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Latest From Offshore
‘Given the long-term capital requirements of the shipping sector, including in the context of the structural trend towards decarbonisation, KKR believes that a private setting will provide Ocean Yield with improved access to capital’
French company Ayro has agreed to build a factory to make its Oceanwings wind propulsion system at Caen, Normandy. The first sails will be installed on a ro-ro built to transport space rocket parts
New Orleans port authority is coordinating with navigation partners and state officials to resume operations as quickly as possible. All terminal operations remain closed
Vessels deployed from government-backed Arctic oil and gas projects contributed nearly half of service revenues in first half
Police allege the vessel Maersk Surabaya dragged anchor off Perth, Western Australia, causing $1.1m damage to a telecommunication cable. The master has been released on bail to hotel quarantine
The deal is being funded through shares, cash, newly issued redeemable notes and the assumption of debt
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