Siem Offshore calls for mergers as rivals take ‘unsustainable’ rates
Norwegian offshore vessel owner says consolidation is vital for sector, with no recovery in sight
Siem Offshore calls for mergers as rivals take ‘unsustainable’ rates Read More »
Finance
Pareto auctioning OSV duo as banks seek to recover $267m
Construction ships linked to Singapore’s Coastline Maritime are to be sold in the US in December
Pareto auctioning OSV duo as banks seek to recover $267m Read More »
Pareto Bank’s shipping book reduced but loan losses also down
Niche Norwegian shipping lender hunting for new business as it remains unscathed by pandemic
Pareto Bank’s shipping book reduced but loan losses also down Read More »
Hunter Group plans shareholder payout as it confirms VLCC sales
Norwegian shipowner says it has agreed to offload two tankers for a combined $168.4m
Hunter Group plans shareholder payout as it confirms VLCC sales Read More »
The shipping dollar called — and it was ringing from an Oslo number
While nobody was paying attention, the foreign exchange has made Norway a bargain for global shipping businesses
The shipping dollar called — and it was ringing from an Oslo number Read More »