offshore

But Singapore offshore vessel operator faces important few days as bond restructuring vote nears.

Herbjorn Hansson-led owner slammed by triple whammy of skipped dividend, potential reverse split and quarterly losses.

Credit rating agency says US-based offshore vessel owner continues to ‘face weak market conditions and upcoming debt maturities.’

Thomas Tan-led offshore vessel owner secures contracts for offshore rig services and supply chain management segment.

Herbjorn Hansson’s offshoot company does not pay a quarterly dividend and cites higher-than-expected costs in bringing vessels out of layup.