Hornblower Group announced on Wednesday it has acquired two offshore vessels: the Seaward Explorer and Seaward Endeavor, previously the California Responder and Pacific Responder, respectively. Seaward Services, Inc. (SSI), part of the Hornblower Group of maritime businesses…
Oslo-listed offshore energy investment firm Standard Drilling announced it has sold the platform supply vessel Standard Princess for $10.3 million.The Cyprus-headquartered company said Wednesday it completed the transaction after announcing a memorandum of agreement to sell the vessel in November…
Offshore Support and Logistics Services Company (OFCO – Offshore International), the integrated maritime logistics service provider that is jointly owned by Allianz Marine & Logistics Services (AMLS) and SAFEEN, Abu Dhabi Ports’ marine services arm…
CWind, a provider of project services and crew transfer vessels (CTV) to the offshore wind industry, reports it has completed the sale of its CTV Endeavour to Wood Marine, a port services operator based in Suffolk, U.K.According to CWind, part of the Global Marine Group (GMG)…
Oslo-listed offshore vessel owner GC Rieber Shipping has agreed to sell the Polar King inspection maintenance and repair vessel to an unnamed buyer.Due to the sale, an impairment of approximately USD 5 million for Polar King is expected to be recognized as per 30…
Norway's offshore service vessels (OSVs) supplier Solstad Offshore and its creditors have agreed on a draft restructuring plan, which includes converting 10 billion crowns ($962.17 million) of debt into equity, the company said on Tuesday.The large majority of stakeholders…
Singapore’s troubled liftboat operator Ezion Holdings has signed a memorandum of agreement to sell its offshore vessel Teras Genesis to the offshore and maritime chartering and brokerage company Astro Offshore.Ezion, in an attempt to reduce cash burn and shift focus to liftboats…
Cyprus-based company active in the oil and gas industry S.D Standard Drilling signed Memorandum of Agreement (MoA) to sell one large Norwegian built Platform Supply Vessel (PSV), Standard Supporter for USD 15 million.The transaction was completed yesterday (10 December 2019)…
Norwegian offshore vessel owning company Standard Drilling has agreed to sell Standard Supporter, a large Norwegian built platform supply vessels (PSV) through its wholly owned subsidiary Standard Supporter AS.The Vessel is a large PSV, built at STX Brevik…
OOS Energy, an offshore service provider from the Netherlands and part of the OOS Group, said that its onshore and offshore management teams took over the Ships Management of the Semi-Submersible Drillship ODN DELBA III.Upon completion of the handover…
Norwegian offshore service and supply ship shipping company Solstad Offshore said that its wholly owned subsidiary Farstad Supply AS has sold the platform supply vessel (PSV) Far Swift.Delivery of the 2003-built vessel to the new owner took place October 31st…
Norwegian offshore support vessels company Simon Mokster Rederi said that it has sold the 3,000-dwt platform supply vessel (PSV) Stril Neptun to Greek interest for work outside the offshore shipping segment.Stril Neptun was delivered back in…
Norwegian offshore vessel owner Solstad Offshore said that its wholly owned subsidiary Farstad Marine has sold one of its anchor handling tug supply (AHTS) vessels.'Farstad Marine has sold the 16304-hp, 2002-built anchor handling tug supply vessel Far Saltire…
Malaysian oilfield services company Bumi Armada Bhd has found a buyer for its floating production storage and offloading (FPSO) vessel Armada Perdana in Nigerian company Century Energy Services (CESL) for RM167.17 million ($40 million).Kuala…