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Read all the latest news about DOF Subsea. ShippingWatch gives you independent, credible, critical and fair news.

Creditors extend offshore carrier's debt payments

Dof Subsea, which is struggling to settle a restructuring plan, has agreed with its creditors to postpone debt payments on a loan to the fall. The shipping company is also looking to change loan agreements.

DOF Subsea reports new large deficit

DOF Subsea's deficit grew significantly in the third quarter, though the offshore shipping company reports more activity for several of the ships.

DOF's operating profit dives big-time in Q3

Norwegian offshore carrier DOF's operating profit dropped big-time in the third quarter, though the bottom line returned to black as a restructuring was settled in the period. Four vessels were idled at the end of the quarter.

DOF and Havila: This is why we will survive in a tough market

The two Norwegian offshore carriers DOF and Havila have taken serious blows during the downturn in the Norwegian offshore industry, and the hits continue. Their plan for survival is a three-pronged strategy in DOF's case, and for Havila it is a matter of serious cleanup.

Idled supply vessels bring the spot market near balance

The large number of idled offshore ships has brought the North Sea spot market closer to balance, where the active part of the fleet is virtually sold out, notes Westshore Shipbrokers. However Clarksons believe that sustainable rates will first emerge in 2008.

DOF Subsea lands several contracts

Norwegian DOF Subsea has won several contracts for a combined value of around USD 350 million, says the carrier in a statement, sending the share up 11 percent.

DOF Subsea vinder milliardkontrakter

Norske DOF Subsea har vundet flere kontrakter til en værdi af over tre milliarder norske kroner, oplyser rederiet i en børsmeddelelse. Aktien stiger 11 procent.

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