Key players sign off on OSV sector mega merger
MARCH 24, 2017 — The major players have now signed off on the statutory next step in the plans that will see Solstad Offshore ASA, Farstad Shipping ASA and Deep Sea Supply
Offshore
Central Gulf sale attracts $274.8 million in high bids
MARCH 22, 2017 — U.S. Secretary of the Interior Ryan Zinke today announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico attracted $274,797,434 in high bids
Borr to take over Transocean jack-up newbuild contracts
MARCH 21, 2017 — With the approval of Transocean, Keppel FELS Limited has reached a preliminary agreement with Borr Drilling Limited of Bermuda (Borr Drilling) that will see the construction contracts for
Ezra Holdings files for Chapter 11 bankruptcy
MARCH 19, 2017 — The Board of Singapore based Ezra Holdings Limited says that on March 18, the company, together with its wholly-owned subsidiaries, EMAS IT Solutions Pte Ltd and Ezra Marine
ABS and industry experts tackle MODU safety issues
MARCH 15, 2017 — More than 50 participants, including delegates from major owners, designers, shipyards and ABS technical representatives, provided input at the recent ABS Special Committee Meeting on the class society’s
VT Halter to Ezra: Pay $3.2 million or face winding up
MARCH 10, 2017 — Singapore based Ezra Holdings Limited reports that it has received a statutory demand from shipbuilder VT Halter Marine for payment of a sum of US$3,207,663.36 together with accruing
Bourbon lenders agree extension of debt maturities
MARCH 9, 2017 — Paris headquartered offshore services provider Bourbon reports that it has signed an agreement with its financial partners providing for the rescheduling of the maturities of a large part
Six new Fast Supply Vessels delivered for Brazil
MARCH 8, 2017—The final six in a series of twelve 48m DP-1 monohull Fast Supply Vessels (FSVs) were recently delivered by Brazilian shipyard ETP Engenharia for operation in Brazil, according to the
VesselsValue: 2017 to see record OSV deliveries
MARCH 8, 2017 — Figures from VesselsValue indicate that the oversupply of vessels in the offshore services industry is set to get a lot worse. VesselsValue says that 2017 will be a
VIDEO: Ulstein delivers second wind service vessel
MARCH 5, 2017 — Norway’s Ulstein Group has delivered the second of two SX 175 design wind farm service vessels built for Hamburg based shipping company Bernhard Schulte and Beijing based financial