GC Rieber Shipping has agreed a time charter agreement with Senvion for the construction support vessel (CSV) Polar Queen for use on offshore wind farms. The contract is for a fixed period of seven months with options to extend by up to three months…
GC Rieber Shipping has secured a time charter agreement with Technip Angola for the SURF vessel Polar Onyx. The vessel will conduct SURF and construction duties in Angola. The charter commences prompt and lasts for up to two months. The…
GC Rieber Shipping firm Dolphin Geophysical has entered into an agreement for seismic acquisition and processing services offshore the Romanian coast of the Black Sea. The agreement includes the delivery of a fast track 3D volume, for Black Sea Oil & Gas and its co-venture partners…
GC Rieber Shipping has secured a cable lay charter with marine solutions and specialist engineering service provider James Fisher Marine Services for the SURF vessel Polar Onyx for services in the UK North Sea. The charter commences prompt and with options may last in excess of one month…
UK-based subsea inspection, repair and maintenance firm Harkand has gone into administration. In a recorded message left by the firm on its phone line, the company said that on Wednesday, 4 May, staff from Deloitte had been appointed…
Owners of significant floating assets are continuing to feel the pinch in the offshore market as rates sink to “unsustainable levels.” Floating production specialist BW Offshore says it is cutting its onshore staff by 35%, while Norwegian…
Norway-based geoscience firm Dolphin Geophysical has filed for bankruptcy just days after warning it had struggled to restructure its debt and capital structure. The firm, whose shares halved last Thursday after it warned it could have to file for insolvency…
Norway-based geoscience firm Dolphin Group has said it may be forced into insolvency if it is not able to restructure its business. The firm, which owns Dolphin Geophysical, saw shares halve in trading this morning, following its announcement…
GC Rieber has found a new contract for the Polar Onyx after it took back the vesesl from failed business Ceona and agreed to take ownership of the VLS tower on the vessel from administrators. GC Rieber Shipping had terminated the charter…
Norway-based Dolphin Geophysical and Bergen-based GC Rieber Shipping entered into multi million-dollar deals that include an early redelivery and improved vessel terms of an overall restructuring agreement to improve Dolphin’s competitiveness in today’s challenging market…
The geoscience segment of the offshore oil and gas industry was first to be hit, when oil prices took a nose dive from 2H last year. Results from two of the main geoscience players this morning confirm a broad industry outlook that the pain is set to continue well into 2016…
UK-based Ceona and several of its companies have filed for administration. Preston. Image from Ceona. In all, Ceona Ship Holdings, Ceona Ship 1, Ceona Equipment, Ceona Services (UK)…
GC Rieber Shipping has taken delivery of its seismic new-build Polar Empress, from Kleven-owned Myklebust Verft. The vessel is chartered on a five-year contract to Dolphin Geophysical. Polar Empress is a high-capacity 3D seismic vessel with ice-class 1A…
As the oil and gas industry reacts to the continued downturn in prices, even the seismic vessels market is taking great pains to trim the fleet and stay competitive. Elaine Maslin surveys the market. GC Rieber delivered the Polar Empress…
Rotterdam was home to three giants of the sea in early March – offshore industry flagships, not least Allseas’ newly renamed Pioneering Spirit. Elaine Maslin took a tour. Pioneering Spirit’s lifting beams loom from its bows…
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