ShippingWatch

Prosafe forced to book major rig impairment

A USD 609 million impairment on goodwill and the fleet has sent Prosafe's bottom line into the red in the third quarter. The company expects a market with huge fluctuations and continues its focus on costs.

Photo: Prosafe

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Frontpage right now

How sulfur regulations prompted a Norwegian analyst to switch jobs

Torbjørn Kjus is especially known for having predicted the oil price plunge a few years ago as an analyst at DNB Markets. Now, he has stepped down from his role in the Norwegian bank to assume a fund manager position, where he will manage deals in the wake of new global sulfur regulations.

Freight forwarder Scan Global aims to double revenue

Within the next few years, the freight forwarder Scan Global Logistics' top line should be doubled, says Group CEO Allan Melgaard to ShippingWatch. Recently, the company has announced several expansions of the business.

Related articles

Latest news

Jobs

See all

See all