Torm falls to a bigger loss but unlocks more cash with sale-and-leaseback deals
Nine tankers will be refinanced through deals with a Chinese institution
Torm falls to a bigger loss but unlocks more cash with sale-and-leaseback deals Read More »
November 2021
Berg teams up with Yaskawa/The Switch for electric propulsion
Berg Propulsion has signed a key supplier and cooperation agreement with Yaskawa Environmental Energy/The Switch to accelerate drive into electric propulsion.
The post Berg teams up with Yaskawa/The Switch for electric propulsion appeared first on Offs…
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Two Saudi players team up, aiming to be one of the world’s most competitive OSV builders
IMI has signed a long-term agreement with Zamil Offshore for the delivery of OSV building and MRO services in Saudi Arabia.
The post Two Saudi players team up, aiming to be one of the world’s most competitive OSV builders appeared first on Offshore Ene…
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‘Progress’ on $2bn DOF refinancing but rebel shareholders grow in power
Minority group controls 30% and could yet throw spanner in the works of long-term restructuring deal
‘Progress’ on $2bn DOF refinancing but rebel shareholders grow in power Read More »
First Subsea opens dedicated CPS production facility
First Subsea has opened a dedicated production facility for cable protection systems (CPSs) in Lancaster, UK, in order to meet the demand from the offshore wind market.
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