Seatrium mulls legal action for ‘wrongful termination’ after AP Moller cancels $475m order
Deal is torn up with project 98.9% done
offshore
‘Disappointing’: Solstad Maritime issues profit warning amid weaker-than-expected offshore markets
Owner sees lower fleet utilisation and reduced margins
Trump authorised building of up to 11 ice breakers for security in the Arctic region
US shipyards will share construction with Finland
Oslo hedge fund exits Hafnia and Subsea 7 after ‘solid return’
Sissener Canopus cut stock market exposure in September
Rokke versus Sveaas: Accusations fly as ‘spectacular’ $20m shipping trial begins
Norwegian tycoons set to go head-to-head over 13 weeks following Solstad Offshore refinancing
Kjell Inge Rokke company fixes ship to Petrobras for $246m
Norwegian magnate’s AKOFS Santos will work as an MPSV in Brazil
Greek refiner contract spurs Vernicos Scafi to up Turkish tug orderbook
Long-term tanker terminal support business creates new opportunities for a string of tug operators
Greek refiner contract spurs Med Tugs to up Turkish orderbook
Long-term tanker terminal contracts open new opportunities for a string of tug operators
Evangelos Marinakis buys into Hayfin offshoot as he ramps up offshore ambitions
Greek owner moves into anchor-handlers through tie-up as he hands over PSV management to Leer-based operation
CMM sells $60m bond to expand fleet with ethanol newbuilds in $1.5bn deal
Dutch-Brazilian owner has ordered six PSVs for charter to Petrobras