Cosco Shipping Energy Transportation is going back on the ordering trail, announcing a RMB2.14bn ($323.7m) order for seven tankers from Guangzhou Shipyard International (GSI) over the weekend.
Barakah Offshore Petroleum is making further inroads into the Sarawak oil and gas (O&G) market with its unit, PBJV Group sealing a deal to work with Sarawak-based parties on projects in the state.
Singapore’s Keppel Offshore & Marine (Keppel O&M) announced on Thursday that its wholly-owned Keppel Shipyard has secured a contract to convert a VLCC into an FPSO for SBM Offshore.
The world’s first converted FLNG built by Singapore’s Keppel Shipyard for Golar LNG has departed the yard on Sunday, moving to a deepwater anchorage before sailing to West Africa for its first project.
ESL Shipping has launched its second LNG-fueled handysize bulk carrier from China’s Jinling Shipyard, in line with the company’s move towards green sea transportation.
Malaysia’s shipbuilding and repair yard Shin Yang Shipping Corp has filed a lawsuit against Indonesia’s Gemilang Raya Maritime (GRM) for MYR6m ($1.5m) relating to the sale of four units of tugs and barges.
Terminal operator DP World is buying both Drydocks World and Dubai Maritime City (DMC) for $405m increasing its position in the marine services market.
Sembcorp Marine has announced that its wholly-owned Brazilian subsidiary Estaleiro Jurong Aracruz Ltda (EJA) has secured hull carry over works worth about $145m for a FPSO project.
Five people have died and one has been injured following a fatal fire incident that occurred at a ASL Marine shipyard in Batam, Indonesia.
Engineering and fabrication shipyard Triyards Holdings has voluntarily suspended its shares trading on the Singapore Exchange (SGX) as the company revealed deeper financial troubles and is seeking to restructure its debts.