Industry Sectors:Offshore

Offshore

The auditor of distressed Marco Polo Marine has cast “significant doubt” on the ability of the company to continue as a going concern in view of its net liabilities and…
The drive towards consolidation in Malaysia's oil and gas industry may have been give some impetus with a clear statement from state fund management company Permodalan Nasional Bhd (PNB) that…
UAE-rig builder Lamprell has delivered its seventh jack-up rig to Abu Dhabi’s National Drilling Co (NDC).
Be it be in shipping, the economy or politics 2016 has been a tumultuous year. Seatrade Maritime News takes a look back at the year and top stories in the…
Indonesian shipping company Humpuss Intermoda Transportasi has set aside $130m for capital expenditure next year to buy eight new vessels, local media reported.
Yinson Holdings saw third quarter net profit fall 26% to MYR63.1m ($14.1m) from MYR85.7m in the previous corresponding period, although revenue rose MYR127.9m from MYR110.7m previously.
Malaysian offshore services company TAS Offshore is selling a landing craft for MYR17.3m ($3.9m), it said in a stock market announcement.
Singapore’s EMAS Offshore Limited has updated that its contracts for charters secured between 1 June to 30 November this year have amounted to approximately $93m including options.
China Oilfield Services Limited (COSL) has filed a civil action against Norway’s Statoil over the termination of a rig chartering contract.
Italian shipbuilder Fincantieri has received recommendation from independent financial adviser KPMG Corporate Finance to take Singapore-listed Vard Holdings private.