Teekay will buy the HiLoad unit for about $55 million and will pay about $4.4 million for the ownership interest in Remora. The HiLoad unit is a self-propelled dynamic positioning system that attaches ...

The inclusion of dynamic positioning systems has become a standard and necessary system on supply boats and many crew/supply vessels. In their simplest form, dynamic positioning systems allow an ...

Hornbeck Offshore said it has installed a dynamic positioning (DP) simulator that provides an interactive and immersive training experience for current and future mariners who serve in DP officer (DPO ...