UAE-based offshore support operator Stanford Marine has taken delivery of two new fast crewboats in a series built by sister company Grandweld Shipyards. Named Stanford P ..
Tag: Stanford Marine
SHUAA-led consortium successfully buys out AED1.13 billion debt of Dubai-based Stanford Marine Group
Asset management and investment banking platform SHUAA Capital has successfully completed a debt buyout of the AED1.13 billion (US$308 million) facility of UAE-based Stan ..
Last week we looked at the ongoing restructurings at DOF, Havila, Siem Offshore and Saipem. With judicious bail outs from shareholders and support from lenders, the oil a ..
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 ra ..
In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..
Last month we looked at the failure of South East Asian offshore and vessel owning companies to restructure and address the problems of the excessive debt which they buil ..
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Baird Maritime, launched in 1978, is one of the world's premier maritime publishing houses.
The company produces the leading maritime new portal BairdMaritime.com, home of the world famous Work Boat World, Fishing Boat World, Ship World, Ausmarine, and Commercial Mariner sub-sites, and the industry-leading ship brokerage platforms WorkBoatWorld.com and ShipWorld.com.
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