TSC Offshore has clinched three drilling equipment package contracts worth $52.22m from CSSC Huangpu Wenchong Shipbuilding Company, and established a new equipment manufacturing joint venture in China’s Jiangsu province.
China’s Qingdao Port International and towage and emergency response firm Svitzer have inked a cooperation agreement.
Taiwan’s state-owned CSBC Corp is looking to establish an overseas joint venture shipbuilding and equipment production facility in China as part of its long term growth plan, according to Wang Hai Taw, executive vice president of the company.
Stolt-Nielsen Limited and Golar LNG today announced that they have entered into a joint venture to produce and distribute small-scale LNG.
Towage and emergency response firm Svitzer has ventured into the Malaysian market with the establishment of a new joint venture with Malaysia’s SVR Marine Services.
China Cosco Holdings and China Shipping Development Co (CSDC) have agreed to jointly establish a Singapore joint venture to focus on iron ore transportation business and other dry bulk shipping related work.