Bermuda-headquartered Nordic American Offshore (NAO) has been awarded a two-year fixed contract for the Platform Supply Vessel (PSV) built in 2015, 'NAO Viking'.
Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start to return.
CMA CGM has released its third quarter results saying that volumes have risen 5.5 percent and revenue is up 6.3 percent compared to the third quarter in 2017
The European Parliament's Committee on Transport and Tourism and the Industry Committee voted to raise the general envelope of the Connecting Europe Facility (CEF) transport budget by €7bn to €33.51bn.
Dutch offshore construction and engineering company HFG intends to divest a significant part of its activities in the field of design and fabrication of complex steel constructions for the offshore market
