Island Offshore

Kawasaki Heavy cancels Island Offshore order

JUNE 27, 2017 — Japanese shipbuilder Kawasaki Heavy Industries has canceled an offshore vessel order placed in 2014 (see earlier story) by Island Offshore, in which the Chouest and Ulstein families are

Island Offshore to restructure finances

NOVEMBER 15, 2016 — The Island Offshore group, which is majority owned by the Ulstein and Chouest families, is taking steps to restructure its financing. An Oslo Stock Exchange announcement today says: