Swiber Holdings has sold a 33.3% stake in a construction barge for $52m.

Malaysia's Coastal Contracts announced it has secured contracts to sell three vessels worth a total of about MYR148m ($45.8m), through its units Thaumas Marine and Coastal Marine.

The Russian Maritime Register of Shipping (RS) is seeing a boost in business coming from the growing interest in shipping via the Northern Sea Route and the development LNG and offshore projects in the Arctic region.

Indonesia will continue to extend exemptions to foreign-owned vessels in the offshore sector the local fleet cannot meet demand, local reports said.

Qatar-based Halul Offshore Services Company has approached L&T Shipbuilding for the construction of six offshore support vessels (OSVs) valued at $154m.

The International Salvage Union (ISU) has linked with the International Chamber of Shipping (ICS) and International Union of Marine Insurance (IUMI) to tackle "lack of progress" on the issue of places of refuge.

Polaris Shipping, Korea Midland Power, Hyundai Heavy Industries (HHI) and Siemens Energy Solutions have signed a $940m memorandum of understanding (MoU) to develop a Floating Storage Regasification Unit (FSRU) with an integrated power plant.

Andrew Callaghan, Seatrade’s managing director Asia and global sales director, died peacefully yesterday at home in Suffolk after a battle with cancer. He was 54.

TSC Group Holdings has entered into a sales and purchase agreement with Hongkong Petrolor Oilfield Services Co to sell a jack-up oil rig at an undisclosed price.

We take a look back at who said what on Seatrade Global’s exclusive live coverage of Marintec China 2013 and the issues that got people talking.