Montco Offshore, Inc.

Decommissioning: A Complex Business That's Handled Well
Decommissioning is arguably one of the best understood markets ever. What other sectors provide such well-documented inventories of future activity?

DecomWorld: 40% of all Decommissioning Costs Could be Spent on Well Plugging and Abandonment
With the implementation of the Idle Iron NTL in the Gulf of Mexico in October 2010, the offshore oil and gas industry has been kick-started into decommissioning any redundant platforms and plugging and abandoning any unused wells.

New liftboat billed as world's largest
The Liftboat Robert heads from Port Fourchon into the Gulf of Mexico earlier this month for its first job.

SEACOR Marine Announces Agreement to Purchase Liftboats From Superior Energy Services
HOUMA, LA--(Marketwire -02/22/12)- SEACOR Marine LLC ("SEACOR Marine") today announced an agreement with Superior Energy Services L.L.C. to purchase 18 liftboats for $134 million plus working capital.

Mermaid fights claims of 'murder at sea'
MERMAID Marine is attempting to limit its legal liability to about $21 million over allegations it abandoned a stricken vessel during a deadly storm in the Gulf of Mexico last year.

Recent Navy contracts
Your tax dollars at work

International Shipholding still looking at strategic options
responds to announcement that Liberty Shipping has cancelled offer

Netherlands to try pirate suspects
seeks extradition of five held by Danish Navy

Chouest outlines Tampa Ship plans
will continue to offer commercial ship repair and dry-docking

Connaughton set to step down at MarAd
nomination as Federal Maritime Commissioner dies in committee

Lakes lawmakers press for new icebreaker
Seek sistership to Mackinaw in economic stimulus package

Mayor Bloomberg honors splash down responders
NY Waterway and Circle Line employees get certificates