US-listed drillship company has support of banks for move into bankruptcy court protection
John Fredriksen-backed Seadrill Partners files for Chapter 11 restructuring Read More »
LNG and LPG gain traction as transitional bunkering options while shipping pursues zero-carbon goal
Clarksons reveals 27% of orderbook to use alternative fuels Read More »
Financial costs reduced after Saevik company sealed refinancing deal in the summer
Debt restructuring puts Havila Shipping back in the black Read More »
With prospects flat for next year, offshore operators claim that Middle East clients want to sign contracts for 2022 and beyond at low rates
Middle East oil majors ‘trying to lock in Covid-19 desperation prices’ Read More »
Norwegian prosecutors are ‘satisfied’ with a six-month sentence for shipowner Georg Eide in a high-profile scrapping case
Norway jails shipowner with ‘first ever’ prison sentence for beaching scrap sale Read More »