Offshore

Beleaguered ASL Marine has updated shareholders that its bank creditors have continued to lend their support despite the breach of one covenant, and sought to allay an insolvency concern raised…
H.E. Eng. Hessa Al Malek, Executive Director for Maritime Sector, Federal Transport Authority - Land & Marine UAE was announced as Seatrade Personality of the Year 2017 during the prestigious…
EMS Maritime Offshore has returned to Strategic Marine with an order for a windfarm support vessel.
Yinson Holdings has raised $100m from a perpetual bond issue through its Yinson Juniper unit under its $500m multi-currency perpetual securities programme, the FPSO player said in a stock market…
Singapore is seeking to become a debt restructuring centre alongside New York and London with changes to its Scheme of Arrangement system to make it closer to US Chapter 11…
Sembcorp Marine (Sembmarine) is selling nine jack-up rig newbuilds, including six from cancelled contracts, to Borr Drilling for $1.3bn.
Maersk Drilling has reactivated a semi-submersible for work in Southeast Asia following a new contract awarded by JX Nippon for a duration of an estimated 30 days.
Drydocks World has won two contracts with Bluewater Energy Services for the FPSO Aoka Mizu.
Singapore’s Keppel Offshore & Marine (Keppel O&M) announced on Thursday that its wholly-owned Keppel Shipyard has secured a contract to convert a VLCC into an FPSO for SBM Offshore.
Sembcorp Marine’s wholly-owned PPL Shipyard has terminated three contracts with Integradora de Servicios Petroleros Oro Negro, SAPI de CV and its subsidiary Oro Negro Vastus for three jack-up rigs.
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