January 9th, 2020 Jason Jiang Greater China 0 comments Guangzhou Maritime Court has listed 2011-built heavy load carrier Yue Shen Zhou 5 for an auction sale through online platform Taobao on February 11. The vessel has been detained by the court due to the owner Guangzhou Shenzhou Shipping being unable to solve its debt issues. […]
January 9th, 2020 Jason Jiang Europe, Offshore 0 comments French geoscience technology company CGG has announced that it has completed an exit from the marine acquisition business, closing a deal with Shearwater GeoServices to transfer its vessel assets. CGG and Shearwater signed a binding term sheet in June, which sees Shearwater took over five high-end […]
January 9th, 2020 Grant Rowles Europe, Offshore 0 comments Offshore driller Transocean has announced several new contracts and extensions in what it says is an improving market. The contracts, made up of five new contracts and five extensions, are worth $352.9m. In the US Gulf of Mexico, drillship Discoverer Inspiration has gone on contract with […]
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