Kim Heng Marine & Offshore Holdings is aiming to raise SGD40m ($31.4m) from an initial public offering (IPO) on the Singapore Exchange second board Catalist.
Petroleos Mexicanos (Pemex) plans to build three tankers and a supply ship and a tuna fishing boat in 2014 at the Barreras shipyard in Vigo, a city in the northwestern Spanish region of Galicia, spending a total of EUR300m ($410m) on the vessels, having taken a stake in the yard.
Titan Petrochemicals is set to present a new debt restructuring proposal, which the board believes will be a final one, on the $400m it owes debtors.
Maersk Drilling, a unit of AP Moller-Maersk Group, has ordered a KRW572.8bn ($534m) jack-up oil rig from South Korea's Daewoo Shipbuilding & Marine Engineering (DSME).
Dubai Maritime City has signed a long-term partnership agreement with Mubarak Marine to develop an industrial complex for maritime services, shipbuilding and repair worth $35m.