The latest succession of offshore vessel charters are mainly for construction, supply, and maintenance projects with various clients in the North Sea, Africa, South ..
Tag: Bourbon Offshore
On September 26, 2019, the anchor handling tug Bourbon Rhode sank whilst sailing through the middle of Hurricane Lorenzo in the Atlantic whilst en route from a drydocking ..
As the oil price continued its recovery above the key US$40 per barrel price, many offshore players have been busy adopting the age-old strategy of “extend and ..
Boat and rig prices fall. Oil and gas producers buy boats and rigs because they are so cheap. Oil and gas producers own and operate the cheap boats and rigs themselves ..
In Part One (here) we looked at how the biggest names in the offshore sector, Tidewater and Bourbon have drastically shrunk their fleets in the face of pressure from ..
Even in the depths of the current Covid-19 and oil glut caused global depression, we still learn of the occasional order for or launching of new offshore service vessels ..
“Batteries not included” are words that have ruined a million Christmases. Increasingly, however, containerised, lithium-ion battery packs are now included on OSVs to ..
King Julien, the Lemur leader in the cartoon franchise Madagascar, would be delighted. The ring-tailed primate famously liked to “move it, move it” (here). At last, ..
It is often hard to untangle luck from business genius, and coincidence from strategy. In 2013, Italian owner Rimorchiatori Riuniti’s offshore unit Finarge ordered a ..
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