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DNB is in its fifth year of working to restructure strained drilling and supply companies

Manjor bank DNB is currently not focusing on financing new transactions in the supply and drilling space but rather on restructuring the sector after a series of tough years. A large number of customers have undergone restructurings, Global Head of Ocean Services says to ShippingWatch.

Photo: Stig B. Fiksdal

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Alfa Laval buys StormGeo following bidding war

There were plenty of interested buyers for tech company StormGeo, but the company ultimately decided to enter a deal with Sweden's Alfa Lava, which placed the best offer, says partner in StormGeo's majority owner EQT to ShippingWatch. Updated.

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