Singapore: Otto Marine's subsidiary Reflect Geophysical was unsuccessful in obtaining an order from the Singapore High Court for a short to medium term standstill of claims from its creditors.
Piraeus: V.Ships has signed a crewing contract with UAE seismic vessel operator Polarcus.
New Orleans: Transocean's guilty plea to a misdemeanour charge for its role in the Deepwater Horizon incident, which resulted in the death of 11 rig workers in 2010, was accepted…
Kuala Lumpur: Malaysia’s SapuraKencana Petroleum has moved a step closer to its planned $2.9bn purchase of Seadrill’s tender rig business with the two companies entering into a provisional sale and…
Bangkok: Mermaid Maritime has secured a five-month contract extension on accommodation barge in Indonesia.
Singapore: BH Global could lose up to S$10m ($8.07m) over a land agreement for a shipyard in Batam, Indonesia that went wrong, and other “irregular transactions”.