TradeWinds
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Business as usual?

Dockwise’s takeover target keeps its cool despite unwelcomed advances as it locks in juicy deal with John Fredriksen's Seadrill.
16:18 GMT, 16 May 2012
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Wilson Sons curbed by costs

Higher expenses carve into Brazilian diversified owner’s bottom line.

15:54 GMT, 16 May 2012
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Nam Cheong shares looking hot

Investors should be making eyes at Malaysian shipbuilder following “stellar” start, analyst says.

13:12 GMT, 16 May 2012
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Fairstar chokes on poison pill

Oslo-listed owner bats away “low ball” takeover bid and gives Dockwise a dressing down.

08:35 GMT, 16 May 2012
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Otto adds to Africa work

Singapore offshore vessel owner sends another pair of anchor handlers to Africa on long-term charter.

01:41 GMT, 16 May 2012
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Farstad Shipping better in the first

Norwegian offshore owner puts up improved quarterly figures despite sales losses.

14:41 GMT, 15 May 2012
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Northern hit by idle rigs

John Fredriksen’s other drilling company reports a second quarter loss as it prepares rigs for new charters.

07:58 GMT, 16 May 2012
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Mermaid Maritime bags rig extension

Singapore-listed offshore owner seals $16m deal as it strips back losses.

15:09 GMT, 15 May 2012

TradeWinds | Shipping IndexNo markets are open

Last 24 hours

3.86%00:39

12 up

6 unchanged

18 down

Chartering | Offshore
free news

Two anchor fixtures led to a slight improvement in usage but overall not much has changed.

AHTS:

even

Large PSV:

even

Small PSV:

even

16:17 GMT, 16 May 2012

Plenty more AHTS fixtures today but utilisation still languishes near 50%.

AHTS:

up

Large PSV:

even

Small PSV:

even

13:54 GMT, 15 May 2012

One anchor handler is fixed for supply work at under £10,000 per day, brokers say.

AHTS:

up

Large PSV:

even

Small PSV:

even

14:30 GMT, 14 May 2012
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Atlantic orders PSV at Simek

Norwegian owner books speculative newbuilding at compatriot yard, but is confident of finding employment.

01:21 GMT, 15 May 2012
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WesternGeco Overseas sheds OSV

Schlumberger’s seismic division sells vintage offshore-support vessel in a transaction backed by mystery buyers.

14:45 GMT, 15 May 2012
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GC Rieber Shipping cuts deficit

Oslo-listed owner chops first quarter loss as it nears buyout of seismic player Armada Seismic.

09:20 GMT, 15 May 2012
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Sanko Steamship sells AHTS pair

Malaysian offshore owner raids Japanese owner for twin anchor handlers.

10:25 GMT, 14 May 2012
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Nam Cheong sees strong start

Malaysian shipbuilder sees first quarter profits jump 81% on the back of robust momentum in offshore sector.

01:28 GMT, 14 May 2012
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Bergen Group bags repeat deal

Terje Arnesen-led firm could pocket up to $17m from another deal with Semco Maritime.

13:27 GMT, 14 May 2012
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STX OSV sees earnings shaved

But the Singapore-listed shipbuilder says the signs point to renewed demand for high spec tonnage.

11:24 GMT, 14 May 2012
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Profits inch up at Swiber

Singapore offshore player fails convert big jump in revenues and order backlog into better profitability.

02:58 GMT, 14 May 2012

Fazel Fazelbhoy goes deep

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Fairstar Heavy Transport returns fire

Takeover talks turn increasingly hostile as CEO warns Dockwise "the boys at Pareto" can't bully shareholders into submission.

17:53 GMT, 11 May 2012
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Subsea 7 doubles earnings

Oslo-listed owner posts stellar quarter as investment flows into subsea sector.

11:10 GMT, 11 May 2012
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Jaya Holdings’ profit sinks

Revenue sees uptick but lack of vessel sales sends Singapore-listed offshore owner's earnings plummeting.

14:00 GMT, 11 May 2012
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Diamond back at Hyundai

US driller exercises option for forth deepwater drillship newbuilding as it offloads four jack-up rigs.

01:10 GMT, 10 May 2012
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Losses reduced at Vantage

Nobu Su-controlled offshore drilling company trims first quarter losses, but still starts the year in the red.

05:36 GMT, 11 May 2012
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ASL Marine earnings edge down

Singapore shipbuilder and owner hampered by tighter margins from repair and vessel chartering in first nine months.

11:20 GMT, 09 May 2012
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France's Bourbon gets bigger again

Offshore shipping giant on target to beat last year's EUR 1bn revenue after stronger first quarter.

06:59 GMT, 10 May 2012
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Miclyn seals Thai Chevron gig

Australian offshore player wins contract from oil major as chief executive commits for two more years.

06:59 GMT, 10 May 2012
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BW Offshore hit by FPSO delay

Oslo-listed floating production outfit has earnings impaired by hold up at COSCO Dalian but expects three new units to boost full year numbers.

10:21 GMT, 10 May 2012
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SembCorp seals Perisai deal

Singapore rig yard to construct jack-up drilling rig for Malaysian oil and gas company in $208m deal.

08:19 GMT, 09 May 2012
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Supply ship seized, then released

Offshore vessel hijacked off Nigeria, but ship and 17 crew freed within a day.

06:36 GMT, 09 May 2012
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Ezion wins third LNG deal

Singapore-listed offshore company wins contract for work on LNG project from unnamed contractor.

09:00 GMT, 09 May 2012
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Siem Offshore profit skyrockets

Terje Sorensen-led offshore vessel owner sees first quarter earnings spiral.

10:55 GMT, 08 May 2012
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Solstad readies raid on Nor Spring

Oslo-listed owner prepares to pounce on offshore unit after boosting bottom line in the first quarter.

18:32 GMT, 09 May 2012
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Disposal boosts CH Offshore

The sale of an anchor handler has helped to increase profits at Singapore offshore vessel operator by 60%.

06:57 GMT, 07 May 2012
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Havila Shipping curbs first quarter loss

Njal Saevik-led owner chops deficit to end the first three months narrowly in the red.

09:29 GMT, 08 May 2012
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GC Rieber partners eye seismic exit

Oslo-listed offshore syndicate launches offer to reel in remaining shares of 3D affiliate Armada Seismic.

18:25 GMT, 07 May 2012
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Otto Marine fires profit warning

Singapore-listed offshore company sounds earnings alarm again.

09:08 GMT, 07 May 2012
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