Bassoe: Shipyards face $15.2bn loss on orphaned rig newbuildings
Norwegian broker says yards may finally have to bite the bullet on rigs with ‘nowhere to go’
Bassoe: Shipyards face $15.2bn loss on orphaned rig newbuildings Read More »
offshore
Cleaves suspends Scorpio Bulkers coverage as Jefferies cuts estimates
Shift from bulkers to wind-farm vessels causing a stir among analysts
Cleaves suspends Scorpio Bulkers coverage as Jefferies cuts estimates Read More »
ICBC cuts price of PSV quartet again but ships may never sell
One broking source believes there are heavy factors weighing against a successful auction in China
ICBC cuts price of PSV quartet again but ships may never sell Read More »
Two dead after Malaysian OSV collides with Petronas oil platform
Ship’s anchor cable breaks before crash with platform, with more than 100 jumping overboard
Two dead after Malaysian OSV collides with Petronas oil platform Read More »
Controversial suezmax changes hands in off-market bargain sale
A tanker that spent years under arrest in Rotterdam has been quietly sold to its technical manager for a fraction of its scrap value
Controversial suezmax changes hands in off-market bargain sale Read More »