Swissco Holdings has spent SGD35m ($28.1m) to place orders for the construction of three offshore support vessels (OSVs) at Chinese shipyards.

United Arab Shipping Company (UASC) scooped three awards last night at the 10th Anniversary Seatrade Middle East & Indian Subcontinent Awards.

Offshore operator Topaz has posted profits of $36.3m, a 40% increase on last year's $25.9m.

Russia’s Maritime Register of Shipping (RS) has signed a Memorandum of Understanding with Korean Register (KR) for technical co-peration on icebreakers and LNG.

Fresh from announcing it is making inroads into the North Sea market, Malaysia's Bumi Armada announced several key management changes.

Indonesia-based Logindo Samudramakmur is aiming to raise up to $63m from a planned initial public offering (IPO) in Jakarta.

Malaysian national oil company Petroliam Nasional (Petronas) has awarded 13 work packages, involving hook-up and offshore platform maintenance contracts worth a combined MYR10bn ($3.12bn) over five years, to six local companies, according to local...

Subsea 7 has reported a $160m profit for the third quarter, down from a $194m profit in the same period last year.

Bumi Armada has cracked the North Sea market, securing its first FPSO contract there with EnQuest Heather Limited.

Mermaid Marine Australia (MMA) has warned of lower than expected results for the first half of financial year 2014 due to delays in a number of key offshore projects.