TradeWinds
Shipping Index
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Trouble ahead

Swire Pacific Offshore says rates will continue under pressure this year due to spate of newbuilding deliveries.
09:55 GMT, 11 March 2010
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Injury off UK

Crew member rushed to hospital with head injuries after incident on offshore vessel off Scotland.

11:21 GMT, 11 Mar 2010
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Subsea shift

Helix Energy Solutions is offloading its oil and gas subsidiary to bankroll expansion in the subsea sector.

16:26 GMT, 09 Mar 2010
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Brazil job for SMM

SembCorp Marine’s Jurong Shipyard to carry out pre-conversion works on Petrobras FPSO.

05:47 GMT, 11 Mar 2010
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Buying DryShips?

Rumour sweeps New York that AP Moller-Maersk is readying a takeover bid for George Economou’s DryShips.

09:16 GMT, 09 Mar 2010
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ONGC takes PSV

One-year PSV deal from state-owned energy outfit nets Garware Offshore near $5m.

10:37 GMT, 09 March 2010
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Two tied up

Petrobras hires Solstad AHTS while Statoil extends PSV for another year.

10:15 GMT, 09 March 2010
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Float fillout

NorSkan’s fleet will double to 30 or more ships ahead of Brazilian IPO, Dof CEO Mons Aase says.

09:04 GMT, 08 March 2010

TradeWinds | Shipping IndexEuropean markets are now open

Last 24 hours

-0.07%12:38

15 up

14 unchanged

11 down

Chartering | Offshore
free news

Small PSV’s saw all the action today with three fixtures and rates on the rise.

AHTS:

even

Large PSV:

down

Small PSV:

up

19:25 GMT, 11 March 2010

Another quiet day for fixtures as the market looks to next week when rig activity should jump.

AHTS:

down

Large PSV:

even

Small PSV:

down

19:01 GMT, 10 March 2010

North Sea spot remains quiet with cargo work the only option for anchor handlers.

AHTS:

even

Large PSV:

even

Small PSV:

up

17:11 GMT, 09 March 2010
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Petrobras fixes

John Fredriksen-backed Deep Sea Supply has inked two time charter deals with Brazilain oil giant Petrobras.

17:54 GMT, 08 Mar 2010
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Dof in Brazil IPO

Norwegian offshore owner reveals plans to list unit NorSkan on the Sao Paulo Stock Exchange.

08:15 GMT, 08 Mar 2010
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IPO optimism

Analysts back Dof’s plans to list NorSkan in Brazil as Norwegian owner’s shares inch up in Oslo.

12:40 GMT, 08 Mar 2010
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Fortress fixed

Njal Saevik’s Havila Shipping lands term deal for large PSV in the North Sea.

15:13 GMT, 05 Mar 2010
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Havyard Sino first

Norwegian offshore shipbuilding and design group wins first contract from Chinese principal.

05:52 GMT, 08 Mar 2010
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Swiss spend

UBS tops up holding in Kristian Siem’s Subsea 7 with $32m swoop.

17:08 GMT, 05 Mar 2010
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STX's yard splash

Europe’s largest shipbuilder to invest $100m in new Brazilian shipyard alongside partner PJMR.

13:14 GMT, 04 Mar 2010
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Shuttle pain

Teekay Offshore Partners back in the black but shuttle tanker revenue was lower than expected.

15:16 GMT, 04 Mar 2010

Tamils disembark

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Statoil stinger

North Sea market rocked by talk Helge Lund-led oil company will not be fixing anchor handlers for rig moves this month.

14:40 GMT, 04 March 2010
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Off to Rio

Trans Viking anchor handler signed up for a four-month stint off Brazil at a rumoured $30,000 per day.

12:31 GMT, 04 March 2010
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Smit stagnant

Dutch tug and salvage company sees profits largely unchanged from a year ago as revenue falls.

07:40 GMT, 04 March 2010
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Diamond bags trio

US drilling company ties up two semi-submersibles and a drillship to Brazilian oil giant Petrobras.

01:42 GMT, 04 Mar 2010
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Harvey buys five

Harvey Gulf International pays $100m for five offshore support vessels and secures service contracts with two US oil majors.

12:20 GMT, 01 Mar 2010
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Fixtures fest

Norway’s Farstad Shipping inks fresh charters and extensions worth over $100m.

09:32 GMT, 03 Mar 2010
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Swiber still red

Raymond Goh-led offshore player sees cost of bond issue contribute to fourth quarter loss.

11:17 GMT, 02 Mar 2010
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Miclyn in IPO

Second time lucky for Singapore-based offshore owner as it plans to go public with $330m float in Australia.

07:23 GMT, 03 Mar 2010
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Rieber to delist

Sven Rong’s GC Rieber Shipping to leave the Oslo Bors amid plans to merge with its Bergen-based parent.

09:00 GMT, 01 Mar 2010
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Heading South

New Orleans operator Intermarine launches heavy-lift service to tap South America's oil, gas and mining industries.

09:57 GMT, 02 Mar 2010
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Massive IPO

Brazilian shipyard owner OSX led by billionaire Eike Batista seeks $5.6bn from Sao Paulo listing.

15:50 GMT, 02 Mar 2010
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Tax to thank

Solstad Offshore saved from fourth quarter red ink by $52m payback from the Norwegian taxman.

10:00 GMT, 01 March 2010
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Eidesvik dented

Jan Fredrik Meling-led offshore shipowner sees operating profit hurt by weak markets in the North Sea and West Africa.

10:53 GMT, 01 March 2010
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Otto driven down

Lower shipbuilding orders and weaker repair sales steer offshore outfit Otto Marine to reduced profit.

10:23 GMT, 01 March 2010
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Leaving SGX

Swissco will delist from the Singapore exchange following $125m takeover by C20 Holdings.

15:48 GMT, 01 Mar 2010
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Alam Maritim dips

Weaker market environment sends Kuala Lumpur-listed offshore player’s results downwards.

07:12 GMT, 01 Mar 2010
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Cecon goes red

Write-off of investment in bankrupt Davie Shipyards mars annual result for Norwegian offshore shipowner.

09:30 GMT, 01 Mar 2010
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Tove chartered

Knutsen OAS shuttle tanker set for potential three-year fixture for work off the Philippines.

07:51 GMT, 01 Mar 2010
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