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St. Petersburg: Net profit at Russian state owned OAO Sovcomflot (SCF) fell 38.2% to $33.2m in 2012 from $53.7m in 2011.
Helsinki: A new icebreaking platform supply vessel, built for shipowning giant Sovcomflot, has been named Aleksei Chirikov at a shipyard in Helsinki.  
Singapore: Singapore-based Ezra Holdings sealed four contracts worth close to $120m for subsea installation jobs in the Gulf of Mexico, West Africa and the Philippines.
Ulsan: Hyundai Heavy Industries (HHI) announced its successful bid to build a floating production storage and offloading unit (FPSO) for Chevron North Sea (Chevron).
Singapore: Chinese shipyards building offshore support vessels (OSVs) are narrowing the gap to European and Southeast Asian shipbuilders as their quality has improved over the years, according to Venkatraman Sheshashayee,…
Paris: Bourbon has penned a $2.5bn deal with Industrial and Commercial Bank of China (ICBC) as part of the company's 'transformation plan' for its future growth.
Kuala Lumpur: Malaysia-based Alam Maritim Resources won charter contracts worth a total of MYR85.38m ($28.11m) for three of its vessels.
Oslo: Statoil has signed an MoU for joint oil exploration of new acreage in the Azerbaijani areas of the Caspian Sea over the coming 12 months.
Luxembourg: Oslo listed seabed-to-surface engineering company Subsea 7 has been awarded a $350m, five year contract for a pipe laying vessel.
Singapore: Leading marine solution and service provider Wärtsilä  has been awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Armada Offshore MPSV.
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