The merger of Det Norske Veritas (DNV) and Germanischer Lloyd (GL) into new company DNV GL has been completed, and the new company is to start operations from tomorrow, after the Chinese competition authorities approved the deal.

IMO secretary general Koji Sekimizu wants to bring forward a study on availability of low sulphur fuel ahead of the planned 0.5% sulphur cap in 2020.

Axis Offshore has taken up an option for a second semi-submersible floatel to be built by Cosco Shipyard Group.

Braemar Shipping Services' LNG technical consultancy, Braemar Engineering, has been selected as owner's engineers on United LNG, the world's largest FLNG project.

London is threatened as a shipping business hub by competition from the Far East, according to a survey of young professionals by the Shipping Professional Network in London (SPNL), in conjunction with Moore Stephens.

Siem Offshore has agreed to buy a 50% stake in Secunda Canada from Birch Hill Equity Partners Inc. at a cash price of CAD16.25m ($15.67m).

Mustafa A Massad, president of the Jordan Academy for Maritime Studies (JAMS), has claimed that global maritime training is inadequate, in an interview with Seatrade Global.

Singapore-listed Jaya Holdings is undertaking a review of strategic options available to the company.

George Economou’s Ocean Rig has lifted its investment in ultra-deepwater drillships (UDW) to over $3bn, with another $600m set to join the spending as well. The Greek owner’s Nasdaq-listed Ocean Rig has said it is paying $600m for what will be its...

Singapore-based Otto Marine has signed a memorandum of understanding for the newbuilding of five cement carriers with sizes ranging from 7,500-15,000 dwt.