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Altera Infrastructure enters Chapter 11 to strengthen capital structure

Altera Infrastructure and certain of its subsidiaries, one of the world’s leading suppliers of infrastructure assets to the offshore energy industry, has executed a Restructuring Support Agreement with approx. 71% of Altera’s funded debt obligations, which includes Brookfield and a super-majority of its bank lenders. ....

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AET reinforces its leading shuttle tanker position with another vessel for Petrobras charter

AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel this week, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose-built for long-term charter to Petróleo Brasileiro S.A. – Petrobras, the Brazilian multinational petroleum corporation, based on the agreement signed in February 2020. The eco-efficient . ....

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