COLUMN | Sale of the century: Tidewater buys Swire Pacific Offshore [Offshore Accounts]
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....
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....
Swire Pacific, through subsidiary Banyan Overseas, has entered into a sale and purchase agreement with US-based company Tidewater for the sale of a...
The National Transportation Safety Board (NTSB) found that a captain’s assumption and poor communication led to a collision between an offshore...
The installation, maintenance, and subsea acquisition segments are the ones now benefiting from recently awarded charters. These contracts will see...
Authorities in Norway have reported that one person has died as a result of a capsizing incident involving a foreign-flagged fishing vessel off the...
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...
Best OSV – AHTS – Sayan Prince – Tersan Shipyard Tersan is becoming increasingly well-known and respected for the quality of the powerful fishing,...
Asian companies have taken a battering in the offshore industry downturn. Singapore’s Ezion and Ezra have gone into liquidation, Malaysian OSV builder...
India’s Central Bureau of Investigation (CBI) has launched a probe into incidences of fraud that were allegedly committed by a local private shipbuilder...
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