Lamprell Plc has exceeded its own expectations and returned to profit with net earnings of $14.7m for the first half of the year, improving on 2012's $37.8m loss for the same period.

Malaysia's offshore services players continue to do well with Tanjung Offshore turning to a MYR5.73m ($1.73m) second quarter net profit from a loss of MYR6.05m in the previous corresponding period as the engineering and services divisions returned...

Up and coming Malaysian floating production unit player Yinson Holdings sees the African continent offering good long-term growth prospects for the company’s oil and gas (O&G)-related services, local reports cited its chairman and managing...

Offshore services provider Ezion Holdings clinched a charter contract worth about $49.1m to provide a service rig to an oil major.

Ship Finance International's (SFL) charter revenues, EBITDA and profit all fell in the second quarter, compared to the same period last year.

Kenneth Macleod, president of the UK Chamber of Shipping, has written to the UK Shipping Minister, calling for the country's Tonnage Tax scheme to cover the training of Merchant Navy ratings.

Oslo-based Aker Solutions saw its profits slip in the second quarter.

Switzerland’s ABB has installed the world’s most powerful offshore wind connector station, in a three-day operation in the North Sea.

Barry Parker examines Kohlberg Kravis Roberts (KKR) $580m move into shipping and a run of unconventional money moving in to plug the industry's funding gap.

Singapore-based Jaya Holdings secured a contract to charter its newly built platform supply vessel (PSV) at a value of more than $20m.