Axxis Geosolutions signs LOI for two-year contract
But the ocean-bottom node survey company did not reveal in which region work would take place or for whom.
Axxis Geosolutions signs LOI for two-year contract Read More »
offshore
K Line Offshore promotes CFO Petter Nordby to top job
Move comes after K Line-controlled Norwegian offshore vessel company reports deeper loss
K Line Offshore promotes CFO Petter Nordby to top job Read More »
POSH Terasea hit by second loan default
Lender could call in receiver for two vessels as JV says it owes $7.1m under facility.
POSH Terasea hit by second loan default Read More »
‘Prolonged’ OSV weakness led to POSH Terasea default
Singapore’s Ezion Holdings says tough markets are to blame for financial trouble at JV
‘Prolonged’ OSV weakness led to POSH Terasea default Read More »
POSH facing $42m impairment as JV defaults
Singapore owner could not reach agreement with Terasea over new financing.
POSH facing $42m impairment as JV defaults Read More »