Latest news from Heavy Lift & Project Forwarding International Magazine

POSH sets up in Brunei

PACC Offshore Services (POSH) has established a Brunei-based associated company.

Singapore-headquartered POSH provides marine services for the offshore oil and gas supply chain. The associated company – POSH Darussalam – will charter and operate vessels.

Last week, POSH posted a loss of USD12.7 million for the first quarter ended March 31; for the same period of 2018 it saw losses of USD7.2 million.

Revenue fell 12 percent to USD61.8 million from USD70.6 million in the first quarter of 2018; it attributed the decline to lower contributions from its offshore accommodation (OA) segment. This was partially offset by higher revenue in its offshore supply vessel, transportation and installation, and harbour services and emergency response business units.

www.posh.com.sg

 

 

Heavy Lift | News

Challenges facing towage and offshore operators thumbnail image

Challenges facing towage and offshore operators

September 20 - Sandro Lipani, director chartering and operations for Malta-based Augustea Maritime Transportation, discusses some of the challenges of operating in the towage and offshore support sector.
Views: 359
Allseas wins decommissioning work thumbnail image

Allseas wins decommissioning work

September 20 - Allseas has been awarded a contract for the removal, transfer, load in and disposal of the Gyda platform in the Norwegian part of the North Sea.
Views: 245
Innovation overhauled thumbnail image

Innovation overhauled

September 20 - DEME’s offshore installation vessel Innovation has undergone a major refit at Damen’s Verolme shipyard in Rotterdam.
Views: 260
Sun shines with Chipolbrok thumbnail image

Sun shines with Chipolbrok

September 20 - Chipolbrok has delivered a range of heavy and oversized components using its vessel Chipolbrok Sun, including 56 wind turbine tower sections in Piteå, Sweden.
Views: 251

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.