This week saw more evidence of the impacts of the US “energy renaissance” on both the tanker and the offshore sectors. An order for two more Jones Act tankers was announced; this time, with Seabulk Tankers, wholly owned by Seacor, set to build two...

After years of crippling losses, STX Finland has launched a restructuring programme, which includes 700 job cuts and the paring back of operations at the firm’s Rauma Shipyard.

Mermaid Maritime has clinched a subsea service job worth around $55m from a major Indonesia-based upstream oil and gas operator.

One of the 'big four' accountancy firms, KPMG, has called for the shipping industry to push back against regulatory changes that threaten to overhaul the reporting of revenue from charters across the shipping and offshore industries.

Lamprell has been awarded a $64m rig-refurbishment contract for Millenium Offshore Services’ (MOS) rig MOS Frontier.

Three subsidiary shipyards of Cosco Corporation (Singapore) have bagged orders for new ships worth a total of $366m including options.

Jumbo has secured a contract from Sigur Ros, a Malaysian pipelaying firm, to transport and install 126 gravity anchor assemblies at the start of next year.

Malaysian offshore fabrication specialist TH Heavy Engineering has gone into a joint venture (JV) with Coral Intoil to carry out hook-up and commissioning projects, the group announced in a stock market announcement.

Sembcorp Marine's Jurong Shipyard has won a $346m contract to build a semi-submersible well intervention rig for Helix Energy Solutions Group, Inc.

Koji Sekimizu, secretary general of IMO, opened the ICS conference in London this morning with a call for the systematic review of prescriptive safety regulation, and a shift towards goal-based standards.