offshore vessels


Wednesday, March 8, 2017
Oversupplied OSV Market Facing Record Number of Deliveries in 2017
News

Oversupplied OSV Market Facing Record Number of Deliveries in 2017

A record 450 offshore supply vessels are still scheduled for delivery in 2017 despite a massive oversupply in the market, according to new figures released by

March 8, 2017
Total Views: 189

Tuesday, February 28, 2017
Ezra Affiliate, Emas Chiyoda Subsea, Files for U.S. Bankruptcy
News

Ezra Affiliate, Emas Chiyoda Subsea, Files for U.S. Bankruptcy

By Tom Hals Feb 28 (Reuters) – A subsea and offshore contractor affiliate of Ezra Holdings Ltd, a struggling Singaporean oilfield services firm, filed

February 28, 2017
Total Views: 139

Monday, February 6, 2017
Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant
Interesting

Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant

By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday

February 6, 2017
Total Views: 324

Friday, January 27, 2017
News

Statoil Scoops Up Nine AHTS and Four PSVs for Work Offshore Norway

Statoil Petroleum AS has chartered thirteen vessels, including 9 AHTS and 4 PSVs, for work offshore Norway as the company boosts its exploration activities for

January 27, 2017
Total Views: 22

Thursday, January 5, 2017
PSV Normad Skipper
News

Offshore Supply Vessel Market Faces More Restructuring in 2017 -Nordea

OSLO, Jan 5 (Reuters) – Thorodd Bakken, head of Nordea Norway’s Corporate & Investment Bank, expects more restructuring to take place in the

January 5, 2017
Total Views: 57

Tuesday, October 4, 2016
Ships at anchor off Singapore.
Shipping News

Singapore Junk Bonds Slump as Chartering Group Swissco Seeks Restructuring

By Netty Ismail and David Yong (Bloomberg) — Singapore’s junk-bond market is suffering its worst rout in at least four years as debt restructurings

October 4, 2016
Total Views: 114

Wednesday, September 14, 2016
Singapore’s Marco Polo Marine Seeks to Delay Bond Payment Amid Business Review
News

Singapore’s Marco Polo Marine Seeks to Delay Bond Payment Amid Business Review

by David Yong (Bloomberg) — A Singapore provider of barges and tugs for coal, steel scrap and iron ores plans to ask bondholders for approval to delay

September 14, 2016
Total Views: 103

Thursday, September 8, 2016
Deep Investment Cuts Slow Rebound for Offshore Oil Services -Bourbon
News

Deep Investment Cuts Slow Rebound for Offshore Oil Services -Bourbon

PARIS, Sept 8 (Reuters) – French oil services company Bourbon said on Thursday that any rebound in oil and gas prices will take a while to reach

September 8, 2016
Total Views: 36

Tuesday, August 30, 2016
Norway’s DNB: Oil Industry Suppliers Face Years of Restructuring
Offshore

Norway’s DNB: Oil Industry Suppliers Face Years of Restructuring

By Stine Jacobsen STAVANGER, Norway, Aug 30 (Reuters) – Restructuring the debt of struggling offshore oil service vessel (OSV) and drilling rig companies

August 30, 2016
Total Views: 65

Tuesday, March 29, 2016
Damen Wants You to Convert Your Laid-Up Platform Supply Vessels
News

Damen Wants You to Convert Your Laid-Up Platform Supply Vessels

With the increasing number of laid up platform supply vessels due the downturn in the offshore oil and gas industry, Dutch shipbuilder Damen Shipyards

March 29, 2016
Total Views: 139

norwegian shipowners
News

Norwegian Shipowners See Tighter Access to Capital in Weak Market

By Henrik Stolen OSLO, March 29 (Reuters) – Access to capital for cash-hungry Norwegian offshore shipowners is expected to tighten further as lower

March 29, 2016
Total Views: 65

Wednesday, March 9, 2016
Havyard Buyer Bails
Shipping News

Havyard Buyer Bails

The unidentified buyer of a new-design subsea vessel at the Norwegian ship technology company Havyard has cancelled the shipbuilding contract amid horrible

March 9, 2016
Total Views: 87

Tuesday, March 1, 2016
Offshore Vessel Market Set for Consolidation, Owners Say
News

Offshore Vessel Market Set for Consolidation, Owners Say

OSLO, March 1 (Reuters) – A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented

March 1, 2016
Total Views: 77

Wednesday, February 24, 2016
Solstad Offshore Says Consolidation Needed to Restore Profits
News

Solstad Offshore Says Consolidation Needed to Restore Profits

OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging

February 24, 2016
Total Views: 83

Tuesday, February 2, 2016
Norway Waves License Fee for Laid-Up Offshore Vessels
News

Norway Waves License Fee for Laid-Up Offshore Vessels

OSLO, Feb 2 (Reuters) – Owners of ships serving the oil industry will be exempt from paying license fees for 2016 on vessels that have been mothballed,

February 2, 2016
Total Views: 37

Tuesday, January 19, 2016
Havila Shipping’s Debt Plan Fails to Gain Support
News

Havila Shipping’s Debt Plan Fails to Gain Support

By Luca Casiraghi (Bloomberg) — Havila Shipping ASA said it has so far failed to get enough support from bondholders to postpone repayments on 5.7

January 19, 2016
Total Views: 55

Monday, January 4, 2016
Video Shows Swiber AHTS Aground in Mexico
News

Video Shows Swiber AHTS Aground in Mexico

A Swiber offshore vessel kicked off the year running aground along a stretch of beach near the port of Dos Bocas in Paraíso, Tabasco,

January 4, 2016
Total Views: 125

Tuesday, December 8, 2015
Offshore Supply Vessel Owners Face Bankruptcy with Drop in Drilling Rigs
News

Offshore Supply Vessel Owners Face Bankruptcy with Drop in Drilling Rigs

By David Wethe (Bloomberg) — The relatively unheralded corner of the oil sector that sends supply boats out to offshore oil rigs may see bankruptcies as

December 8, 2015
Total Views: 125

Monday, November 16, 2015
Ship Photos of the Day – New Ultra-Light Intervention Vessel MV Brandon Bordelon
Shipping News

Ship Photos of the Day – New Ultra-Light Intervention Vessel MV Brandon Bordelon

Today’s ship photos show Bordelon Marine’s new MV Brandon Bordelon, a DP2 Ultra-light Intervention Vessel (ULIV). The vessel is the latest in the

November 16, 2015
Total Views: 150

Tuesday, October 20, 2015
Singapore Offshore Vessel Owners Tap Alternatives to Scarce Bank Funding
Shipping News

Singapore Offshore Vessel Owners Tap Alternatives to Scarce Bank Funding

  By Rujun Shen SINGAPORE, Oct 20 (Reuters) – Offshore services firms in the Asian oil hub of Singapore are turning to higher-cost alternative

October 20, 2015
Total Views: 166