Norway’s Borr Drilling plans to buy five new jack-up oil drilling rigs from an Asian shipyard for a total of $720 million, the company said on Tuesday.The company, founded by Norwegian investor Tor Olav Troeim and backed by oil service firm Schlumberge…
Borr Drilling to Buy Five Jack-up Rigs for $720 Mln Read More »
The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020.According …
New Online Tool Aids 2020 Sulfur Compliance Read More »
Thai-backed offshore ship operator expects offshore industry to be ‘dramatically improved’ as it registers a $6.18m loss for the first quarter.
Mermaid rosy on 2018 despite return to red Read More »
Greek owner cancels deal for five newbuildings after Korean yard files for receivership.
Kyklades pulls the plug on Sungdong aframaxes Read More »
Saudi Arabia based Bahri Group, one of the largest ship owners in the Middle East and the largest owner of very large crude carriers (VLCC) in the world, has opted for digital solutions from Singapore based MariApps Marine Solutions to help meet its sh…
Bahri Chooses Digital Strategic Partner Read More »