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Americas
Hornbeck Offshore reorganisation under chapter 11 moves a step closer
Having secured support from lenders and noteholders last month for a prepackaged chapter 11, Hornbeck Offshore Services has launched a…
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Asia
Nortrans Offshore seals new contracts for MPSV and accommodation vessel
Singapore-based Nortrans Offshore, led by Kjell Gauksheim, has secured new work for two vessels in its diverse fleet. Together with…
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Europe
Esvagt cuts salaries to withstand Covid-19 and low oil prices
Offshore safety and support vessel specialist Esvagt has announced its plans to find a way through the depressed environment caused…
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Europe
Rem Offshore secures another PSV extension
Fredrik Remøy led Rem Offshore has announced its second contract award in a week, confirming a new contract for 2013-built…
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Europe
Odfjell sells stake in Dalian terminal
Norway’s Odfjell has announced that subsidiary Odfjell Terminals (China) has completed the sale of its 50% shareholding of Odfjell Terminals…
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Americas
Harvey Gulf extends PSV charters, seeks M&A opportunities
New Orleans headquartered offshore vessels owner Harvey Gulf International Marine has signed 18-month contract extensions for two of its platform…
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Middle East
Gulf Marine Services awarded new renewable energy contract
UAE-based liftboat operator Gulf Marine Services (GMS) has been awarded a six-month renewable energy contract to provide support for the…
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Uncategorized
Island Offshore PSV extended by Equinor
Norway’s Island Offshore has been awarded a one-year extension by Equinor for 2015-built platform supply vessel . The extension will…
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Asia
Iranian boxship and Indonesian bulker grounded after collision in Singapore Strait
Iranian boxship and Indonesian-flagged bulker Samudra Sakti I both ran aground this morning near the island of Sambu, off Batam…
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Europe
Scorpio Bulkers offloads $42.8m worth of Scorpio Tankers shares
Emanuele Lauro’s Scorpio Bulkers has raised funds by selling 2.25m shares in sister company Scorpio Tankers. Scorpio Bulkers sold the…
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Europe
Solstad Offshore seals financial restructuring with will see fleet reduced by 37 vessels
Solstad Offshore, the Norwegian offshore vessel owning giant formed by the merger of Solstad Offshore, Deep Sea Supply and Farstad,…
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Americas
Hess charters VLCC trio to store 6m barrels of shale oil
New York-headquartered oil and gas driller Hess Corporation has taken the unusual move of chartering three VLCCs to store oil…
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Europe
Maersk Drilling cuts up to 170 onshore jobs as low oil prices hit profitability
Maersk Drilling has lowered its guidance for 2020 due to the impact of Covid-19 and low oil prices, and will…
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Offshore
Noble suffers jackup delay in Saudi, eyes financial restructuring
Offshore driller Noble Corporation has revealed in its latest set of results that the contract for jackup rig has been…
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Europe
Maersk Supply Service to reduce onshore work force
Maersk Supply Service has announced that it will work to reduce its onshore costs by 30%, in a move that…
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Europe
DOF Subsea wins new contracts to offset termination
Norway’s DOF Subsea has received two new contracts, which should cushion the blow of the termination of another contract. DOF…
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Europe
GC Rieber CSV charter extended by Nexans
Norway’s GC Rieber Shipping has agreed an extension with Nexans subsidiary Nexans Skagerrak for the charter of 2011-built construction support…
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Asia
Alam Maritim awarded new underwater services contract
Malaysia’s Alam Maritim Resources has been awarded a contract by Sapura OMV Upstream to provide underwater services. The contract is…
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Europe
Solstad Offshore finds work for six vessels
Norway’s Solstad Offshore has entered into medium-term contracts for six of its vessels. Each of the contracts, with undisclosed clients,…
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Europe
Awilco Drilling campaign delayed by Petrofac
Norway’s Awilco Drilling and Petrofac have come to an agreement to delay the commencement of the plug & abandonment program…
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