This week we look at consequences: judicial consequences, legal consequences, the consequences of bad strategy and bad execution, and the inevitable consequences of high day rates. Ladies and gentlemen, there is a newbuilding anchor handler out there, being built as you read this. Adjust your forecasts accordingly. But first, we look at other consequences. Goh-Goh […]
CWind Taiwan
COLUMN | Predictable outcomes: a certain wind turbine installation company; Cyan Renewables and DEME; Global Marine and CWind [Offshore Accounts]
Never believe what a company’s managers tell you. Always verify yourself, especially if the company is headquartered in Monaco and is run by a management team with a past reputation for underperformance in the offshore sector. Who could we be talking about? Imagine a company where the management team paid themselves a US$30 million bonus […]
VESSEL REVIEW | CWind Pesanach – Fast, versatile crewboat for Taiwanese waters
CWind Taiwan, a joint venture between UK-based CWind and Taiwanese vessel operator the International Ocean Group (IOG), has acquired a new windfarm support catamaran crew ..
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Work Boat World Offshore Vessel Orders and Deliveries Roundup – March 11, 2022
Offshore wind-optimised vessels such as crewboats, maintenance vessels, and cable-layers are the focus of this week’s summary of orders and deliveries. Sentinel Mar ..
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COLUMN | Yinson gets big in Brazil, while competitors bleed, and POSH quits Taiwan [Offshore Accounts]
Asian companies have taken a battering in the offshore industry downturn. Singapore’s Ezion and Ezra have gone into liquidation, Malaysian OSV builder and owner Nam Che ..
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Work Boat World Offshore Vessel Charters Roundup – January 21, 2022
Offshore vessel operators welcome the new year with new work on behalf of clients, mainly in the installation and IMR segments. The charters are for activities in Western ..
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Work Boat World Offshore Vessel Charters Roundup – March 5, 2021
With the offshore sector as busy as ever, new charters expectedly continue to be awarded at a steady pace. It is interesting to note that the succession of recent awards ..