Siem Offshore calls for mergers as rivals take ‘unsustainable’ rates
Norwegian offshore vessel owner says consolidation is vital for sector, with no recovery in sight
Siem Offshore calls for mergers as rivals take ‘unsustainable’ rates Read More »
offshore
Pareto auctioning OSV duo as banks seek to recover $267m
Construction ships linked to Singapore’s Coastline Maritime are to be sold in the US in December
Pareto auctioning OSV duo as banks seek to recover $267m Read More »
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 »
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 »