Thursday, October 4, 2018
Maritime News

Seaspan Diversifies as it Steps In to Take Control and Save Swiber

By Mike Wackett (The Loadstar) – Seaspan, the world’s largest non-operating containership owner, has announced its first significant investment outside the sector, suggesting it intends to diversify its business model....

October 4, 2018
Total Views: 24

Thursday, October 6, 2016
Maritime News

Singapore Court Grants Judicial Management to Swiber

By David Yong (Bloomberg) — Swiber Holdings Ltd., the Singapore-based firm that roiled the local bond market when it defaulted in August, has been put under judicial management while it...

October 6, 2016
Total Views: 1

Monday, September 5, 2016
Maritime News

Swiber Says Managers See ‘Reasonable Prospect’ to Save Firm

By Chanyaporn Chanjaroen (Bloomberg) — Swiber Holdings Ltd. said its court-appointed managers have indicated a “reasonable prospect” of saving the Singaporean energy-services company from its debt burdens. Major suppliers, vendors and...

September 5, 2016
Total Views: 61

Thursday, August 11, 2016
Maritime News

More Swiber Fallout as Debt Panic Hammers Singapore Banks

By Jonathan Burgos (Bloomberg) — The recent drubbing in Singapore bank stocks is turning Southeast Asia’s biggest lenders into bargains for money managers including Aberdeen Asset Management Plc. DBS Group...

August 11, 2016
Total Views: 0

Wednesday, August 10, 2016
Maritime News

Swiber Troubles Show Urgency Needed in Fixing Debt, Adviser Says

By David Yong and Andrea Tan (Bloomberg) — Singapore’s offshore oil services companies and marine engineering firms are leaving it too late to reorganize finances to survive an industry slump,...

August 10, 2016
Total Views: 3

Monday, August 8, 2016
Maritime News

Collapse of Penny Stock Swiber Holdings Riles Singapore Oil Hub, Banks

By Kyunghee Park and Chanyaporn Chanjaroen (Bloomberg) — With a market value of S$50 million ($37 million), Swiber Holdings Ltd. hardly seemed the kind of company to cause a ripple...

August 8, 2016
Total Views: 32

Monday, January 4, 2016
Maritime 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, Mexico.  The company’s 5,000 BHP AHTS Swiber Torunn was shown on video...

January 4, 2016
Total Views: 8

Thursday, March 26, 2015
swiber offshore support vessel

Swiber Gains Further Momentum Offshore India

Swiber, the Singapore-based offshore marine contractor, has reported continued success today with a series of new contracts worth USD $405.6 million.  $333 million of that will involve work offshore the...

March 26, 2015
Total Views: 1

Thursday, February 12, 2015
Daman india

ONGC Awards Swiber Major Contract to Build 8 New Offshore Gas Platforms

Singapore-based offshore energy construction contractor Swiber Holdings Ltd reported today their second largest contract ever from India’s Oil and Natural Gas Corporation Ltd. (ONGC). The $310 million contract involves the Engineering, Procurement, Construction,...

February 12, 2015
Total Views: 42

Sunday, June 1, 2014

Swiber Wins Subsea EPIC Contract Off Latin America

Swiber, the Singapore-based offshore contractor announced today the winning of a USD $80 million Engineering, Procurement, Installation and Construction (EPIC) contract offshore in Latin America for subsea development work including...

June 1, 2014
Total Views: 1

Monday, April 28, 2014

Swiber Incorporates New Mexico-Based Subsidiary

Swiber International Pte. Ltd. and Swiber Offshore Construction Pte. Ltd. announced on 25 April the incorporation of a new wholly-owned subsidiary in Mexico, known as Tuscan Marine, S.A. de C.V....

April 28, 2014
Total Views: 0

Sunday, February 2, 2014
swiber offshore support vessel

Swiber Starts the Week with $235 Million in New Contracts

Swiber Holdings, the Singapore-listed offshore industry contractor has kicked off the week with an announcement today of a series of 5 contract wins worth approximately US$235 million. The contracts are spread...

February 2, 2014
Total Views: 0

Monday, August 5, 2013

Swiber Finds Funding On New Islamic Bond Market

(Reuters) A debut Singapore dollar sukuk from offshore marine services company Swiber has introduced a new group of Islamic investors to the city’s capital markets. Almost half of the 150 million...

August 5, 2013
Total Views: 0

Sunday, July 28, 2013

Swiber Wins $435 Million in Offshore Construction Contracts

Swiber, a Singapore-based offshore construction firm announced today it has signed contracts worth approximately USD $435 million, plus $105 million in additional contracts under a Swiber Group joint venture company....

July 28, 2013
Total Views: 2