![Norway: Havila Shipping Acquires More Shares in Havila Commander and Havila Crusader PSV]()
Havila Shipping ASA has entered an agreement to acquire 23% of the shares in Havila PSV DIS, bringing the company’s ownership to 97%. Havila PSV DIS owns the two PSVs Havila Commander and Havila Crusader, which are leased to Havila Shipping on 8-year bareboat leases. Havila Shipping acquired 74% of Havila PSV DIS in July [...]
![Shipping Corporation of India to Hive-off Offshore Division into Separate Subsidiary]()
Shipping Corporation of India, the country’s largest shipping firm by fleet size, will hive-off its offshore business into a separate … Source: economictimes Source: economictimes, August 12, 2011.
![Norway: Farstad Shipping Sells PSV Vessel Lady Christine]()
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, reached an agreement to sell the PSV vessel ‘Lady Christine’ (1985, ME 202, 2.368 DWT). Delivery of the vessel to the new owner is expected to take place in October 2011. Sale of the vessel will give a booked profit of [...]
July 4, 2011 | Posted in
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Read More » ![Havila Shipping Acquires Ownership Interest in Five PSVs]()
On 27 June 2011, Havila Shipping ASA entered into an agreement with its controlling shareholder Havila AS and Havila AS’ wholly-owned subsidiary Havvåg AS for the purpose of transferring Havila AS’ indirect ownership interests in the five platform supply vessels MV Havila Fortune, MV Havila Aurora, MV Havila Borg, MV Havila Commander and MV Havila [...]
![Norway: Kleven Maritime to Build Seismic Ship for Sanco Shipping]()
Sanco Shipping AS has signed a contract with Kleven Maritime for one seismic ship with an option for additionally one. With this contract, the order reserve stands at 11 ships with a combined value of about 4.2 billion NOK. Kleven Maritime, Norway’s biggest Norwegian-owned shipbuilding group, has since the beginning of May announced three new [...]
June 9, 2011 | Posted in
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Read More » ![India’s Varun Shipping to Supply Three AHTS Vessels to Petrobras, Brazil]()
Varun Shipping Company has signed Rs 690 crore (USD 153 million) four year contract with Brazil state firm Petrobras to supply three … Source: MoneyControl Source: Money Control, May 18, 2011;
May 18, 2011 | Posted in
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Read More » ![Norway: Olympic Shipping Orders New MPSV from Kleven Maritime]()
Olympic Shipping contracts a new ship at Kleven Maritime at a value of 380 million NOK (USD 69 million). With this contract, Kleven Maritime’s order reserve increases to 10 vessels at a combined value of 3.7 billion NOK. The Olympic Shipping contract manifests Kleven Maritime’s position as the country’s largest Norwegian-owned shipbuilding group. This [...]
May 12, 2011 | Posted in
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Read More » ![Brazil: Petrobras Charters Two PSVs from Olympic Shipping]()
Olympic Ship has entered into long term contracts with Petrobras Brazil for the PSV`s Olympic Elena (MT6009) and Olympic Promoter (UT755). The firm contract period is 4 years with further options for 4 x 1 year . The contracts have been entered into on market terms. The Olympic group of companies is an owner [...]
May 6, 2011 | Posted in
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Read More » ![Norway: Havila Shipping Announces 1Q 2011 Results]()
Havila Shipping ASA achieved a result before tax of NOK -25,5m in Q1 2011, compared with NOK -14,8m in Q1 last year. Total revenue amounted to NOK 309.6 million in the 1st quarter of 2011 of which NOK 51.4 is profit from sale of Havila Saturn. Total revenues for corresponding period last year were [...]
![Ulstein CEO Wins Seatrade Young Person in Shipping 2011 Award (UK)]()
Earlier this week the CEO of Ulstein Group, Gunvor Ulstein was in London to receive an award for young prominent leaders. She was awarded the Seatrade Young Person in Shipping 2011 Award in recognition of her exemplary career in the shipping and offshore sector, as a role model for young people considering a career [...]
