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Intelsat dives for bankruptcy protection to eliminate legacy debt

Intelsat dives for bankruptcy protection to eliminate legacy debt

14 May 2020by Martyn Wingrove
A combination of coronavirus and future US investments forces satellite network owner to seek US Chapter 11 cover
Business & FinanceCOVID-19
‘Milestone’ restructuring to cut Solstad’s fleet by 25%

‘Milestone’ restructuring to cut Solstad’s fleet by 25%

12 May 2020by John Snyder
Norwegian OSV giant Solstad Offshore has finalised a restructuring plan that will see it shed 37 vessels in its fleet
Business & FinanceOffshore
Diamond Offshore commences voluntary Chapter 11 proceedings

Diamond Offshore commences voluntary Chapter 11 proceedings

06 May 2020by Riviera News
The company plans to restructure its finances and has been delisted from the New York Stock Exchange
Business & Finance
Hin Leong: collapsed trading company’s bunkering arm already replaced in Singapore

Hin Leong: collapsed trading company’s bunkering arm already replaced in Singapore

30 Apr 2020by Craig Jallal
TFG Marine and Minerva Trading granted bunkering licences in Singapore following the collapse of Ocean Bunkering Services
Business & Finance
Coronavirus and debt mountain drive Speedcast into Chapter 11 bankruptcy

Coronavirus and debt mountain drive Speedcast into Chapter 11 bankruptcy

27 Apr 2020by Martyn Wingrove
Speedcast accumulated almost US$700M in debt and has seen its revenues plummet due to the global coronavirus crisis
Business & FinanceCOVID-19
Fate of Ocean Tankers' parent company rests with Singapore court

Fate of Ocean Tankers' parent company rests with Singapore court

20 Apr 2020by Craig Jallal
Hin Leong Trading Pte Ltd has applied to the Singapore High Court for a six-month moratorium on debt payments following the disclosure its subsidiary, Ocean Bunkering Services, has ceased bunker deliveries
Business & Finance
Industry heavyweights to help reshape Bourbon

Industry heavyweights to help reshape Bourbon

20 Apr 2020by John Snyder
SPP adds four well-known executives to its supervisory board
COVID-19Offshore
Creditors back deal for Hornbeck Offshore Chapter 11 restructuring

Creditors back deal for Hornbeck Offshore Chapter 11 restructuring

16 Apr 2020by John Snyder
US OSV owner strikes agreement with majority of creditors that supports ongoing operations and deleverages balance sheet
Business & FinanceCOVID-19Offshore
Solstad Offshore nears debt-for-equity restructuring deal

Solstad Offshore nears debt-for-equity restructuring deal

06 Apr 2020by John Snyder
One of the world’s largest OSV owners will shed up to 25% of its fleet under the proposed restructuring
Business & FinanceOffshore
Hornbeck Offshore to restructure under Chapter 11

Hornbeck Offshore to restructure under Chapter 11

03 Apr 2020by John Snyder
One of the largest US-flag owners is working with creditors on a restructuring plan
Business & FinanceOffshore
OneWeb bankruptcy puts future maritime communications at risk

OneWeb bankruptcy puts future maritime communications at risk

31 Mar 2020by Martyn Wingrove
Failure to find a second batch of finance forced LEO constellation builder to seek US Chapter 11 bankruptcy protection
Business & Finance
Chapter XI most popular restructuring mechanism for ailing offshore companies

Chapter XI most popular restructuring mechanism for ailing offshore companies

07 Feb 2020by Riviera News
A Norton Rose Fulbright law partner said offshore companies need to be aware of the options open to them when restructuring their finances
Business & Finance

Opinion

Fuels & LubricantsMarine Propulsion & Auxiliary Machinery

Cleaning up the VLSFO landscape  

15 Jul 2020by Olivier D'Olne
Aderco group technical director Olivier D’Olne talks about the potential of his company’s latest product to reduce sludging, waxing and other issues associated with VLSFOs

Events

Marine Lubricants Webinar Week

Marine Lubricants Webinar Week

14 Jul 2020ONLINE
IMO 2020 legislation means operators have to think about marine lubricants in a completely new way. Riviera’s Marine Lubricants Webinar Week 2020 helps operators benchmark their lubrication strategies with their fuel choice. Each 45-minute webinar delivers insights on a different facet together with the experts you want to hear from.
Maritime Communications Webinar Week

Maritime Communications Webinar Week

20 Jul 2020Online
Our Maritime Communications Week webinars will give operators insights into keeping ship, shore and crew connected. Each 45-minute webinar will cover a different facet of maritime communications and its associated technologies
Maritime Hybrid, Electric and Fuel Cells Webinar Week

Maritime Hybrid, Electric and Fuel Cells Webinar Week

27 Jul 2020ONLINE
Our Maritime Hybrid, Electric and Fuel Cells Webinar Week examines the latest innovations and how they can provide significant reductions in fuel consumption, maintenance costs and emissions. Each 45 minute webinar explores a different facet of the technology with the experts you want to hear from.
Maritime Cyber Security Webinar Week

Maritime Cyber Security Webinar Week

04 Aug 2020ONLINE
Riviera’s Maritime Cyber Security Webinar Week delivers vital insights into what it takes for vessel owner/operators and ports to implement robust, compliant and cost effective maritime cyber security: ship and shore side. Each 45-minute webinar explores a different facet of maritime cyber security with the maritime professionals you want to hear from.
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