Sembcorp Marine’s wholly-owned Sembawang Shipyard has secured a FSO conversion contract worth SGD56m ($41.4m) from Teekay.

Singapore-headquartered shipyard group Paxocean Engineering [B2 – G15] is planning to increase its offerings in newbuilding, retrofits and conversions.

Cosco Dalian Shipyard has agreed to delay the delivery of two jack-up rigs.

Singapore’s Pacific Radiance has struck a joint venture deal with China’s Jiangsu Zhenjiang Shipyard (Group) Co.

The UAE’s Triangle Marine Services is to deliver two aluminium fast offshore support vessels (FOSVs) to the local Marine Core and Charter in November, company officials said at a keel-laying ceremony at Dubai Maritime City yesterday.

Singapore’s Otto Marine plunged to a loss in 2014 due mainly to a fall in revenue and significantly lower gains from other income.

Indonesian shipyard PT Batamas Jala Nusantara is planning to file a case review (PK) of an old outstanding case with the Supreme Court against four Singaporean companies, local reports said.

Shanghai Zhenhua Heavy Industries (ZPMC) has secured a deal to build six OSVs for China Oilfield Services Limited (COSL).

Drydocks World is forecasting a good year for rig projects with nine rigs currently in its Dubai yard.

Duqm’s Oman Drydock Company has announced the completion of the conversion of Greek-owned tanker Olympic Luck from an oil-bulk-ore carrier to a VLCC.

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