Merry Christmas! On the twelfth day of Christmas my true love gave to me… twelve drummers drumming, eleven pipers piping, ten lords a-leaping and so on, all the way back to that partridge in a pear tree from day one of the old festive carol. But not here, as, for the fourth year in a […]
According to his carefully edited Wikipedia entry, Evangelos Marinakis “is a Greek media mogul, shipowner, lyricist, and member of the Piraeus city council. He is the founder and owner of Capital Maritime and Trading Corporation and also the owner of the football clubs Olympiacos in Greece and Nottingham Forest in England.” And now he is […]
Hot on the back of Britoil buying Vroon’s fleet of 30 offshore support vessels (OSVs), and Golden Energy Offshore taking another five from the Dutch owner, last week’s big offshore deal was Abu Dhabi’s AD Ports buying the “eastern fleet” of ENAV. AD Ports has bought these ten vessels trading in...
Offshore is a cyclical industry; when assets are at their cheapest, nobody wants to buy them, and nobody will lend money to acquire offshore vessels and rigs. If only I had had the foresight to buy Tidewater stock in May 2020 when it traded below US$5 per share, as opposed to US$68 on Friday. But...
New contract awards include those for windfarm support vessel deployments in Taiwan and the UK, supply vessel charters in the UK, and accommodation platform mobilisation ..
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 ..
Newly awarded charter contracts include those for construction, accommodation, and maintenance vessels. Deployments will take place in the US Gulf of Mexico as well as in ..
China’s Yantai CIMC Raffles Shipyard has delivered a new self-elevating accommodation platform for UK energy company BP. Designated a quarters and utilities (QU) facili ..
We highlighted last week (here) that Middle Eastern demand is running red hot for jackups, and that prices have now passed the US$100 million per rig mark again. Thus, we ..
Offshore wind service support provider Edda Wind, a company jointly owned by Norwegian shipping companies the Wilhelmsen Group and the Ostensjo Group, has taken delivery ..
The post VESSEL REVIEW | Edda Breeze – Edda Wind hydrogen-ready, walk-to-work vessel that can house 120 personnel appeared...