SEACOR Marine has entered into an agreement with Compagnie Maritime Belge (CMB) to sell its wholly-owned subsidiary Windcat Workboats and its crew transfer vessel (CTV) business. As consideration for the sale, at the closing of the transaction, CMB will pay SEACOR Marine £32.8 million, and assume the circa £20.4 million of debt outstanding under Windcat’s …
Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy. In its fleet status report this week, Vantage said that the Sapphire Driller has been awarded two firm wells with Trident Energy in Equatorial Guinea. The Sapphire Driller is a jack-up rig of a BMC …
Shearwater GeoServices has signed new debt and guarantee facilities totalling $437 million, as part of the planned refinancing of the company’s maturing debt. Andreas Hveding Aubert, CFO of Shearwater (Courtesy of Shearwater GeoServices) The new facilities include the refinancing of the $325 million bridge facility originating from the acquisition of the marine seismic acquisition assets …
Shearwater GeoServices signs $437M debt refinancing Read More »
Grieg Edge, an innovation hub established by Grieg Star Group, and Wärtsilä Norway have secured financial support for their project to build the world’s first green ammonia fueled tanker – to ship green ammonia. Specifically, the MS Green Ammonia project will receive NOK 46.3 million from the Norwegian funding scheme Pilot-E confirmed. The partnership aims …
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The Greek shipping company Minerva, led by Andreas Martinos, has completed the sea trials and gas trials for the Minerva Psara LNG carrier. Minerva said on Friday that the Minerva Psara was first of a series of two LNG carriers the company currently has under construction at the DSME shipyard in South Korea. The vessel …
Havyard Group’s subsidiary, New Havyard Ship Technology, has handed over the first of the three new wind farm service operations vessels (SOV) ordered by Esvagt. The SOV that was handed over on 18 December is the fourth such vessel to be delivered to Esvagt and the first in a new series of SOVs built by …
Marine seismic player Polarcus has signed a memorandum of agreement with SCF GEO, a company in the Sovcomflot group, to provide 4D marine seismic acquisition services in the Far East. Polarcus ICE-1A class vessel (Courtesy of Polarcus) The work will be performed for an exploration and production (E&P) company, whose name was not disclosed. The program …
The International Labour Organisation’s (ILO) Committee of Experts issued a ruling that governments have failed in their duty of care towards seafarers under international law during the COVID-19 pandemic. In the first ruling of its kind, the committee of 20 jurists found that governments failed abjectly to protect the minimum of seafarers’ rights, as set …
Oficial ETO para buque PSV DP2 – 180 USD/día VSL’s type – PSV DP2(the vessel is operating under ADNOC charter); Wages – 180 USD per day; Contract Duration: 90 days on/30 days off; Area of sailing –UAE;Join date – ASAP; Comments: The candidate must hold Electro-Technical Officer’s Unlimited License and DP Maintenance certificate ;Minimum obligatory …
Copenhagen Infrastructure Partners (CIP) has invested in the development company 7 Seas Med, which has been developing a 250 MW floating wind project off the coast of Italy, in the Sicily Strait. CIP, Nice Technology and 7 Seas Wind Power have joined forces to develop the wind farm, for which 7 Seas Med already filed a concession request, according to Green …
CIP invests in 250 MW floating wind farm in Italy Read More »
