A Bold Plan To Host Refugees At Sea Ends In Failure

A luxury cruise ship chartered to house asylum seekers has been put up for sale by its owner due to problems with regulators and the reduction of the refugee crisis in Sweden. US Shipmanagers, a Florida company, claims that a sale may be necessary to cover losses they would incur if the Swedish migration agency (Migrationsverket) fails to pay a 54 million kronor ($6.44 … [Read more...]

Prosafe Books First Gig for New Accommodation Vessel

  Semi-submersible accommodation vessel owner Prosafe says it has booked a $60 million contract for use of one of its newbuild vessels beginning in 2016. Prosafe says that the contract was signed with an undisclosed client for use of an accommodation vessel in the UK sector of the North Sea. The contract covers a firm period of eight months beginning in … [Read more...]

Logitel Delays Delivery of Teekay’s Big Round Accommodation Rigs

  Singapore-based Logitel Offshore Holdings has delayed the delivery of its second and third floating accommodation unit after striking an agreement COSCO. Logitel was co-created by Norway's Sevan Marine in 2013 in order to develop opportunities for Sevan’s unique cylindrical hull design within the FPSO/FSO business segment. The company is now owned by Teekay … [Read more...]