Reach Subsea buys its first ship for $29m to secure offshore capacity
Norwegian operator strikes deal with Ostensjo Rederi for the Edda Sun
Reach Subsea buys its first ship for $29m to secure offshore capacity Read More »
offshore
Keppel pockets $160m from sale of first of ex-Tor Olav Troim rigs
Singapore yard group says delivery of rig will reduce its financial exposure to the legacy assets
Keppel pockets $160m from sale of first of ex-Tor Olav Troim rigs Read More »
Improving offshore market helps Marco Polo Marine boost profit by 20%
Singapore-listed company’s performance also boosted by acquisitions in Indonesia and Taiwan
Improving offshore market helps Marco Polo Marine boost profit by 20% Read More »
Buyers ease back on newbuilding volume but not on value in 2022
LNG carriers overtake container ships in tonnage terms as shipbuilding market hits record order spree
Buyers ease back on newbuilding volume but not on value in 2022 Read More »
Shipyards face ‘bumpy’ ride in 2023 as economic, capacity and labour issues loom
Market players are mystified by the lack of tanker orders but demand from LNG, container ship and offshore energy sectors is expected to keep yards busy
Shipyards face ‘bumpy’ ride in 2023 as economic, capacity and labour issues loom Read More »