Offshore

MISC, through its 51%-owned Malaysia Vietnam Offshore Terminal (MVOT), has landed a time charter contract by Idemitsu Kosan for the conversion and provision of a FSO in Vietnam.
Embattled Triyards Holdings has been hit with new statutory demands and litigation claims amounting to a total of $15.9m.
Singapore’s Sembcorp Marine (Sembmarine) sank to a loss in the third quarter due to the continued low overall business volume, as challenges in the offshore and marine sector have persisted.
Dubai-based shipyard Drydocks World has successfully the life extension and construction of a mooring turret for the FPSO Aoku Mizu.
Investigation findings into a dramatic accident involving an MSC containership in Jebel Ali last year topped reader interest last week, while the scrubber debate raged on with some of the…
Singapore-shipyard group Sembcorp Marine (Sembmarine) has bagged a $166m contract for the modification, repair and life extension of a Teekay Offshore FPSO.
Firmer oil prices and improving sentiment have been catalysts for several key strategic moves in recent days, as offshore contractors align themselves to make the most of the imminent upturn.
The Nigerian authorities are planning for a strict enforcement of the country’s cabotage laws and say they are on the verge of ending waivers.
Liberia, the second’s world largest open registry and fast growing in both shipping and offshore, has created an offshore and gas technology department, renewing the registry’s focus in these sectors.
Consolidation is continuing in the rig owning sector with Ensco merging with Rowan Companies in an all stock deal.
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