CIMC Raffles Offshore (Singapore) is to invest $100m in CIMC Raffles (Yantai) for developing offshore engineering and drilling platform sectors.

Ailing Indian shipowner Mercator Limited is being stalled in its effort to sell off two medium-range tankers in an effort to pare its debt and remain solvent.

Most floating energy projects are likely to be delayed by three to six months and, if the coronavirus (COVID-19) virus is not contained soon, could lead to year-long delays.

PACC Offshore Services Holdings (POSH) has clinched contracts from Petronas for the deployment of four offshore support vessels to support the project of Petronas Floating Liquefied Natural Gas 2 (PFLNG Dua).

UAE-based shipyard Lamprell is teaming up with Akselos for digital twin solutions.

The 100-year old US cabotage law the Jones Act may not be the most popular piece of legislation with some but domestic OSV owners are believe it offers great opportunities.

ADNOC Logistics and Services has inked a 15-year deal with Atlantic Gulf & Pacific (AG&P) to provide a floating LNG storage unit in India.

ABS is collaborating with P&O Maritime Logistics condition-based class (CBC) pilot project for the platform supply vessel (PSV), DMS Courageous.

Damen has developed a new concept vessel – the Offshore Support Vessel (OSV) 9020 as an answer for more versality in offshore support.

Solstad Offshore has renewed its connectivity contract with Marlink for a fleet of 65 offshore vessels.