Maritime Vessels Directory

All-Cash Deal, Expanding Brazil FootprintTidewater Inc. (NYSE: TDW) has signed a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT) in an all-cash transaction valued at approximately $500 million, including the assumption of existing debt.The acquisition significantly strengthens Tidewater’s position in the global offshore support vessel (OSV) market while marking a decisive expansion in Brazil — one of the world’s most active offshore energy regions.WSUT brings a fleet of 22 platform supply vessels (PSVs) to Tidewater.

Supreme Court Wades in on US-Cuba Business Disputes

13 hours ago

The U.S. Supreme Court is set to explore legal questions arising from the fraught history of U.S.-Cuban relations when it considers the scope of a 1996 law that lets U.S. nationals seek compensation for property confiscated by the communist-led Cuban government.The justices hear arguments on Monday in two cases centered on the federal law called the Helms-Burton Act, one involving U.S. oil major ExxonMobil and the other involving the cruise lines Carnival, Royal Caribbean, Norwegian Cruise Line and MSC Cruises.One of the law's provisions, called Title III, allows for lawsuits in U.S.

Greenland Says “No Thanks” to Trump's Hospital Ship

13 hours ago

Greenland's Prime Minister Jens-Frederik Nielsen said on Sunday "no thanks" to U.S. President Donald Trump's idea of sending a hospital ship to Greenland, a territory that Trump has repeatedly said he wishes to take over.Trump said on Saturday on social media he was working with Louisiana Governor and special envoy to Greenland, Jeff Landry, to send a hospital boat to Greenland."President Trump's idea of sending an American hospital ship here to Greenland has been noted. But we have a public healthcare system where treatment is free for citizens. It is a deliberate choice," Nielsen said in a post on Facebook.Nielsen said Greenland remained open to dialogue and cooperation, also with the U.S.

Orange Marine Orders Two More Cable Laying and Repair Vessels from Vard

2 days ago

Norwegian ship designer and builder VARD has secured on order from France’s Orange Marine for two additional cable laying and repair vessels of the VARD 9 03 design, to be built at Colombo Dockyard in Sri Lanka.The vessels will be based on the same design as CS Sophie Germain, delivered to Orange Marine in July 2023.The order continues a long-standing collaboration between VARD and Orange Marine that began in 2012, when VARD was selected to design and construct the fiber optic cable laying and repair vessel Pierre de Fermat, based on the VARD 9 01 design.

BOEM Proposes BBG3, Third Gulf of America Lease Sale

3 days ago

The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the third offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Lease Sale Big Beautiful Gulf 3, or BBG3, is scheduled to take place on Aug. 12, 2026.This sale is the third of 30 Gulf of America oil and gas lease sales required by the One Big Beautiful Bill Act (Public Law No: 119-21). By committing to a predictable sale schedule, the Department is delivering on President Trump’s promise to expand American energy production and strengthen U.S. energy dominance.

Maritime Reporter and Engineering News (February 2026)