China Classification Society (CCS) has announced the successful surveying of the world’s first 100,000 dwt deepwater semi-submersible floating production storage and offloading installation (FPSO).
Drilling contractors and offshore service (OFS) providers should seek consolidation as soon as possible to secure their long-term future. This is one of the conclusions of Maritime Strategies International’s latest MODU Market Report.
Singapore shipyard group Sembcorp Marine says that since the onset of the Covid-19 pandemic the majority of its projects have been delayed by at least 12 months.
One of the longest speculated mergers in Singapore marine – a bringing together of Keppel Offshore & Marine and SembCorp Marine – moved a step closer to reality on Thursday non-binding Memorandum of Understanding (MoU) to explore a potential...