GAC has opened up in Guyana in response to demand shipping and logistics support services following the discovery of large reserves of oil and gas in its waters, in 2015.
After 38 years with AP Moller – Maersk vice ceo Claus Hemmingsen is to leave the company as it closes down it energy business following the sale or separation of most of its businesses.
Hudong Zhonghua Shipbuilding is to co-operate with two of the world’s leading classification societies DNV GL and Bureau Veritas (BV) to jointly develop LNG market.
ExxonMobil has confirmed a multi-billion expansion of its integrated manufacturing complex in Singapore, which in part will meet the demands of marine customers for low sulphur fuels to comply with IMO 2020.
Malaysia’s Yinson has announced that it will take a controlling stake in Singapore’s Ezion Holdings via a proposed deal that includes shares subscription and debt conversion.
Containership owner Seaspan Corp is moving ahead with an investment plan that could see it rescuing bankrupt Singapore offshore player Swiber Holdings.
AP Moller – Maersk has given up on its attempts to sell or spin of its offshore supply vessel company Maersk Supply Service (MSS) due to distressed market conditions.
EMAR Offshore Services, a Netherlands-based dedicated maritime service company, has added a new vessel to its fleet as it ramps up operations in Africa.
Awilco Drilling has declared an option for a second semi-submersible drilling rig newbuilding at Keppel FELS in Singapore.