No sooner had we written last week’s article on the stream of new building commissioning service operation vessels (CSOVs) by Edda Wind and North Star Shipping than Pur ..
Tag: Cayman Islands
Every child knows that it is best if their parents pay for stuff. Even big, grown-up companies like it when governments play mum and dad, and hand them cash. This week we ..
Avenir LNG has confirmed that its newest LNG bunkering vessel, Avenir Allegiance, has been launched into the water for the first time. Built by CIMC Sinopacific Offshore ..
A year ago we were reporting on the crisis at Saipem. The company’s shares had crashed and the CEO was on his way out as the company racked up over a billion dollars of ..
Spanish shipyard Armon has delivered a new yacht support catamaran vessel. Custom-designed in compliance to Lloyd’s Register class rules, the all-aluminium Wayfinde ..
Another Christmas Eve, another frantic effort from a struggling Norwegian offshore contractor to cobble together a deal with its creditors before the end of the year. A y ..
It’s the biggest offshore rig deal of 2022, and it is the most confusing by far. The complexities of the deal scream out why more transparency is needed in corporate di ..
Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..
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