Eneti eyes up to $41m in new revenue from existing WTIV unit
Employment would begin in second quarter of 2024 at rates comparable to newer, larger units as wind market heats up
offshore
Thoresen Thai upbeat for rest of the year despite weak first quarter
Thai bulker and offshore owner confident of improving dry bulk and offshore markets
Seatrium’s ‘green’ pivot takes order backlog to over $15bn
Singapore group says renewables sector now accounts for close to 40% of its orderbook
Seatrium’s ‘green’ pivot takes order backlog to over $15bn
Singapore group says renewables sector now accounts for close to 40% of its orderbook
Opaque project in line to drive $750m into Subsea 7 coffers
Norwegian company’s contract backlog jumps over $10bn with low-profile project set to start in 2025
Siem Offshore seeing improvement while eyeing long-term deals for construction vessels
Kristian Siem-backed owner boasts improvements across the globe with room to run
Awilco Drilling drops Keppel Corp pursuit after rig newbuilding dispute
Oslo-listed rig owner sought to terminate newbuilding contract, setting off arbitration fight
Ifchor Galbraiths makes first buy with Norway’s Uno Offshore
New broking giant’s co-chief executive Bjorn Andersen says sector has ‘strong fundamentals and a positive outlook’
Consolidation question arises after Kristian Siem’s stakes in Solstad and DOF revealed
Tycoon’s investment in rival offshore shipowners remains low, but Siem Offshore is a believer in market unification
Tidewater returns to profit as rates ‘continued momentum’ during slowest quarter
Offshore vessel owner maintains revenue guidance of $1.03bn for 2023.a