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Europe
Siem Offshore makes structural changes
Oslo: Subsea 7 spinoff, Siem Offshore Inc, has announced a major restructuring of the business to form two separate divisions…
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Europe
Nordic American Tankers plans fleet expansion
Oslo: In a letter to shareholders, Nordic American Tankers chairman and ceo Herbjorn Hansson revealed that the company is planning…
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Europe
Knarr field produces first oil for BG Group
Oslo: BG Group has said today that Teekay FPSO Petrojarl Knarr has started production from the Knarr oil field in…
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Asia
KrisEnergy kicks off Gulf of Thailand drilling
Singapore: KrisEnergy has said that Key Gibraltar jackup rig has commenced drilling of the Rossukon-2 exploration well in the G6/48…
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Europe
DHT fixes four on time charters
Oslo: New York-listed DHT Holdings has booked time charter contracts for four of its vessels. VLCC DHT Chris (309,285dwt, built…
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Americas
Aker Philadelphia Shipyard completes product tanker financing for Crowley jv
Oslo: Aker Philadelphia Shipyard has finalised a secured term loan of up to $60m from PIDC Regional Centre, an investment partnership…
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Europe
E.R. Offshore says Vard statement regarding cancellations misleading
Hamburg: E.R. Offshore has hit back at what it calls a “misleading” statement by shipbuilder Vard, leading many to believe…
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Dry Cargo
ESL Shipping lands windfall by offloading Alandia insurance stake
Helsinki: Baltic Sea bulk operator ESL Shipping has sold its 3.5% share of insurance company Försäkringsaktiebolaget Alandia to Bore Ltd,…
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Europe
Rosneft terminates drillship contract with North Atlantic Drilling
Oslo: North Atlantic Drilling, the majority owned subsidiary of John Fredriksen-controlled Seadrill, has said that Rosneft has terminated a contract to employ drillship…
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Europe
Dolphin drillship contract cancelled
Oslo: Fred. Olsen Energy has said that subsidiary, Dolphin Drilling has received a contract termination for convenience notice from Anadarko…
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Europe
DOF Subsea wins Australian Chevron contract
Oslo: Offshore and subsea vessel owner DOF has signed a deal with Chevron Australia to provide IMR services for three…
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Asia
BW LPG announces Ackermann as new CEO
Singapore: BW LPG has unveiled its new ceo, Martin Ackermann, currently the ceo of gas ship operator Evergas. Ackermann has…
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Americas
Aker Philadelphia Shipyard – Crowley product tanker jv secures $325m funding
Oslo: Oslo Børs listed Aker Philadelphia Shipyard has said its jv with Crowley has closed a $325m senior secured term loan…
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Finance and Insurance
London Offshore Consultants opens in Sydney
Sydney: Maritime and offshore engineering consultancy London Offshore Consultants (LOC) has expanded its Australian presence by opening an office in…
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Europe
Reach grabs work for Edda Fonn
Oslo: Subsea operator Reach Subsea has won a contract for ROV/survey vessel Edda Fonn (built 2003) to an undisclosed international…
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Asia
Nam Cheong secures pair of orders
Kuala Lumpur: Malaysian offshore shipbuilder Nam Cheong has announced that it has sold two vessels worth around $58m. Singapore’s Marco…
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Offshore
Australia’s Bhagwan Marine makes subsea move
Perth: Australian offshore vessel operator Bhagwan Marine has announced the launch of a new subsea division. Bhagwan has a fleet…
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Europe
Solstad Offshore wins Malaysia charter extension
Oslo: Solstad Offshore said it has received a letter of award from Murphy Sabah Oil for the charter of anchor…
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Asia
Vessel catches fire off Vung Tau
Ho Chi Minh City: General cargo vessel Golden 168 (9,106dwt, built 2008) caught fire early Sunday morning while docking off…
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Europe
Norwegian vessel runs aground in Scotland
Glasgow: Norwegian general cargo vessel Fri Sea (3,676dwt, built 2001) ran aground yesterday after it was caught in a squall…
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