Shanghai Zhenhua Heavy Industries Company (ZPMC) has won a deal to build a semi-submersible barge for a local marine construction firm based in Wuhan, Hubei province in China.
Pacific Radiance has landed multi-year contracts worth up to $68m, including options, for offshore work in the Middle East.
Gulf Navigation (GulfNav) has continued its expansion through a jv with Polimar Turkish Holding that will see its maritime service fleet grow from four to 10 vessels.
North Atlantic Drilling Ltd (NADL) and Sembcorp Marine have agreed a further extension on delivery of harsh environment semi-submersible rig West Rigel.
A fifth former senior official of Singapore Technologies Marine (ST Marine) has been sentenced by a Singaopore court, in a corruption case involving seven former employees of the company.
Singapore’s offshore services firm Vallianz Holdings has ceased operations at its shipyard in Singapore since end-2016 as part of efforts to streamline business operations amidst the severe industry downturn.