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 […]
MMT
COLUMN | The Twelve Days of Christmas 2022: Day 4 to 6: Global Marine, Jan de Nul, Seatankers, Østensjø Rederi, Reach; Transocean and DSME; liftboat safety [Offshore Accounts]
On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but at Baird Maritime, that’s the cue for a ..
COLUMN | Quick updates: Van Oord gets big and green, Asian cables frenzy, next round of Battle of the Subsea Robots, Borr’s big green plan, anchor handlers change hands, scrap price Brazilian rigs [Offshore Accounts]
After our diversion into Harbour Energy’s Carbon Capture and Storage plans last week and the abandonment of its 500-million-barrel Sea Lion discovery in the Falklands ( ..
COLUMN | “Oops!… I did it again” – Transocean, Saipem, Northern Drilling, Swire Pacific Offshore and Ocean Infinity [Offshore Accounts]
Pop star Britney Spears was so right when she warned of the dangers of repetition (here). Recent weeks in the offshore industry have seen several major players are doing ..
Work Boat World Offshore Projects Roundup – June 25, 2021
This latest succession of ongoing and recently awarded offshore projects focuses on the subsea segment, with activities such as installation and surveys becoming more and ..
COLUMN | Update on the subsea survey war: Fugro fights on, Ocean Infinity buys MMT, Reach Subsea transforms? [Offshore Accounts]
A year ago (here) we highlighted the battle for control of the autonomous underwater vehicle (AUV) market between Ocean Infinity and Fugro, with both companies ordering ..
Ocean Infinity acquires survey company MMT
US-based Ocean Infinity has confirmed its acquisition of Swedish survey company MMT, the former said in a press release dated March 2. The acquisition will see ..
WWI German U-boat surveyed over 100 years after wartime sinking
A German submarine from World War I has been surveyed for the first time since its loss in 1917. Sophisticated scanning techniques and deep-sea video footage have ..
SeaMar Group awarded vessel contract by MMT
Netherlands-based SeaMar Group has been awarded a new six-month contract from Sweden’s MMT for the IMR and ROV support vessel Deep Helder. The vessel will be ..
Reach Subsea awarded North Sea contract
Reach Subsea has been awarded a contract for survey and construction support for an unnamed client in the North Sea. The project will be executed together with ..