Search results for: oceanteam

232 results

A list of search results

  • 24 April 2012
    Business & Finance

    Oceanteam Shipping ASA has announced that it’s new Lay Vessel, CSV North Ocean 105 which is jointly owned with J Ray McDermott (Norway) AS, has been delivered on time and has immediately commenced a five year time charter. The company’s fleet of CSVs now consists of four partially owned North Ocean Series concept vessels. “We […]

  • 13 January 2017
    Business & Finance

    Oceanteam said that its joint venture partner McDermott will exercise its option to purchase Oceanteam’s 25 percent ownership in the vessel-owning company North Ocean 105 AS by the end of April 2017. As part of the understanding with its bondholders and that was announced on January 11, 2017, Oceanteam will use the proceeds for repayments of vendors and […]

  • 2 March 2020
    Project & Tenders

    Oceanteam Solutions has secured a three-year contract to rent its 4000Te carousel for Global Marine Group’s vessel. According to Oceanteam, the 4000Te carousel will be customized with a smaller basket and grillage outer diameter to fit the vessel. The company has already started on the engineering and modification of the carousel. Mobilization and demobilization of […]

  • 7 May 2020
    Infrastructure, Vessels

    Construction support vessel Bourbon Oceanteam 101 has completed work in Angola under its charter agreement and is preparing for its next contract.

  • 24 April 2013
    Business & Finance, Equipment, Project & Tenders

    Oceanteam Shipping has been awarded a contract to supply LS Cable – a leading supplier of a wide range of industrial specialty cables – a certified 4000t modular carousel system, 10t tensioner and accompanying equipment for a two-year project. The carousel and additional equipment will be used for the transportation of 2 x 50km of […]

  • 28 March 2018
    Business & Finance

    The article has been updated on April 3, 2018, to include responses from Lex van Doorn, and Torbjørn Skulstad who deny allegations made by Halbesma family. Dutch-Norwegian offshore vessel owner Oceanteam has appointed interim CEO after Haico Halbesma earlier this month tendered his resignation. In a stock exchange filing on Tuesday Oceanteam said Meindert van Genderen […]

  • 18 December 2014
    Business & Finance, Project & Tenders

    Oslo-listed Oceanteam Shipping has completed the transfer of its 50% ownership stake in the to date jointly owned Pipelay Vessel North Ocean 102 to J. Ray McDermott Norway. The company said that the proceeds from the sale will go towards a USD 35 million amortization on Oceanteam’s bond loan debt due in April 2015 and […]

  • 5 July 2007

    Oceanteam Power & Umbilical ASA announced today that it has signed a Letter of Intent with Oceanteam Holding B.V. with the objective to purchase its Joint Venture Operations in Mexico.

  • 30 July 2015
    Business & Finance, Storage

    Oceanteam Shipping ASA has acquired the remaining 48% stake in OCEANWIND BV and is now the sole owner of Oceanwind Cable Storage & Handling Solutions. As a result of the acquisition the company’s name will be changed to Oceanteam Cable Solutions, whereby it can now fully focus and grow its worldwide cable transport, handling and […]

  • 6 August 2012
    Business & Finance

    OTS and Bourbon Offshore Norway conclude a USD 147 million credit facility for the refinancing of two offshore construction vessels. Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN, DVB Bank SE and NIBC Bank N. V. The […]

  • 13 February 2008

    Operating result is negative with EUR 3.98 mill. Net result is negative with EUR 6.65 mill. Oceanteam takes delivery of the Bourbon Oceanteam 101 and experienced delay on hire to BP Angola.

  • 15 January 2018
    Business & Finance, Project & Tenders

    Oceanteam has concluded the sale of its engineering and consultancy company KCI the Engineers B.V. to Royal IHC. The transaction, under the terms of which IHC acquires all of the outstanding share capital of KCI, has been closed on Monday, January 15, 2018. The transaction has been closed through signing of the Sale and Purchase Agreement and ancillary documents, […]

  • 27 May 2015
    Business & Finance, Equipment, Operations & Maintenance

    Norway’s Oceanteam has booked a net loss of $0.4 million for the first quarter ended March 31, 2015, as the revenues dropped on lower demand. The Oslo-listed company, comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions, generated $14.3 million in operating revenues, down approximately 5% compared to the same period last year. Oceanteam Shipping recorded […]

  • 3 January 2018
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Oceanteam and Royal IHC have signed a contract by which IHC will acquire all of the outstanding share capital of Oceanteam’s Dutch-based engineering and consultancy company KCI The Engineers.

  • 21 October 2016
    Business & Finance

    Norwegian-Dutch offshore service provider Oceanteam is in the process of developing a restructuring plan that will secure a capital cost and structure and support the company’s financial flexibility.  The company, which is comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions, said on Friday it has initiated constructive dialogue with its stakeholders to shape its […]

  • 21 November 2013
    Business & Finance

    Oceanteam Shipping ASA (OTS) confirmed the extension of tha bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until the end of 2018. The extension of the bareboat charter will further strenghten Oceanteam’s contract backlog and secure future earnings. The original charter was set to expire at the end of 2015. CSV […]

  • 21 November 2013
    Business & Finance

    Oceanteam Shipping ASA (OTS) confirms the extension of the bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until the end of 2018. The extension of the bareboat charter will further strengthen Oceanteam’s contract backlog and secure future earnings. The original charter was set to expire at the end of 2015. CSV […]

  • 3 September 2007

    Oceanteam Power & Umbilical ASA announced today that it has signed a Heads of Agreement to acquire 60 per cent of a new Subsea Services company against investment within the company. The company will be renamed to Oceanteam Subsea Services Ltd.

  • 19 February 2012
    Business & Finance

    A Norwegian offshore shipping company Oceanteam Shipping ASA has secured an  extension of a bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until end 2015. The original charter with the Fugro’s subsea services division in Australia expired end 2013. The companies did not reveal commercial term of the contract. Southern Ocean is […]

  • 6 August 2012
    Business & Finance

    Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN, DVB Bank SE and NIBC Bank N. V. The vessels are owned 50/50 with Bourbon Offshore Norway AS. “We are pleased with the refinancing of two of our prime […]

  • 26 March 2014

    Oceanteam Shipping ASA announced today that it has founded together with Grupo Diavaz a new shipping company named ‘DOT Shipping’. DOT Shipping will focus on providing high-end vessel solutions for the Mexican market. Details of the transaction remain confidential and further details on DOT Shipping will be disclosed in the coming period. Oceanteam Shipping ASA is an offshore shipping company. […]

  • 25 August 2016
    Business & Finance, Equipment, Operations & Maintenance

    Norway-based Oceanteam has posted net profit attributable to owners of the company of close to $100 000 for the second quarter ended June 30, 2016, bouncing back from $1.5 million loss same time last year. The Oslo-listed company, comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions, generated $16.8 million in operating revenues, down […]