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Seabrokers News

08 Dec 2019

Offshore: OSV Market Report

Photo courtesy Ulstein Group/Marius Beck Dahle

The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic slowdown – whether cyclical or induced by a trade war – have weighed heavily on oil prices, even in the face of reduced production by the big producers. Though storm clouds persist, there appears a clearing on the horizon.The fate of Offshore Service Vessels (OSVs) is, naturally, closely tied to the price of oil. Seacor Marine’s John Gellert, in reviewing its Q2 results, said: “Activity levels in the U.S.

08 Apr 2019

OSV Market: Which Way is Up?

OSV "THUNDER" owned by Jackson Offshore serving floater "DEEPWATER CONQUERER"
Source: Jackson Offshore

Any analysis of markets for offshore service vessels (OSV) usually begins with analogies to rough weather, best of times/worst of times or similar. OSV expert Seabrokers, with a home base in Stavanger, Norway, in the February edition of its Seabreeze market report follows this convention with a description of the “feast or famine” conditions in the North Sea. Recent day rate action highlights the localized nature of markets for anchor handlers (AHT), platform supply vessels (PSVs) and similar equipment…

06 Dec 2016

Myklebust Appointed CEO of Viking Supply Ships

The Board of Directors of Viking Supply Ships AB has appointed Trond Myklebust as Chief Executive Officer (CEO). Myklebust will also act as CEO in Viking Supply Ships A/S, and will take over the responsibilities as CEO in both companies ultimo January. Myklebust is currently employed as CEO of Fjord Shipping AS. A Master Mariner from Aalesund University College, he has extensive experience from the Offshore industry, most notably from his position as Managing Director of Bourbon Norway and ship broker and General Manager within Seabrokers. He has also been Managing Director of Kongsberg Evotec and has a long career as Chief Officer and Master within the Norwegian Coastguard and Remøy/Havila. With effect as of the same date, Bengt A.

16 Oct 2013

Heidmar Appoints Ognibene Interim CEO

(Photo: www.heidmar.com)

Heidmar’s Board of Directors. reacted swiftly to the untimely death of CEO Marc La Monte, appointing Ben Ognibene to the position of interim Chief Executive Officer. Ognibene became Heidmar’s COO in July 2013. That promotion followed a long and successful career at almost every level of the company’s Pool management business, during which time he worked closely with both Pool partners and more recently chartering clients. Ognibene started at Heidmar in 2004 focusing on the creation of Heidmar’s Aframax Pool, Sigma Tankers.