Atlantic Navigation secures $236m charters for 10 OSVs

Atlantic Navigation Holdings (Singapore) Limited has won long term charters for 10 OSVs with a combined value of...

Resistance to scrap surplus OSVs will prolong offshore industry woes

The scrapping of idling offshore vessels in order to clear the surplus capacity is unlikely to happen, given the...

BP re-contracts 14 OSVs from Topaz on long-term charters

BP has extended contracts for 14 OSVs from Topaz Energy and Marine operating in Caspian Sea. ...

DryShips ventures into offshore with $120m acquisition of six OSVs

Dry bulk shipowner DryShips is spending $120m to venture into offshore shipping by acquiring Nautilus Offshore Services, which indirectly through its subsidiaries own four oil spill recovery vessels (OSRVs) and two PSVs. ...

Sinopacific sees three more tough years ahead for bulkers and OSVs

China’s Sinopacific Shipbuilding Group, whose core businesses in bulk carriers and OSVs are presently going through weak market conditions, is bracing itself for a further three tough years.

Wuchang Shipbuilding bags bumper order for 16 OSVs

Wuchang Shipbuilding Industry Group has bagged a bumper order to construct 16 OSVs for a Singaporean...

Coastal Contracts wins order to sell seven OSVs

Malaysia’s Coastal Contracts has sold seven OSVs worth a total of about MYR444m ($135.7m).The newbuilding...