Offshore Shipping Online A publication for the offshore shipping industry published by Clarkons since 1999 en Tue, 30 May 2017 08:44:44 +0200 Tue, 30 May 2017 08:43:44 +0200 (OSO) SeaBird planning debt restructuring Tue, 30 May 2017 08:44:45 +0200 SeaBird Exploration Plc is proposing to its bondholders and certain of its other creditors a debt restructuring of the SeaBird group that, if successfully completed, will facilitate a comprehensive restructuring of the group's balance sheet. Vard acquires minority stake in two subsidiaries Tue, 30 May 2017 08:40:60 +0200 The Board of Directors of Vard Holdings Limited has announced that the company’s wholly-owned subsidiary Vard Group AS has acquired the remaining 4.85% stake in Vard Promar SA from an unrelated third party, PJMR Empreendimentos Ltda (PJMR), there Eidesvik to fit hybrid battery system on Viking Princess Tue, 30 May 2017 08:37:12 +0200 Wärtsilä has signed an agreement with Eidesvik Offshore to install a hybrid propulsion system with batteries on its vessel Viking Princess. Viking Princess will thus become the first offshore supply vessel (OSV) on w Reinhardsen retires from PGS Tue, 30 May 2017 08:33:37 +0200 Petroleum Geo-Services (PGS) had announced that President and CEO Jon Erik Reinhardsen has informed theBoard of Directors that he wishes to retire, in accordance with his employment contract. The board has accepted August 31, 2017 Deep Sea Supply notes slight improvement in the market Fri, 26 May 2017 17:52:51 +0200 Deep Sea Supply in Norway says it has seen an increase in tendering activity, albeit a small one. Deep Sea Supply said “although there is still generally low activity in the global offshore support vessel (OSV) market, and the market in g Marco Polo Marine gets hearing date Fri, 26 May 2017 17:51:06 +0200 Referring to an announcement by the company on 18 May 2017 in respect of the adjournment of a hearing of the court applications made by the company and its subsidiary Marco Polo Shipyard Pte Ltd (MPSY) pursuant to section 210(10) of the Companies JFSE provides solution for challenging excavation Fri, 26 May 2017 17:47:44 +0200 James Fisher Subsea Excavation (JFSE) has completed a challenging project for underwater services company Seatek in the Kandla Gujarat region of northwest India. Experts deployed its shallow water Twin R2000 tool for post-lay trenching and Magseis signs technology agreement with Seismic Apparition Fri, 26 May 2017 17:43:59 +0200 Magseis and Seismic Apparition have signed an exclusive technology agreement to jointly develop and implement a new innovative technology that will reduce the time it takes to undertake Ocean Bottom Seismic (OBS) projects. Technology NOIA not sure about Trump's budget Fri, 26 May 2017 17:42:13 +0200 National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement on President Trump’s FY2018 Budget. “NOIA whole-heartedly appreciates the Trump administration’s overall pro-American energy m Solstad bags new contracts and extensions for four PSVs Thu, 25 May 2017 08:47:34 +0200 Solstad Offshore has been awarded new contracts and contract extensions for several of its platform supply vessels. The contracts will commence in May/June of 2017 and consist of a combined total of circa 500 vessel days spl SeaBird secures additional work in West Africa Thu, 25 May 2017 08:45:26 +0200 SeaBird Exploration has signed a letter of award for additional work in West Africa for an undisclosed client. The project is due to commence late in the second quarter of 2017 and will have a duration of approximately two weeks. SeaB Esvagt strengthens its operations in the UK Thu, 25 May 2017 08:41:36 +0200 Claus T Sørensen has taken on the position of Managing Director for the UK at ESVAGT’s office in Aberdeen and will spearhead its operations in the UK market. “Over the last few years, Esvagt has moved from b NorSea Group and Kongsberg Group establish digital collaboration Thu, 25 May 2017 08:39:57 +0200 NSG Digital, a new company set up by NorSea Group to simplify logistics through digital technology, has established a collaborative agreement with the Kongsberg Group. Now they are moving the development and deployment of their new product, NSG E2E, to Unique Group delivers dive system Thu, 25 May 2017 08:37:08 +0200 Unique Group’s Diving & Life Support division recently delivered a Zone 2-rated, classed surface nitrox dive system to FSDS Diving Services, the Asian based subsea service provider. The diving system supplied was ABS Classed, ATE Vallianz secures charter contracts for four vessels Wed, 24 May 2017 08:00:40 +0200 Vallianz Holdings Limited has secured long-term charter contracts valued at up to US$115 million in total for four vessels. The contracts were awarded by a national oil company (NOC) in the Middle East and two offshore marine services