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Offshore

Singapore: Singapore's offshore vessels shipbuilder Otto Marine managed to land a deal to build two anchor handling tug supply (AHTS) vessels after an order drought of nearly two years.
Oslo: Harsh environment offshore shipowner GC Rieber Shipping ASA has agreed a charter with Ceona Services (UK) Ltd for its subsea newbuilding, currently under construction at Ulstein Verft.
New York: Fourth quarter losses at Greek-owned Dryships Inc. reached $129.8m as operating costs rose sharply year on year.
Paris: Offshore services provider Bourbon announced a sharp jump in income and profits for 2012 as the French giant benefitted from the strong fundamentals of the offshore sector.
Colombo: Sri Lanka-based Colombo Dockyard reaped profits in 2012 as it benefitted from higher margins from the construction of offshore support vessels (OSVs).
Oslo: Following the sale of a 50.75% stake to Italian shipbuilder Fincantieri, the STX OSV group of companies has been rebranded as VARD, from the Norwegian “varde” meaning a small…
Singapore: London Offshore Consultants (LOC) has established a new office in Vietnam, signalling increased expansion in the Asia Pacific region.
Oslo: Offshore deepwater drilling company Seadrill has exercised options for two further jack-up rigs at Dalian Shipbuilding Industry Offshore Co Ltd (DSIC Offshore).
Oslo: Oslo-listed Dolphin Geophysical a two-year-old seismic research company expects its market share to double by 2015.
Dubai: Dubai-based Grandweld has landed a $50m contract to design and build four crane/workboat vessels for Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation. The deal,…
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