CFO Birgitte Johanssen says bank debt will still be needed, but won’t be drawn on how many vessels are planned
Reach Subsea has equity in place for new autonomous survey ships Read More »
Impairments written back as natural attrition whittles away the portfolio
Shipping and offshore loan books shrink $544m at Norway’s DNB Read More »
BW Cidade de Sao Vicente is on the way to Priya Blue Industries in India
BW Offshore banks $13m for 46-year-old FPSO in green scrap deal Read More »
Lender says some offshore companies are still struggling following pandemic hit
Sparebank 1 cuts offshore exposure as shipping lending rises Read More »
Not yet clear if biggest shareholder BW Group has snapped up the shares
Swire sells $34m of stock in Cadeler as its holding falls further Read More »