Accommodation rig supplier Prosafe has been sentenced to pay a large claim to shipyard Westcon in the protracted case concerning a complicated rebuilding of hotel rig Safe Scandinavia.
With the final ruling from the Gulating Court of Appeal, Prosafe must now pay NOK 302.5 million (USD 36 million) to Westcon.
More from ShippingWatch
Scorpio Tanker has a grim outlook on the tanker market for the rest of the year, as the Covid-19 pandemic continues to cause turbulence in the global economy and the commodity market. The tanker operator posts a loss of USD 115 million in the first half of the year.