Search results for: WWS

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  • 2 November 2015

    Norwegian owner of offshore supply vessels, World Wide Supply (WWS), has accused Petrobras, the national oil company of Brazil, for an unlawful contract termination. Petrobras in September terminated two of the four long-term platform supply vessels charters it had with WWS. On September 16 Worldwide Supply AS received notice of termination of two the two […]

  • 4 March 2016

    Two of World Wide Supply’s platform supply vessel (PSVs) under contracts with Petrobras in Brazil have been blocked by Brazilian local tonnage thus jeopardizing the contracts. If these two lose their contracts, WWS will have no more active vessels.  World Wide Supply said on Friday the company has received a message that its two remaining vessels on […]

  • 4 November 2016
    Business & Finance

    After sending its last active vessel to layup in October, offshore service vessel company World Wide Supply (WWS) is facing a ‘major financial risk’ due to a breach of its obligations under the loan agreement. According to its 3Q 2016 report on Friday, WWS is confronting a ‘major financial risk’ as it has not paid […]

  • 26 May 2016
    Business & Finance

    Norwegian offshore ship supplier World Wide Supply (WWS) has received somewhat positive news from Brazil. Namely, there is a possibility the company might keep two of its vessels busy working for Petrobras, however, not for long. The company, established six years ago, on Thursday made reference to its notice from March 2016, when World Wide […]

  • 25 January 2017
    Business & Finance

    S.D. Standard Drilling has secured 15.6% ownership in New World Supply, a Cayman Island exempted company that, through its wholly owned subsidiaries, owns six platform supply vessels. The company recently increased its fleet to ten PSVs after buying three large Norwegian-built PSVs from Volstad Shipping. Standard Drilling said on Wednesday that the six new vessels are all […]

  • 18 October 2016

    Offshore service vessel company World Wide Supply (WWS) is about to see its whole fleet laid up as the company’s last two active vessels are now without contracts.  Namely, WWS said on Tuesday that the last two vessels on charter to Petrobras, World Emerald and World Sapphire, have now been redelivered to the owner following a […]

  • 26 November 2015

    World Wide Supply (WWS), a Norwegian offshore vessel owner, will not pay an interest payment due November 27, 2015.   In an Oslo Bors filing on Thursday, the company said it was “in default of some of its obligations under the bond agreement.” The company said its available liquidity is limited and the current financial […]

  • 14 March 2014
    Business & Finance

    The official christening of the ‘World Sapphire’ has marked the completion of a six-ship order whereby Damen Shipyards has delivered six Platform Supply Vessels to Norwegian company World Wide Supply AS in just six months. The Damen PSV 3300 features a radical design rethink, with a wave piercing bow, slender hull lines and diesel electric […]

  • 16 December 2011
    Business & Finance

    Newly founded offshore support company World Wide Support (WWS) has ordered four PSV 3300 CD’s with Damen Shipyards. The PSV 3300 CD, built according to Damen’s E3 principles, is a newly designed platform supply vessel for servicing oil and gas rigs worldwide and is specifically designed to perform safely and economically in adverse weather conditions. […]

  • 29 October 2013

      Damen Shipyards Galati has handed over the third Platform Supply Vessel in a series of six to World Wide Supply of Norway. This six-ship order heralds a new era in offshore construction for Damen Shipyards Group. World Pearl is built to Damen’s entirely new PSV 3300 design. The first of the Class PSV 3300, […]

  • 14 March 2014

    The official christening of the ‘World Sapphire’ marks the completion of a six-ship order whereby Damen Shipyards has delivered six Platform Supply Vessels to Norwegian company World Wide Supply AS in just six months.   The Damen PSV 3300 features a radical design rethink, with a wave piercing bow, slender hull lines and diesel electric […]

  • 29 August 2013
    Business & Finance

    Damen Shipyards Galati has handed over the second Platform Supply Vessel in a series order heralding a new era in offshore construction for Damen Shipyards Group. World Peridot, built to Damen’s innovative PSV 3300 design, has been delivered to World Wide Supply as part of the Norwegian owner’s latest commitment to cutting edge, modern tonnage. […]

  • 7 February 2012
    Business & Finance

    Norwegian ship owner World Wide Supply (WWS) has ordered another two PSV 3300 CD’s from Damen Shipyards. The two platform suppliers are added to the four that WWS announced to be built in December 2011. The extra vessels will be delivered end of 2013 and operated by Remøy Management AS. Mr. Ståle Remøy, Managing Director […]

  • 7 February 2012
    Business & Finance

    World Wide Supply (WWS), a newly established Norwegian shipowner, has ordered another two PSV 3300 CD’s from Dutch-based Damen Shipyards. The two platform suppliers are added to the four that WWS announced to be built in December 2011. The extra vessels will be delivered end of 2013 and operated by Remøy Management AS. Mr. Ståle […]

  • 6 December 2013

    Damen Shipyards Group has delivered the fifth Platform Supply Vessel in a series of six to World Wide Supply of Norway.   World Opal is a Damen PSV 3300 CD. The first ship, World Diamond, was delivered in July and the last in the series ‘World Sapphire’ is due to be delivered mid-December. Delivery of […]

  • 29 August 2013

    Damen Shipyards Galati has handed over the second Platform Supply Vessel in a series order heralding a new era in offshore construction for Damen Shipyards Group. World Peridot, built to Damen’s innovative PSV 3300 design, has been delivered to World Wide Supply as part of the Norwegian owner’s latest commitment to cutting edge, modern tonnage. […]

  • 16 December 2011

    The Dutch shipbuilder, Damen Shipyards Group, has agreed with Norwegian shipowner World Wide Supply (WWS) to build 4 Platform Supply Vessels of the design “Damen PSV 3300 CD”. The vessels will be delivered from Damen`s shipyard in Romania from June to December 2013 and has a contract value of € 95 million. The vessels will […]

  • 29 August 2013

    Galati August 22nd, 2013. Damen Shipyards Galati has handed over the second Platform Supply Vessel in a series order heralding a new era in offshore construction for Damen Shipyards Group. World Peridot, built to Damen’s innovative PSV 3300 design, has been delivered to World Wide Supply as part of the Norwegian owner’s latest commitment to […]

  • 13 March 2013
    Research & Development

    New York Gov. Andrew Cuomo will soon decide whether to approve hydraulic fracturing for natural gas in the state. To date, no alternative to expanded gas drilling has been proposed. But a new study finds that it is technically and economically feasible to convert New York’s all-purpose energy infrastructure to one powered by wind, water […]

  • 2 July 2013

    Damen Shipyards Galati has delivered the ‘World Diamond’, the first of six Platform Supply Vessels for Norwegian offshore owner World Wide Supply, built to an entirely new Damen design. The World Diamond was christened by godmother Her Royal Highness Crown Princess Margarita of Romania on June 28th, in a yard ceremony attended by 150 guests. […]

  • 3 June 2014
    Business & Finance, Operations & Maintenance

    International oilfield services company, Expro, posted strong business growth and enhanced safety performance, for the fiscal year ending March 31, 2014. Revenue increased 15.3% to $1.4bn, headline EBITDA grew 32.4% to $384.9m compared to the fiscal year ending March 31, 2013, while safety performance closed well ahead of industry benchmarks. Growth for the fiscal year […]

  • 16 December 2011
    Business & Finance

    The Dutch shipbuilder, Damen Shipyards Group, has agreed with Norwegian shipowner World Wide Supply (WWS) to build 4 Platform Supply Vessels of the design “Damen PSV 3300 CD”. The vessels will be delivered from Damen`s shipyard in Romania from June to December 2013 and has a contract value of € 95 million. The vessels will […]