Seacor Marine is a survivor. Most of its supply vessel-owning peers in America and internationally went bust in the extended industry downturn from 2015 to 2021, and were ..
Tag: Swire Pacific Offshore
After last week’s review of the Tullow/Capricorn merger, and the news that Shell and its partners are proceeding with the Crux project to provide new offshore gas for e ..
Swire Pacific, through subsidiary Banyan Overseas, has entered into a sale and purchase agreement with US-based company Tidewater for the sale of a 100 per cent interest ..
The Ukraine war rumbles on, with Russian seafarers and oilfield workers now in danger of being drafted into president Putin’s meat-grinder of death and mayhem in Donbas ..
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 ..
Last week (here) we looked at the impact of the horrific Russian invasion of Ukraine. Brent crude closed on Friday at US$118 per barrel. Russian artillery and missiles po ..
We highlighted last week (here) that Middle Eastern demand is running red hot for jackups, and that prices have now passed the US$100 million per rig mark again. Thus, we ..
Tidewater has bought Swire Pacific Offshore for US$190 million, as we reported here. The deal will close in a few months, and the Swire fleet was debt-free. The transacti ..
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 ..
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Baird Maritime, launched in 1978, is one of the world's premier maritime publishing houses.
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