COLUMN | Offshore wind update: Eneti, Cyan Renewables, Purus/HST, Vallianz and Marco Polo [Offshore Accounts]

The Ukraine war rumbles on, with Russian seafarers and oilfield workers now in danger of being drafted into president Putin’s meat-grinder of death and mayhem in Donbas ..

The post COLUMN | Offshore wind update: Eneti, Cyan Renewables, Purus/HST, Vallianz and Marco Polo [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-offshore-wind-update-eneti-cyan-renewables-purus-hst-vallianz-and-marco-polo-offshore-accounts/

Lauro-led OSV operator sells two AHTs, files for Chapter 11

At 9.02 a.m. ET yesterday, Emanuele Lauro led Hermitage Offshore Services Ltd. (NYSE:PSV) reported that it had sold its only two anchor handling tug supply vessels, Then, at 10.56 p.m., the company and 28 subsidiaries announced they had filed petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.

In announcing the sale of the AHTS duo, Hermitage said that the consideration for the transaction consisted of its unconditional release of all...

https://www.marinelog.com/offshore/lauro-led-osv-operator-sells-two-ahts-files-for-chapter-11/

COLUMN | Forbear with me – MMA Offshore, Siem Offshore and Hermitage Offshore – Part 2 [Offshore Accounts]

One company that did deliver some success in its restructuring and buy some time for its shareholders was Siem Offshore. On July 2, Siem announced announced that its ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-operations-maintenance/platform-supply/column-forbear-with-me-mma-offshore-siem-offshore-and-hermitage-offshore-part-2-offshore-accounts/

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