Bourbon Sees Revenue Rise 13 Pct

Bourbon sees revenue rise

French vessel owner and provider of marine and subsea services, Bourbon, has seen its half-year revenue rise to a ...

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Several Cargo Vessels Sank in Qisha Port; Crews Safe

Illustration purpose only

A total of 48 Vietnamese sailors were rescued after six cargo vessels sank or run aground in the Qisha Port area in ...

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Subsea 7 Profit Declines

Subsea 7 to Axe 2500 Jobs as Profit Declines

Subsea 7 announced revenue for the second quarter 2015 of $1.4 billion, a decrease of $553 million or 29% compared ...

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Reach Subsea Slumps to Loss

Reach Subsea Slumps to Loss

Norwegian contractor, Reach Subsea, has plunged to a loss in the first quarter 2015 as its results were hit by weak ...

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DOF Subsea Profit Down 65 Pct

DOF Subsea Profit Down 65 Pct

Oslo-listed, DOF Subsea, has posted profit for the first quarter 2015 of NOK 139 million ($18.4 million), versus ...

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Siem Offshore Slumps to Loss

Siem Slumps to Loss

Siem Offshore has seen its profits sink into the red for the first quarter 2015 on currency exchange losses. The ...

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Solstad Slips into Red

Solstad Slips into Red

Oslo-listed Solstad Offshore, has recorded a loss of NOK 236 million ($31.6 million) for the first quarter of 2015 ...

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Wood Group Engineers Two MWCC Modular Capture Vessels

Wood Group Engineers Two MWCC Modular Capture Vessels

Wood Group Mustang (WGM) has completed engineering services for the two Marine Well Containment Company (MWCC) ...

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Jan de Nul Orders Two New SRI Vessels in China

Jan de Nul Orders Two New SRI Vessels in China

Jan De Nul Group has ordered two 6,000 ton Subsea Rock Installation vessels at AVIC Weihai shipyard in Weihai, ...

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Bourbon Revenue Up on Forex Gains

Bourbon Revenue Up on Forex Gains

French vessel owner and provider of marine and subsea services, Bourbon, has booked a rise in revenues for the ...

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Siem Extends Deadline for Daya’s OSCV Financing

Siem Extends Deadline for Daya's OSCV Financing

Oslo-listed Siem Offshore and Daya Materials Bhd. (Daya) have agreed to extend the deadline for termination of the ...

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3PSC Gets Navy Contract Extension

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3PSC LLC, based in Norfolk, Virginia, has been issued a $23,4 million modification under a previously awarded ...

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Subsea 7 Eyes Fleet Reduction

Jean Cahuzac, Subsea 7 Chief Executive Officer

Oslo-listed Subsea 7 is considering a potential downsize of its fleet as it looks to cut down costs amid offshore ...

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E-marine Boosts Cable Ship Fleet

E-marine Boosts Cable Ship Fleet

E-marine, a provider of submarine cable installation and repair solutions in the Middle East and Sub-Continent ...

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Olympic Wins Charters

Olympic Wins Charters

Offshore vessel operator Olympic Ship AS has secured a new contract for its M/V Olympic Taurus. According to ...

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Havyard Sinks into Red

Havyard 832 SOV

Havyard Group has slipped into loss in the fourth quarter 2014, despite significant growth in operating revenues, ...

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Siem Sees Profits Rise

SIEM DAYA II

Oslo-listed Siem Offshore has generated fourth quarter operating revenues of USD 137.7 million, compared to USD ...

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DOF Posts Q4 Loss

DOF Posts Q4 Loss

Norwegian offshore vessel owner DOF has slipped into the red in the fourth quarter 2014, despite revenue growth and ...

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Reef Subsea Deal Hits GC Rieber

Reef Subsea Deal Hits GC Rieber

GC Rieber Shipping had a loss of NOK 201.4 million in the fourth quarter 2014, compared with a loss of NOK 73.5 ...

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Marine Survey to Start Off Sha Tau Kok

Marine Survey Conducted Off Sha Tau Kok

Gulf Agency Company (GAC) has informed that for approximately ten months, marine site investigation works involving ...

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Olympic’s Vessels Get New Contracts

Olympic's Vessels Get New Contracts

M/V Olympic Triton has been awarded a new contract, firm for one-year plus an additional optional year, up to two ...

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