Mustafa A Massad, president of the Jordan Academy for Maritime Studies (JAMS), has claimed that global maritime training is inadequate, in an interview with Seatrade Global.
Singapore-listed Jaya Holdings is undertaking a review of strategic options available to the company.
George Economou’s Ocean Rig has lifted its investment in ultra-deepwater drillships (UDW) to over $3bn, with another $600m set to join the spending as well. The Greek owner’s Nasdaq-listed Ocean Rig has said it is paying $600m for what will be its...
Singapore-based Otto Marine has signed a memorandum of understanding for the newbuilding of five cement carriers with sizes ranging from 7,500-15,000 dwt.
Malaysia-based Daya Materials has sealed a second contract worth between MYR100m ($30.5m) and MYR176m to provide an offshore subsea construction vessel (OSCV) and offshore services to Norwegian firm Technip Norge AS for work in the North Sea and...
Bourbon has sold and chartered-back nine vessels with ICBC Financial Leasing for $144m, the first step in a 51-ship sale-and-leaseback deal signed in April.
Alam Maritim Resources has been awarded two contracts worth total of MYR37m ($11.2m) from an established oil and gas company for the provision of one unit anchor handling tug vessel and one unit straight supply vessel, the Malaysian offshore...
Singapore-based CH Offshore has entered into two bareboat charters with a third party for a period of three years each.
Exmar and LNG partners have firmed up their letter of intent to work together building and operating a Floating Liquefaction & Storage Unit (FLSU) for the BC LNG Project in Canada.