Singapore-based Otto Marine improved its third quarter results due mainly to higher contributions across most of it business segments in the shipyard and offshore services.

Avic International Maritime reversed into the red in the third quarter despite a jump in revenue as expenses soared.

The initial public offering (IPO) of Pacific Radiance on the Singapore Exchange was 2.2 times subscribed.

Troubled Titan Petrochemicals Group seems to have gained a breakthrough in its negotiations to retain some control over its shipyard subsidiary, Titan Quanzhou Shipyard.

Malaysia-based offshore vessels builder Nam Cheong reported higher profits in the third quarter due to strong margins from shipbuilding and vessel chartering businesses.

SBM Offshore has signed a memorandum of agreement with Daya Offshore Construction to sell the newbuild diving support and construction vessel (DSCV) SBM Installer for $180m.

The shipping division of Great Eastern Shipping (GE) flipped back to profit in the second quarter due largely to an increase in charter earnings from its product carriers.

Glycerol, more commonly known as glycerine, has the potential to be used as a cheaper and markedly more environmentally friendly marine fuel, according to a prominent research group involving Lloyd’s Register.

Damen has been awarded a contract to build a new Seismic Research Support Vessel (SRSV), for operator Rederij Groen.

Singapore's ST Marine posted an improved third quarter results due to higher shipbuilding activities from both the local and US operations.