The last few years have been a “difficult period” for Norwegian shipowners, especially since the oil price collapse that began in 2014, admitted Harald Solberg, ceo of the Norwegian Shipowners’ Association (NSA), at the body’s traditional...
Mexican President Andrés Manuel Lopez Obrador, gave the "go-ahead’"on 2 June for the land reclamation associated with the new PEMEX (Petroleos Mexicanos) refinery in Dos Bocas, Tabasco.
Prosafe and Floatel International have entered into a merger agreement to create a bigger company to ride through the prolonged industry downturn and challenging operating landscape for offshore accommodation.
Boskalis Subsea Services has sealed a clutch of contracts worth in excess of GBP100m ($126m) for subsea jobs in the North Sea over the last six months.
When it comes to Asia and ship management the cities of Hong Kong or Singapore are most likely to spring to mind, not Bangkok. However, the Thai capital is home to Highland Maritime, which since 2010 has been growing itself a nice little business...
Luxembourg-headquartered Jan De Nul Group has booked an offshore jackup installation vessel at China’s Cosco Shipping Heavy Industry.
Embattled Swiber Group has survived a liquidation scenario after its creditors voted on 29 May in favour of implementing a restructuring with equity investment from New York-listed Seaspan Corporation.
OSV operator MMA Offshore has projected an improved fleet utilisation for the remainder of this year as it has clinched a number of vessel contract extensions on the back of a recovering offshore vessel market.
Malaysia’s Nam Cheong has clinched long term chartering contracts worth MYR130m ($32m), including options, for one PSV and two AHTS vessels to service oil majors in Malaysian waters.
Continuing an occasional feature taking an anecdotal look at the state of the offshore marine sector based on activity in the Johor Strait/River area this weekend we saw the Malaysian jack-up rig Velesto Naga 2 being towed out for its new charter...