maritime Media’s first Asian Offshore Support Journal Conference in Singapore. Read the rest of this entry »