Kleven Verft

Op-Ed: A decade of financial restructuring in maritime

By Scott C. Clarkson, United States Bankruptcy Judge, Central District of California, Santa Ana, Calif.

Over the past decade, several international shipyards, boat builders, and marine shipping companies have encountered financial difficulties due to various external challenges. Notable examples include Harland & Wolff, the historic Belfast shipyard, renowned for building the Titanic, which faced insolvency in 2019 and again in 2024.  In September 2016, South Korea’s Hanjin Shipping, then the...

https://www.marinelog.com/views/op-ed-a-decade-of-financial-restructuring-in-maritime/

VESSEL REFIT | Orient Constructor – Construction vessel rebuilt as walk-to-work asset for Taiwan’s Dong Fang

Dong Fang Offshore (DFO), a subsidiary of Taiwan’s Hung Hua Construction, has begun operating the first subsea construction and walk-to-work (W2W) vessel to be owned by ..

The post VESSEL REFIT | Orient Constructor – Construction vessel rebuilt as walk-to-work asset for Taiwan’s Dong Fang appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-operations-maintenance/offshore-maintenance/vessel-refit-orient-constructor-construction-vessel-rebuilt-as-walk-to-work-asset-for-taiwans-dong-fang/

COLUMN | The twelve days of offshore Christmas: Cairn Energy, Vantage Drilling, Esvagt, Shearwater, Swire and Seacor! – Part One [Offshore Accounts]

Forget the partridge in the pear tree, the two turtle doves, and the five gold rings. Instead, the twelve days of this Christmas for the offshore sector have been packed ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-the-twelve-days-of-offshore-christmas-cairn-energy-vantage-drilling-esvagt-shearwater-swire-and-seacor-part-one-offshore-accounts/

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