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Bourbon Advises of General Waiver Renewal with Lenders

Jan 03, 2019

Bourbon has announced the renewal of the general waiver with its leasers and debt holders representing the majority of the group’s debt, thus allowing it to suspend the payments of its loans and debt.According to Bourbon, the waiver allows it to stay focused on its operational priorities…

Swissco Sells Vessels to Allianz Middle East

Dec 09, 2018

Singapore’s Swissco Holdings, currently under judicial management, announced that it is disposing of a substantial part of its offshore support vessels division, which is expected to help reduce the group's liabilities.UAE's Allianz Middle East…

Fred. Olsen Windcarrier Installs 400th Wind Turbine

Nov 26, 2018

Denmark-based offshore wind farms service provider Fred. Olsen Windcarrier has marked a milestone in offshore wind turbine installation as it installed the 400th unit.The turbine has been installed at Vattenfall’s Horns Rev 3 offshore wind farm in Denmark using the jack-up vessel Brave Tern…

DEME Launches Orion

Nov 23, 2018

Belgian offshore vessel owner DEME has launched its next generation, giant new offshore installation vessel ‘Orion’ in a ceremony at the COSCO Qidong shipyard in China. ‘Orion’ will feature an unrivalled combination of exceptionally high transport and load capacity…

Uptime International Bags Contracts for Gangway Supply

Nov 05, 2018

Norway’s Uptime International has entered into two new contracts with compatriot vessel provider Island Offshore.'Island Clipper has secured a three-year agreement with Equinor as combined PSV and walk to work vessel. The vessel will be equipped with battery package…

GC Rieber Bags 4-month Charter for Polar Queen

Nov 05, 2018

Norwegian shipping company GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV  Polar Queen for a fixed period of four months with options to extend by up to one month.A press note from the…

Wind Energy Marine Selects NSSLGlobal

Oct 30, 2018

NSSLGlobal signed a three-year contract with offshore support vessel provider Wind Energy Marine.The contract comprises the deployment of NSSLGlobal’s FusionIP VSAT terminal alongside its Oceanic Dynamics system aboard Wind Energy Marine’s new…

Bourbon Awarded Floating Wind Farm Work

Oct 22, 2018

Bourbon Subsea Services has been selected by Windplus to install three floating wind turbines of 8.3 MW, 20 km off Viana do Castelo, Portuguese coast. These turbines, with a total capacity of 25 MW, are the most powerful in the floating offshore wind industry…

Van Oord Bags Husky Energy's West White Rose Project

Oct 19, 2018

Dutch offshore and dredging services specialist Van Oord has been awarded the contract to carry out offshore installation works for the West White Rose Project of the east coast of Newfoundland, Canada.The project will give Canadian oil company…

Gulf Marine Services Bags New Contract

Oct 17, 2018

UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, said it secured a new contract for one of its Small Class vessels.The new charter…

Offshore Drillers Eye Recovery by 2020

Oct 15, 2018

Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude selling for more than $80 a barrel and some are forecasting a full turn in the market by 2020…

DOF Bags Contract Extension in Brazil

Oct 08, 2018

Norwegian supply shipping company DOF ASA said its vessel Skandi Hav has been granted a 226-day extension by Petrobras in support of work offshore Brazil.The 1983-built Skandi Hav is now secured firm until June 8, 2019.The vessel is currently…

Boskalis Wins Subsea Contract at Tyra Gas Field

Oct 04, 2018

Royal Boskalis Westminster N.V. has been awarded the Tyra Redevelopment Subsea Installation Phase II contract by Total E&P Denmark.The sizable contract includes subsea engineering, procurement, fabrication and installation for the Tyra Redevelopment…

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