Siem Offshore

Akastor ASA: Restructuring of DDW Offshore completed

Retrieved on: 
Monday, October 12, 2020
Shipping, Shipbuilding, Anchor handling tug supply vessel, Water transport, Freight transport, Offshore, Siem Offshore, Farstad Shipping

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.

Key Points: 
  • Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.
  • The company has a flexible mandate for active ownership and long-term value creation.
  • DDW Offshore owns five modern Anchor Handling Tug Supply (AHTS) vessels with capability to operate and support clients on a world-wide basis.
  • The vessels are specially designed to perform anchor-handling, towing, and supply services at offshore oil and gas fields.

Akastor ASA: Restructuring of DDW Offshore completed

Retrieved on: 
Monday, October 12, 2020
Shipping, Shipbuilding, Anchor handling tug supply vessel, Water transport, Freight transport, Offshore, Siem Offshore, Farstad Shipping

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.

Key Points: 
  • Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.
  • The company has a flexible mandate for active ownership and long-term value creation.
  • DDW Offshore owns five modern Anchor Handling Tug Supply (AHTS) vessels with capability to operate and support clients on a world-wide basis.
  • The vessels are specially designed to perform anchor-handling, towing, and supply services at offshore oil and gas fields.

Hermitage Offshore Services Ltd. (NYSE:PSV) Announces Sale of Two Anchor Handling Tug Supply Vessels

Retrieved on: 
Tuesday, August 11, 2020
Shipping, Water transport, Freight transport, Anchor handling tug supply vessel, Shipbuilding, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has sold its two anchor handling tug supply vessels (the Transaction).

Key Points: 
  • HAMILTON, Bermuda, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has sold its two anchor handling tug supply vessels (the Transaction).
  • Following the Transaction, there is no outstanding liability of the Company or its subsidiaries under the $9.0 million term loan facility with DVB Bank SE.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 21 vessels consisting of 10 platform supply vessels, or PSVs and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea and the West Coast of Africa.

Hermitage Offshore Services Ltd. (NYSE:PSV) Announces 10-Day Extension of Forbearance Agreement with the Lenders to its $132.9 Million Term Loan Facility

Retrieved on: 
Monday, August 3, 2020
Shipping, Shipbuilding, Anchor handling tug supply vessel, Water transport, Offshore engineering, Petroleum production, Freight transport, Platform supply vessel, Siem Offshore, Ulstein Group

Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.

Key Points: 
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea and the West Coast of Africa.
  • Additional information about the Company is available at the Companys website www.hermitage-offshore.com, which is not a part of this press release.
  • The words believe, expect, anticipate, estimate, intend, plan, target, project, likely, may, will, would, could and similar expressions identify forwardlooking statements.

Hermitage Offshore Services Ltd. Announces First Quarter Earnings Release date of June 4, 2020

Retrieved on: 
Tuesday, June 2, 2020
Shipbuilding, Anchor handling tug supply vessel, Shipping, Maritime transport, Water transport, Offshore engineering, Petroleum production, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, June 02, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that it plans to issue its first quarter of 2020 earnings after the market close on Thursday, June 4, 2020.

Key Points: 
  • HAMILTON, Bermuda, June 02, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that it plans to issue its first quarter of 2020 earnings after the market close on Thursday, June 4, 2020.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea or the West Coast of Africa.
  • Additional information about the Company is available at the Company's website www.hermitage-offshore.com , which is not a part of this press release.

Hermitage Offshore Services Ltd. (NYSE:PSV) Receives Continued Listing Notice from NYSE

Retrieved on: 
Friday, April 10, 2020
Shipbuilding, Anchor handling tug supply vessel, Maritime transport, Shipping, Water transport, Platform supply vessel, Siem Offshore

Pursuant and subject to the NYSEs rules, the Company has a 6-month cure period following receipt of the NYSE notice to regain compliance with the NYSEs minimum share price requirement.

Key Points: 
  • Pursuant and subject to the NYSEs rules, the Company has a 6-month cure period following receipt of the NYSE notice to regain compliance with the NYSEs minimum share price requirement.
  • During this time, the Companys common stock will continue to be listed and trade on the NYSE.
  • As required by the NYSE, the Company has notified the NYSE of its intent to cure the deficiency and restore its compliance with the NYSE continued listing standards.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.

Hermitage Offshore Services Ltd. Announces Fourth Quarter Earnings Release date of February 27, 2020

Retrieved on: 
Tuesday, February 18, 2020
Shipbuilding, Anchor handling tug supply vessel, Shipping, Maritime transport, Water transport, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that it plans to issue its fourth quarter of 2019 earnings after the market close on Thursday, February 27, 2020.

Key Points: 
  • HAMILTON, Bermuda, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that it plans to issue its fourth quarter of 2019 earnings after the market close on Thursday, February 27, 2020.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea or the West Coast of Africa.
  • Additional information about the Company is available at the Company's website www.hermitage-offshore.com , which is not a part of this press release.

Hermitage Offshore Services Ltd. Announces Purchase of Common Shares by Scorpio Services Holding Limited

Retrieved on: 
Tuesday, November 26, 2019
Shipbuilding, Anchor handling tug supply vessel, Maritime transport, Shipping, Water transport, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that Scorpio Services Holding Limited, a related party, has purchased 15,647 common shares of the Company at an average price of $1.55 per share in the open market.

Key Points: 
  • HAMILTON, Bermuda, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that Scorpio Services Holding Limited, a related party, has purchased 15,647 common shares of the Company at an average price of $1.55 per share in the open market.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea or the West Coast of Africa.
  • Additional information about the Company is available at the Company's website www.hermitage-offshore.com, which is not a part of this press release.

Hermitage Offshore Services Ltd. Announces Purchase of Common Shares by Scorpio Services Holding Limited

Retrieved on: 
Monday, November 25, 2019
Shipbuilding, Anchor handling tug supply vessel, Maritime transport, Shipping, Water transport, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that Scorpio Services Holding Limited, a related party, has purchased 27,500 common shares of the Company at an average price of $1.55 per share in the open market.

Key Points: 
  • HAMILTON, Bermuda, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that Scorpio Services Holding Limited, a related party, has purchased 27,500 common shares of the Company at an average price of $1.55 per share in the open market.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea or the West Coast of Africa.
  • Additional information about the Company is available at the Company's website www.hermitage-offshore.com, which is not a part of this press release.

Hermitage Offshore Services Ltd. Announces Purchase of Common Shares by Scorpio Services Holding Limited

Retrieved on: 
Friday, November 22, 2019
Shipbuilding, Anchor handling tug supply vessel, Maritime transport, Shipping, Water transport, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, Nov. 22, 2019 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that Scorpio Services Holding Limited, a related party, has purchased 84,602 common shares of the Company at an average price of $1.59 per share in the open market.

Key Points: 
  • HAMILTON, Bermuda, Nov. 22, 2019 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that Scorpio Services Holding Limited, a related party, has purchased 84,602 common shares of the Company at an average price of $1.59 per share in the open market.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea or the West Coast of Africa.
  • Additional information about the Company is available at the Company's website www.hermitage-offshore.com, which is not a part of this press release.