Singapore’s Maritime Port Authority (MPA) announced this weekend the 30,500 dwt semi-submersible barge POSH Mogami, owned by PACC Offshore Services Holdings Ltd. (POSH), sank on Friday, 18 July, leaving three dead. The incident occurred...

PACC Offshore Services Holdings Ltd (POSH), Asia’s largest operator of offshore supply vessels announced today that Mexican conglomerate Grupo Pegaso has signed a term sheet for a position with their company’s...