WorkBoat Show 2025: See the Show Floor in New Orleans! Get a live look at the floorplan, check booth availability, and see who’s signed up!
Supermajor Chevron Corp., Houston, announced it has finalized its acquisition of Hess Corp., New York, following a favorable arbitration ruling in a legal battle against rival ExxonMobil Corp., Spring, Texas, concerning Hess’ offshore Guyana assets.
With Western Towboat adding another Titan-class tug, U.S. operators face rising costs, aging fleets, and growing demand from offshore wind, oil, and space, prompting hard choices between building new or overhauling old.
A recent oil spill in Marin County, in Northern California, has drawn attention because the captain of the tug involved became personally liable for damages.
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