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marine news \ Partners \ rig T15 \ Seadrill \ Sells \ tender
Seadrill Sells Tender Rig T15 to Seadrill Partners
Seadrill Limited has today entered into an agreement to sell the companies that own and operate the tender rig T15 to Seadrill Partners LLC for a total consideration of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T15. The balance of the acquisition price will be financed […]
CMA CGM \ Focus \ Hamburg Süd \ Keep \ Maersk Line \ marine news \ Meetings \ MSC \ Piracy \ Reinitiate \ shipping industry
Reinitiate Piracy Meetings to Keep Focus on Piracy
Leading container lines reinitiate piracy meetings to keep focus on piracy CMA CGM, MSC, Maersk Line and Hamburg Süd representing 40 percent of the world container shipping industry have met to discuss the piracy threat towards international shipping. The meeting focused on piracy in the Gulf of Aden, the Indian Ocean and West Africa. The […]
Delivered \ FPSO \ marine news \ Sevan Marine \ Voyageur Spirit
Sevan Marine Delivered to FPSO “Voyageur Spirit”
SEVAN MARINE ASA: FPSO “Voyageur Spirit” Delivered – Sevan Restructuring Completed The Restructuring, which commenced in 2011 and has been implemented under a step plan through 2011 and 2012, has now been effected according to plan as the final element was completed with the delivery today of FPSO “Voyageur Spirit” (the “Unit”) to Voyageur LLC, […]
completes \ integration \ John Fredriksen \ marine news \ rig business \ SapuraKencana \ Seadrill \ SPA \ tender
Seadrill completes the integration of the tender rig business into SapuraKencana
Seadrill and SapuraKencana have today completed the previously announced transaction pursuant to the conditional SPA. The agreed upon acquisition price is for an enterprise value of US$2.9 billion, which includes cash, SapuraKencana shares, all debt in the tender rig business, and Seadrill’s future capital commitments for newbuilds. More: Have you not booked your cheapest Cruise […]
England \ Farne Islands \ Grounded \ marine news \ Refloats \ TITAN \ vessel
TITAN Refloats Grounded Vessel from England’s Farne Islands
Salvage Job Completed without Damage to Environment Despite Challenging Sea and Weather Conditions TITAN Salvage has successfully refloated the 262-foot containership M/V Danio from its stricken position on England’s Northumberland coast despite challenging sea and weather conditions. Danio, which was carrying a load of timber and en route to Belgium from Scotland, ran aground at […]
Kleven Verft \ large PSV \ marine news \ oil company \ Rem Offshore ASA \ REM Ovffshore \ Vessel Charter \ VS 485
Rem to Purchase Kleven Verft`s VS 485
Rem – Purchase of Vessel and Charter Agreement Rem Offshore ASA has entered into an agreement with Kleven Verft AS to buy a large PSV of VS 485 design currently under construction. The vessel will be delivered from yard end of May 2013. Rem Offshore ASA has further entered into a charter agreement with a […]
crowley \ Crowley Maritime \ John Kelley \ marine news \ Prestigious Logistics Excellence Award \ Toyota
Crowley Gets Prestigious Logistics Excellence Award
Toyota Logistics Services Recognizes Crowley with its Prestigious Logistics Excellence Award for Quality for Eleventh Consecutive Year Crowley Maritime Corp.’s liner and logistics group was recently presented with its eleventh-consecutive Logistics Excellence Award for export quality – an honor given in recognition of Crowley’s ongoing efforts to safely and efficiently transport Toyota vehicles to Puerto […]
Charterers \ EBITDA \ Euronav \ financial results \ marine news \ Paddy Rodgers \ Suezmaxes \ TCE \ trading pattern
EURONAV Releases 1st Quarter Results
Euronav reported its preliminary financial results for the three months ended 31st March 2013 For the first quarter 2013, the company had a net loss of USD – 10.7 million or USD – 0.21 per share (first quarter 2012: USD -9 million and USD -0.18 per share). EBITDA for the same period was USD 43.5 […]
BOP \ drilling \ Fredrik Halvorsen \ Gulf of Mexico \ LLOG Bluewater Holdings \ marine news \ Samsung Heavy Industries \ Seadrill \ three-year Contract \ ultra-deepwater \ Ultra-deepwater Newbuild \ West Neptune
Seadrill Signs Contract for the Newbuild Drillship West Neptune
Seadrill Secures a three-year Contract for the Ultra-deepwater Newbuild West Neptune Seadrill has signed a contract with LLOG Bluewater Holdings, LLC, for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates. The potential […]
ABN AMRO \ Euronext \ global coordinators \ HAL Investments \ marine news \ Morgan Stanley \ offering \ SBM Offshore
SBM Offshore: 97.7 % take-up of rights offering
SBM Offshore Announces 97.7 % take-up of rights offering SBM Offshore announces that, in connection with its 1 for 10 rights offering of 18,914,221 new ordinary shares in its capital with a nominal value of EUR 0.25 each at an issue price of EUR 10.07 per Offer Share, it has received subscriptions for 18,473,204 Offer […]