State-owned Cosco Shipyard Group has clinched a bumper order worth $403.3m comprising of the construction of a jack-up drilling rig and a cargo vessel, and a conversion job.

Transocean has approached Daewoo Shipbuilding & Marine Engineering (DSME) to build its seventh drillship on the back of a firm five-year charter contract with oil major Chevron.

Daewoo Shipbuilding & Marine Engineering (DSME) announced on Tuesday that it has won a KRW1.33trn ($1.24bn) order to build two drillships for an unnamed Africa-based company.

Rolls-Royce (R-R) is to supply designs and equipment for two PSV newbuild projects at Cosco Guangdong Shipyard.

Malaysian offshore support vessel (OSV) provider Icon Offshore Bhd plans to raise about MYR450m ($141.5m) from its initial public offering (IPO), targeted for next year, according to local media reports.

Singapore-based CH Offshore has commenced legal proceedings against the subsidiaries of Venezuelan state oil firm PDVSA over unpaid charter fees amounting to approximately $56m from two anchor handlers.

Keppel AmFELS, wholly subsidiary of Singapore's Keppel Offshore & Marine, has won a contract to build a $240m jack-up rig for Central Panuco, a subsidiary of Mexico's Perforadora Central.

The Middle East offshore support market has attracted a wave of investment, spurred by oil companies expanding further offshore and into new fields. As a result meaningful fleet expansion and renewal contracts have been signed and the market looks...

Swissco Holdings has secured charter contracts worth $7.17m for two anchor handling tug supply (AHTS) vessels for deployment in West Africa.

Van Oord has ordered a new cable laying vessel from Damen shipyards, which will be built in Galati, Romania.