Clarksons Platou Securities has begun coverage of Fred Olsen group holding company Bonheur with a buy rating. Head of research Turner Holm said: “While Bonheur shares have performed well in 2019, the repricing could gain a second wind in 2020 as growth picks up in many of its businesses.” He has a NOK 285 Source: http://www.tradewindsnews.com

Equinor has hired DeepOcean to provide subsea services for its assets in Norway next year, starting in the first quarter. During the nine-month contract, the Norwegian subsea services firm will perform inspection, repair and maintenance (IRM) work at Equinor’s assets on Source: http://www.tradewindsnews.com

Restructuring OSV owner Dof has bought out the other shareholder in its Dof Subsea subsidiary. The Norwegian company said it had paid NOK 20m ($2.2m) for the 35% stake in its subsea unit, taking its holding to 100%. The sellers were FR Dolphin Lux Holding and Dolphin Invest 2, both controlled by US-based fund First Reserve. “The acquisition is closely associated with the ongoing refinancing of Dof Subsea,” it said….

Indonesia’s Wintermar has fixed out two platform supply vessels (PSVs) for seven years each. The company said the unnamed ships will take cargo out to rigs for a major oil and gas company in eastern Indonesia. Sugiman Layanto, Wintermar’s managing director, said the Source: http://www.tradewindsnews.com

Regulatory delays are holding up a potential bonanza for European shipowners hoping to tap into the multibillion-dollar US offshore wind sector. An environmental impact statement decision on Spanish utility Iberdrola’s 84-turbine Vineyard Wind 1 off Martha’s Vineyard, Massachusetts, had been ­expected earlier this year, but it keeps being pushed back by the federal Bureau of Ocean Energy Management. Emily Huggins Jones, a specialist in the sector and a partner at…

The Kuok family has launched a bid to acquire all the outstanding shares in PACC Offshore Services Holding (POSH), one of Asia’s largest operators of offshore support vessels. The voluntary conditional cash offer is being undertaken by Quetzal Capital, a vehicle formed by Source: http://www.tradewindsnews.com

Seacor Marine is selling its North Sea emergency response vessel business to the UK’s North Star Shipping in a deal worth up to £23.5m ($30.3m). The New York-listed offshore player announced the 19-ship deal, expected to close in December, Friday morning. It will Source: http://www.tradewindsnews.com

Solstad Offshore has sold a laid-up platform supply vessel (PSV) and has agreed with bondholders to further postpone its debt payments. The Oslo-listed company has sold the 3,100-dwt Far Swift (built 2003) for an undisclosed amount to an unnamed buyer. VesselsValue.com Source: http://www.tradewindsnews.com

Two anchor-handlers owned by Solstad Offshore have won contracts at the Ichthys LNG development in Australia. Inpex Operations Australia has fixed the 24,000-bhp vessels Normand Scorpion (built 2009) and Normand Sirius (built 2014) on three-year contracts at an undisclosed rate. The two anchor Source: http://www.tradewindsnews.com

One of Dof’s anchor handlers has won a contract extension from Equinor Energy, while the shipowner works on securing long-term financing. The Norwegian state energy producer will keep the 35,024-bhp Skandi Vega (built 2008) on hire for another six months, Source: http://www.tradewindsnews.com