The total consideration for the sale of GNL is US$59.7 million (approximately S$77.4 million1). This accretive divestment is in line with the Group’s strategic intent to divest non-core assets to ...

Crane specialist Huisman has signed a contract with Greek shipowner Capital Offshore for the delivery of four Knuckle Boom Cranes, which will be fitted on new platform supply vessels (PSVs).The cranes ...

Seatrium Limited has announced that it has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading ...

Tidewater (NYSE:TDW) announced a definitive agreement to purchase 37 of Solstad Offshore platform supply vessels for $577M which will strengthen its presence as a high-specification PSV operator. The ...

Aker Yards, via its wholly owned subsidiary Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755L platform supply vessel. Aker Yards, via ...

The latest update is out from Seatrium Limited ( (SG:5E2) ).

Sale supports focus on core operations and capital efficiency. Seatrium Limited said it will sell its indirect wholly owned ...

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Equinor ASA (EQNR), the Norwegian state-owned energy giant, has exercised an option to keep two DOF Group platform supply vessels, Skandi Flora and Skandi Mongstad, in active service through October ...

Keppel Singmarine Pte has secured a repeat contract from Greatship Global Offshore Services Pte to build two platform supply vessels. Keppel Singmarine Pte, a wholly owned subsidiary of Keppel ...

HOUSTON-- (BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced a definitive agreement to purchase 37 of Solstad Offshore ASA’s (“SOFF”) platform supply vessels (“PSV”) for $577 ...

Quintin Kneen, Tidewater’s President and Chief Executive Officer, commented, “This agreement to acquire 37 PSVs from Solstad Offshore marks yet another important milestone in the strengthening of ...