In a landmark partnership, Damen Financial Services (DFS) and Siemens Financial Services (SFS) have joined forces to establish a new facility for vessel financing solutions: Damen Ship Lease (DSL). The DSL facility is now one of the funds of Damen Ship Lease Cooperation which is managed by DFS. It is designed to provide current and prospective ship owners with the ability to expand their fleets by enabling them to acquire state-of-the-art vessels using flexible financing options.

The Ras al-Khair Special Economic Zone (SEZ) aims to host the largest shipyard in the Middle East and North Africa (MENA), leveraging partnerships with major maritime players and backing by the Saudi government to attract investment. The SEZ is based in the city of Ras al-Khair on the eastern Arabian Gulf coast of the Kingdom, just north of al-Jubail Industrial City—home to the world’s fourth largest petrochemical company: Saudi Basic Industries Corporation (SABIC).

Solstad Offshore announces contract awards from Clients in the offshore energy markets with a combined duration of approx. 600 days (inclusive of mobilization and demobilization) and a gross value of approx. NOK 800 million. 

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