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Europe
New contracts for Deep Sea Supply
Oslo: Fredriksen controlled Deep Sea Supply has secured work for two of its PSVs. Sea Brazil has been contracted to under-fire Petrobras while Sea…
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Europe
DOF shreds five
Oslo: DOF’s subsidiary Norskan Offshore in Rio de Janeiro has entered into an agreement to sell five ships operating in…
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Europe
FPSO explosion off Brazil kills at least five
Oslo: Five people are dead and another four missing following an explosion on the BW Offshore-owned FPSO Cidade de Sao…
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Europe
Odfjell opens saving account
Oslo: It’s no secret that the traditional Bergen-based shipowner Odfjell has not earned money in half a decade and is…
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Finance and Insurance
Report finds technology improvements not improving navigation
Gothenburg: Despite years of improved technology and the widespread implementation of safety management systems, navigational claims remain at the same…
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Europe
Farstad Shipping beats a retreat
Oslo: Only days after Norway’s biggest offshore owner decided to discontinue shipping operations in Aberdeen another retreat has been signaled…
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Europe
Reef Subsea downfall hits GC Rieber Shipping
Oslo: Stavanger based private equity fund HitecVision might lose to up to $500m while GC Rieber Shipping might lose $200m…
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Europe
Maersk Drilling lays off staff
Oslo: Maersk Drilling says it has been forced to cut 90 positions from its head office following lower demand for…
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Dry Cargo
Western Bulk CFO denies Copenship exposure
Oslo: Dry cargo outfit Western Bulk has dismissed rumours it has extensive exposure to Danish Copenship’s bankruptcy earlier in the…
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Europe
Statoil reveals new CEO
Oslo: Norwegian energy giant has appointed from within for its new full time ceo, filling the void left by Helge…
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Europe
Container terminal for Greenland
Oslo: Nuuk, Greenland’s tiny capital, is eying its first modern container terminal. An agreement has been signed between Sikuki Nuuk…
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Dry Cargo
Copenship closes
Oslo: Dry cargo is painful for many at the moment but for Denmark’s Copenship it has proven unbearable which has…
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Europe
Saga Tankers risks delisting
Oslo: Øystein Stray Spetalen, one of Norway’s most successful investors, has ignored a deadline to change the shareholding of a…
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Europe
Vik slips away from KNOT
Oslo: Arild Vik is leaving his position as chief executive and chief financial officer of Aberdeen-based KNOT Offshore Partners. “On…
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Europe
Fredriksen-controlled Flex LNG vessels delayed
Oslo: In a move to reduce operating costs Flex LNG has told Korea’s Samsung Heavy Industries to postpone the delivery…
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Europe
German bank green lights Siem Offshore vessel purchase
Oslo: Siem Offshore has secured funding for the building of two well intervention vessels in Germany. The loan of EUR350m…
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Europe
Deep Sea Supply fixes bareboat charters
Oslo: John Fredriksen controlled Deep Sea Supply has secured two long term bareboat contracts for the PSVs Sea Tortuga and…
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