Bank approved Siem Offshore revamp includes AHTS spin-off
AUGUST 19, 2016 — Oslo-listed Siem Offshore Inc. reports that it has received approval from all of its financing banks for a financial platform to position the company for what it calls
AUGUST 19, 2016 — Oslo-listed Siem Offshore Inc. reports that it has received approval from all of its financing banks for a financial platform to position the company for what it calls
MAY 19, 2016—The first of four Ulstein SX157 design ultra-long distance towing and anchor handling vessels was named ALP Striker in a shipyard ceremony last week. The four vessels, each with a
MARCH 4, 2016 — Norway’s Farstad Shipping has sold another vessel — and booked another loss on the transaction. This time around, the vessel sold was the 1991-built, 73.6 m AHTS Far
FEBRUARY 12, 2016 — Japan’s shipbuilder Mitsui Engineering & Shipbuilding Co., Ltd. (MES) is facing a $95 million loss on the four 306 ton bollard pull Ulstein SX157 design ocean going AHTS
Designed by ECO’s North American Shipbuilding, Larose, LA, the vessels were to be built to Polar Class 3, equipped to operate in arctic waters with air temperature down to minus 40 degrees Celsius.
The reported Chouest cancelation of the pair comes in the wake of Shell’s recent decision to halt its operations offshore Alaska for the “foreseeable future.”
Delivery of first Arctic AHTS from LaShip shipyard had been slated for end 2016.
APRIL 21, 2015 — Wärtsilä is using this week’s Sea Asia event in Singapore to launch a new series of AHTS (Anchor Handling Tug Supply) vessel designs that put the focus on
MARCH 4, 2015 — Rolls-Royce has been awarded a ship equipment contract worth about $30 million by Edison Chouest Offshore (ECO). The contract covers the supply of azimuth main propulsion, propulsion control
FEBRUARY 17, 2015 — Norway’s DOF ASA reports that Brazilian subsidiary Norskan Offshore Ltda. has agreed the sale of five ships to companies owned by a Brazilian private equity fund managed by
FEBRUARY 13, 2015 — Rederi AB Transatlantic says that its Copenhagen, Denmark, headquartered Viking Supply Ships A/S business will close down its Aberdeen, Scotland, office with effect from July 1, 2015. Viking
DECEMBER 29, 2014 — Singapore based Otto Marine says it has strengthened its balance sheet with a $100 million AHTS sale and leaseback deal. The group’s shipyard division has sold the VS