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Siem Offshore Inc. (SIOFF) Stock Price | Stock Quote Oslo Bors

Siem Offshore Inc. (SIOFF.): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Siem Offshore Inc. | Oslo Bors: SIOFF | Oslo Bors ....

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Wärtsilä To Upgrade Siem Offshore Platform Supply Vessel With Energy-Saving Hybrid Propulsion

The technology group Wärtsilä will upgrade the ‘Siem Pride’, an 89 metre-long Platform Supply Vessel (PSV) owned by Norway based Siem Offshore Rederi, for hybrid engine and battery propulsion. The upgrade will enable the vessel to reduce the number of engines in use during operations, thereby considerably lowering its energy and fuel consumption. The order . ....

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Daya Materials inks debt settlement agreements with creditors

KUALA LUMPUR (March 16): Daya Materials Bhd today inked a series of agreements as part of its debt restructuring scheme, following the approval in principle from its creditors in July last year.
The Practice Note 17 company, in a bourse filing, said it signed seven supplemental agreements and two debt settlement agreements with its creditors.
The creditors comprise Malayan Banking Bhd, United Overseas Bank (M) Bhd, RHB Bank Bhd, Hong Leong Bank Bhd, Al Rajhi Banking & Investment Corp (M) Bhd, Public Islamic Bank Bhd, Propel Global Bhd, Export-Import Bank of Malaysia Bhd, and Siem Offshore Rederi AS.
“All the defaulted debts will be restructured and settled in accordance with the respective agreements,” the oil and gas services group said. ....

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