offshore vessels

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

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

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

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

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

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

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

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

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

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

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,

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

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

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

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

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

  Netherlands-based Vroon Offshore Services will be laying up 12 offshore vessels “as a direct result of the ongoing slump in offshore oil and gas

  Farstad Shipping said Friday it is planning to lay up two platform supply vessels and three anchor handling tugs in Norway, marking the latest

  Norwegian offshore vessel owner Havila Shipping ASA says it has decided to lay up two anchor handling tugs (AHTS) amid weakened demand for offshore

  Swedish shipowner Viking Supply Ships says that due to the continued market the company is forced to lay up three platform supply vessels. The vessels