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Shell looking to get rid of North Sea assets

Oil giant Royal Dutch Shell is reportedly in talks to sell some of its North Sea assets following completion of its takeover of a rival oil and gas producer, BG Group, which made Shell one of the world’s largest foreign stak...

29/03/2016 Read

Hanjin Shipping moves forward with sale of London office

South Korean shipping company Hanjin Shipping has agreed the sale of its office building in London as it fights to resolve its tough financial situation, the company said in a stock filing. The assets are being sold f...

29/03/2016 Read

Orders at Chinese yards tumble in first two months of 2016

The Chinese shipbuilders have had a rough year start with orders plunging by 75.1 % during the first two months of 2016 when compared to the order intake recorded last year. Specifically, the Chinese yards received orders amounting to 950,000 dwt...

29/03/2016 Read

Fugro Seacore to recover Rampion Lattice Met Mast

E.ON has filed an application to the Marine Management Organisation (MMO) to remove lattice met mast that collapsed at the Rampion offshore wind farm site. The lattice met mast collapsed in 2014 and sunk to the seabed alongside the met mast platfo...

29/03/2016 Read

Bibby Offshore awards IMES rigging and wire rope gig

Subsea services specialist Bibby Offshore has awarded a frame agreement for rigging equipment inspection and wire rope management to Aberdeen-based marine and subsea business IMES. The agreement, potentially worth a seven-figure sum, has a duratio...

29/03/2016 Read

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