Tidewater & GulfMark Consolidation Creates Largest OSV Fleet
VesselsValue's Head of Offshore Charlie Hockless weighs in on the merger between Tidewater and GulfMark."The consolidation between GulfMark and Tidewater is a positive for the market. With Tidewater’s steadfast and unyielding attitude towards the scrapping of non-performing vessels, this is a good chance for the market to reduce some of its oversupply. Hopefully with this new entity taking the lead…
Daewoo Shipbuilding: Deal Revised to Build Just One Container Ship for $90 mln
Daewoo Shipbuilding & Marine Engineering said its contract with an European shipowner was amended to build one ship from three ships.The renewed deal is worth 102 billion won ($90.24 million), accordi
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