Cal Dive International Inc.

Ship Managers

Cal Dive International, Inc. was an energy services company primarily focused on providing underwater services to the offshore oil and gas industry. The company specialized in marine contracting services, including the construction, maintenance, and decommissioning of offshore oil and natural gas infrastructure. Here are some key points about Cal Dive International:

History and Background

Founded: Cal Dive International was founded in 1975.
Headquarters: The company was headquartered in Houston, Texas, USA.

Services

Subsea Construction: Cal Dive offered a range of subsea construction services, which included the installation of pipelines and underwater facilities.
Maintenance and Repair: The company provided maintenance and repair services for underwater infrastructure, ensuring the integrity and functionality of subsea systems.
Decommissioning: Cal Dive was involved in the deactivation and removal of obsolete or non-functioning offshore oil and gas infrastructure.

Equipment and Capabilities

Diving Support Vessels (DSVs): The company operated a fleet of diving support vessels equipped with diving systems for both shallow and deep water.
ROVs (Remotely Operated Vehicles): These were used for underwater inspections, maintenance, and repair tasks, particularly in deep water where human divers could not operate.
Heavy Lift Capabilities: The company had specialized equipment for lifting and transporting large subsea components.

Challenges and Bankruptcy

Cal Dive International faced increasing financial challenges in the years leading up to its bankruptcy filing. The downturn in the oil and gas industry, coupled with high operational costs and debt levels, contributed to these difficulties.

Bankruptcy Filing: On March 3, 2015, Cal Dive International filed for Chapter 11 bankruptcy protection. The bankruptcy proceedings aimed to allow the company to restructure its debts and operations.

Aftermath

Post-bankruptcy, the company's assets were sold off as part of the liquidation process. Various entities acquired parts of Cal Dive's business, including its fleet and ongoing projects.

Industry Context

Cal Dive International operated in a highly specialized and capital-intensive segment of the oil and gas industry. Companies in this sector are significantly affected by fluctuations in oil prices, regulatory changes, and the broader economic environment.

While Cal Dive International, Inc. no longer operates under that name, its legacy and impact on subsea construction and maintenance in the offshore oil and gas industry continue to be felt through its former assets and the skilled professionals who once worked there.

Ships

AMERICAN CONSTITUTION

Supply Vessel/Tug | Flag: Panama | Port: PANAMA

TEXAS

Supply Vessel | Flag: Vanuatu | Port: PORT VILA

MIDNIGHT STAR

Supply Vessel/Tug | Flag: Vanuatu | Port: PORT VILA

MYSTIC VIKING

Supply Vessel | Flag: Bahamas | Port: NASSAU

UNCLE JOHN

Column-stabilised Unit | Flag: Bahamas | Port: NASSAU

Maritime News

Container Shippers Mitigating Green Transition Risks with Dual-Fuel Vessel Orders

7 hours ago

Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.Their order books, however, reflect uncertainty over which of a wide array of so-called green fuels will become the standard in the decades to come, and whether supplies will be cheap and abundant enough to keep their fleets in motion.Decarbonizing shipping is important to global efforts to fight climate change because it accounts for about 3% of global greenhouse gases, but accomplishing it will be difficult and costly

Misunderstanding General Average Concepts Could Harm Offshore Operators

13 hours ago

At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA) when concluding charter-party contracts for offshore services could cause problems in the event of an incident or accident.Michiel Starmans, a Fellow of the AAA and Director Legal Department of the Spliethoff Group and Alf Inge Johannessen, an Associate of the AAA and Senior Claims Manager at DOF

Australia and India Talk Maritime, Renewables at G20

yesterday

Australia will partner with India to boost investment in renewable energy, including solar manufacturing, battery and mineral processing, Prime Minister Anthony Albanese said in a meeting with his Indian counterpart on the G20 sidelines.Australia and India will also look to enhance defense and maritime security cooperation, Albanese said in a meeting with India's Prime Minister Narendra Modi in Rio de Janeiro on Tuesday.The two countries, along with the United States and Japan, are members of the Quad, which has sought to balance China's rising military and economic clout in the Indo Pacific region.

Sabotage: Two Undersea Cables Cut in Baltic Sea

2 days ago

Two undersea fibre-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabotage by bad actors, countries and companies involved said on Monday.The episode recalled other incidents in the same waterway that authorities have probed as potentially malicious including damage to a gas pipeline and undersea cables last year and the 2022 explosions of the Nord Sea gas pipelines.The 1,200-kilometre (745-mile) cable connecting Helsinki to the German port of Rostock stopped working around 0200 GMT on Monday, Finnish state-controlled cyber security and telecoms company Cinia said.

Global Offshore Wind Stumbles to the End of '24

3 days ago

Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere ... with the exception of China.Reuters spoke to 12 offshore wind companies, industry researchers, trade associations, and government officials in six countries to come up with a global picture of the state of the industry and its outlook, and found soaring costs, project delays and limited supply chain investment were hobbling installations.