UK offshore ship charterer Petrofac enters administration
UK group says it is business as usual as restructuring solutions sought
offshore
Video: ‘Drugs mothership’ stormed by police in cocaine heist
Vessel’s crew arrested in operation off the coast of the Canary Islands after US tip-off
Video: ‘Drugs mothership’ stormed by police in cocaine raid
Crew arrested in operation off Canary Islands after US tip-off
Hanwha Ocean expects LNG carrier sales to be key contributor to profit in 2025
Shipbuilder is bullish on VLCCs and container ships but trade tensions and IMO delay are disrupting factors
Chinese bank ready to auction off 10 Bourbon ships worth $155m
Starting bids likely to be lower than market values as lender follows up earlier 17 sales
Otto Candies snaps up $360m multipurpose support fleet from US rival
Harvey Gulf sells four ships to expanding US company
Chinese lender ICBC closes ‘difficult’ auction of 12 laid-up Bourbon vessels
Ships were priced low on auction site due to costs of bringing them back into service
Clarksons brokers say new shipping players boosting ‘powerhouse’ Brazilian market
Key staff explain why the UK group has been expanding in South America
‘New energy adventure’: Norwind Offshore CEO sees increasing demand for wind installation vessels
Owner has three newbuildings with delivery in 2026 and 2027
Offshore giant Tidewater cut to hold as DNB sees ‘challenging environment’ to last into 2026
Oil companies to put pressure on day rates and utilisation, banks says