Ultra Deep Solutions (UDS), the Singapore based commercial diving company, formerly boasted of operating five of the shiniest and most prestigious dive support vessels (D ..
Tag: Swiber Holdings
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 inve ..
You don’t get to be Malaysia’s richest man, worth anywhere from US$12 billion (according to Forbes) to over $18 billion (according to Bloomberg), by buying high and s ..
Asian companies have taken a battering in the offshore industry downturn. Singapore’s Ezion and Ezra have gone into liquidation, Malaysian OSV builder and owner Nam Che ..
The Pacific Radiance/Allianz deal has been going on for nearly five months now, since the troubled Singapore-based offshore player announced on Thursday, August 22, that ..
Singapore-based Kim Heng Offshore & Marine Holdings has secured a one-year charter for two anchor handling tug supply (AHTS) vessels.
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Everyone makes mistakes, and in the good times they can be concealed amid the optimism of a boom. In the bad times, however, they are harder to hide. This week we look at ..
Since the offshore market was plunged into crisis in late 2014, the industry has battled to survive. Hundreds of thousands have lost their jobs, hundreds of vessels have ..
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