Bhagwan Marine Adds Two New Vessels to Its Fleet

Bhagwan Marine has expanded its fleet with two new DP2 vessels, the CMV Athos and the DP2 SeaMaster. The CMV Athos ...

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Solstad Farstad Secures Contracts for Two Vessels

Solstad Farstad (SOFF) has secured contracts for two of its construction support vessels (CSVs) Nor Australis ...

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Reach Subsea Secures Work for Two of Its Vessels

Reach Subsea has signed contracts for two of its vessels with undisclosed clients. The first contract Reach Subsea ...

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Red Numbers for Eidesvik

Norwegian vessel owner Eidesvik Offshore has posted quarterly loss of NOK 51 million (approximately $28 million) or ...

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DOF Subsea Secures Work for Its Vessels in Asia Pacific

DOF Subsea has secured several contracts in the Asia Pacific region, securing utilization for vessels in the ...

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Reach Subsea Secures Work for Three Vessels in North Sea

Reach Subsea has entered into short term contracts for three vessels Havila Subsea, Edda Fonn and Olympic Delta in ...

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Subsea 7 Buys Siem Offshore Contractors and Two Vessels

Subsea 7 has signed an agreement to acquire Siem Offshore Contractors GmbH and two vessels, subject to competition ...

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Solstad Farstad Books $146M Loss

Norwegian owner and operator of offshore vessels Solstad Farstad has recognized loss of 1.15 billion Norwegian ...

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Bourbon 2017 Revenue Drops 22 Pct

Bourbon has seen its revenue decline some 19 percent year-on-year for the quarter ended December 31, 2017, and some ...

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Stapem Offshore Takes Delivery of New Dive Support Vessels

Incat Crowther-designed vessel Stapem Beluga, the first of two ABS-classed 18 meters catamaran dive support vessels ...

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Eidesvik Strikes Vessels Deal with Seabed Geosolution

Norwegian vessel owner Eidesvik has signed a letter of intent with Seabed Geosolution, a Fugro – CGG joint ...

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Subsea Vessels of 2017

During 2017 we’ve seen an increased number of subsea vessels starting their first campaigns, being delivered ...

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Solstad Farstad Scoops Up OZ Contracts

Norwegian offshore service vessels provider Solstad Farstad said it has been awarded several contract in Australia. ...

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Olympic Subsea Expects Slow Market Recovery

Olympic Subsea has reported consolidated net revenues of NOK 200 million for the third quarter of 2017. Earnings ...

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DOF Subsea Secures Work for Vessels in Subsea IMR Segment

DOF Subsea has secured multiple contracts for vessels in the Subsea IMR projects segment. In the Atlantic region, ...

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Eidesvik Back in Black

Norwegian vessel owner Eidesvik Offshore has posted quarterly profit of NOK 29 million (approximately $3.5 million) ...

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Bourbon Quarterly Revenue Drops

Bourbon has seen its revenue decline some 21 percent year-on-year for the quarter ended September 30, 2017, still ...

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MSS Stays Red in Q2, Lays Up 10 Vessels

Offshore marine contractor Maersk Supply Service (MSS) has recorded a loss of USD 10 million in the second quarter ...

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Pacific Radiance Scoops $45M in Vessel Deals

Pacific Radiance has secured USD 45.3 million worth of new contracts, including options. Under these contracts, ten ...

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Siem Offshore Sinks Deeper into Red Despite of Revenue Jump

Siem Offshore has seen its quarterly loss widened, despite revenue rise of over 50 percent, as forex gains and ...

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Polarcus Books Loss, Improves Q-on-Q

Seismic contractor, Polarcus has posted quarterly loss on 26 percent lower revenues when compared to first-quarter ...

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