PSV rates quadruple in North Sea
Daily earnings hit $29,000 as tonnage supply remains tight.
PSV rates quadruple in North Sea Read More »
offshore
Japan Drilling Co seeks court protection
Tokyo court issues temporary restraining order to prohibit repayments as firm looks to restructure.
Japan Drilling Co seeks court protection Read More »
Hyundai Heavy cuts third of its offshore executives
World’s largest shipbuilder reacts to competition from Chinese and Singaporean rivals.
Hyundai Heavy cuts third of its offshore executives Read More »
Impairments push Pacific Radiance to major loss
But Singapore offshore vessel operator says market recovery is “in sight and worst is likely behind us”.
Impairments push Pacific Radiance to major loss Read More »