Search results for: World Wide Supply

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  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 21 September 2015
    Business & Finance

    World Wide Supply AS, a company providing offshore shipping services for the global petroleum industry, has received notice of early termination of contracts for two of its platform supply vessels (PSVs) from Brazilian oil and gas giant Petrobras.  Namely, the contracts were terminated for two 2013-built PSVs, the World Opal and the World Peridot. The vessels […]

  • 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 […]

  • 3 June 2016

    Following recent approval granted to Petrobras to keep one of World Wide Supply’s PSVs working for the oil company, Petrobras has received approval to keep World Wide Supply’s other blocked vessel, the World Sapphire, for another 60 days.  Petrobras made an application to the Agencia Nacional de Transportes Aquaviarios (ANTAQ) to be allowed to keep the vessels on charter […]

  • 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 […]

  • 22 March 2017

    S.D. Standard Drilling has increased its stake in a company which owns six platform suppliers previously owned by World Wide Supply, a financially distressed offshore vessel owner. S.D. Standard Drilling informed on Wednesday it has entered into an agreement with Royal London Asset Management (RLAM) to acquire 2,500,000 shares in New World Supply (NWS), corresponding […]

  • 16 April 2015
    Business & Finance

    Norwegian supplier of offshore support vessels World Wide Supply AS, has announced an appointment of new Chief Executive Officer. Jostein Sætrenes will hand over the position as CEO of the company to Frede Uldbæk. The company has explained that the reason for the CEO change is that Sætrenes wants to focus on other tasks, especially the further […]

  • 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 […]

  • 12 November 2013

    Damen Shipyards Group has recently delivered the fourth Platform Supply Vessel in a series of six to World Wide Supply of Norway. World Emerald is a Damen PSV 3300 CD. The first ship, World Diamond, was delivered in July. The fifth PSV ‘World Opel’, will be handed over in a few weeks and the last […]

  • 28 June 2013
    Business & Finance

    The first deliveries from Damen Shipyards Group’s extensive new offshore portfolio open the way to the realisation of the global group’s strategic ambition to challenge comfortable preconceptions on how best to source high performance ships in this specialised market. The first of six Damen PSV 3300 vessels, built for Norwegian offshore support company World Wide […]

  • 27 May 2015
    Business & Finance

    World Wide Supply, a Norwegian offshore service vessel company, has laid up two platform supply vessels due to a weak offshore spot market. The World Diamond and World Pearl vessels, both PSVs of the DAMEN PSV 3300 CD design, served a contract for GDF Suez in the North Sea through January and half of the February this year, […]

  • 12 November 2013
    Business & Finance

    Damen Shipyards Group has recently delivered the fourth Platform Supply Vessel in a series of six to World Wide Supply of Norway. World Emerald is a Damen PSV 3300 CD. The first ship, World Diamond, was delivered in July. The fifth PSV ‘World Opel’, will be handed over in a few weeks and the last […]

  • 2 July 2013
    Business & Finance

    Galati June 28th, 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 […]

  • 23 January 2013
    Business & Finance

    Damen Shipyards Galaţi has launched on 18-th of January 2013, the hull number 1230 “World Diamond”, Platform Supply Vessel. This vessel is part of a contract for 6 fully equipped PSV-s which have been ordered to Damen Group by the Norwegian owners from “World Wide Supply” company. Hull number 1230 is the first from the […]

  • 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, World […]

  • 6 December 2013
    Business & Finance

    Damen Shipyards Group deliverd the fifth Platform Supply Vessel in a series of six to World Wide Supply of Norway on December 5. 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.  Meeting […]

  • 6 December 2013

    Damen Shipyards Group yesterday delivered the fifth Platform Supply Vessel in a series of six to World Wide Supply of Norway. World Opal, a Damen PSV 3300 CD, is 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 the […]

  • 28 June 2013

    The first deliveries from Damen Shipyards Group’s extensive new offshore portfolio open the way to the realisation of the global group’s strategic ambition to challenge comfortable preconceptions on how best to source high performance ships in this specialised market.

  • 29 October 2013
    Business & Finance

    Damen Shipyards Galati has handed over the third Platform Supply Vessel in a series of six to World Wide Supply of Norway. World Pearl is built to Damen’s entirely new PSV 3300 design. The first of the Class PSV 3300, World Diamond, was delivered in July to the Norwegian company. “Delivery of the first PSV […]