The shrinking of the European offshore vessel fleet is continuing with both geographical and sectoral shifts
North Sea exodus continues as DOF, Solstad and Siem sell and redeploy OSVs Read More »
Norwegian shipowner is more optimistic for the summer season, as Shearwater Geoservices also announces new work
Seismic shift seen for survey vessel owners as PGS reactivates pair Read More »
John Fredriksen-backed group says markets remain tough as it faces up to second Chapter 11 restructuring
Scrapping likely as impairments push struggling Seadrill to $4.66bn loss Read More »
Norwegian CEO says newcomers can drive down rates with their low capex costs
Siem Offshore’s Omdal warns banks over distressed OSV sales in race to bottom Read More »
Norwegian shipowner’s chief executive maintains discipline to avoid chartering hangover in the future
No regrets: OHT’s Ramstad will not chase wind contracts at low rates Read More »