DNB’s shipping book shrinks $170m as offshore remains a problem
However, overall impairments down at Norwegian lender as shipping prospects improve
DNB’s shipping book shrinks $170m as offshore remains a problem Read More »
offshore
Blacklisted aframax heads to Venezuelan FSO for lightering operation
PDVSA tanker will take some of the crude off vessel viewed as an environmental disaster waiting to happen
Blacklisted aframax heads to Venezuelan FSO for lightering operation Read More »
Pacific Drilling fails in bid to get Zonda arbitration decision overturned
US-listed deepwater driller also said to be facing further financial turmoil after missing interest payments
Pacific Drilling fails in bid to get Zonda arbitration decision overturned Read More »
New beginning: Rokke and Fredriksen buy Solstad shares as $2bn debt deal approved
CEO Lars Peder Solstad rewarded with stock for guiding company through lengthy restructuring in offshore slump
New beginning: Rokke and Fredriksen buy Solstad shares as $2bn debt deal approved Read More »
Havyard creditors vote for 75% haircut on claims
Norwegian shipbuilder wins approval for settlement of debts as part of Havyard Ship Technology bankruptcy case
Havyard creditors vote for 75% haircut on claims Read More »