Malaysia-based Daya Materials has sealed a second contract worth between MYR100m ($30.5m) and MYR176m to provide an offshore subsea construction vessel (OSCV) and offshore services to Norwegian firm Technip Norge AS for work in the North Sea and...

Bourbon has sold and chartered-back nine vessels with ICBC Financial Leasing for $144m, the first step in a 51-ship sale-and-leaseback deal signed in April.

Alam Maritim Resources has been awarded two contracts worth total of MYR37m ($11.2m) from an established oil and gas company for the provision of one unit anchor handling tug vessel and one unit straight supply vessel, the Malaysian offshore...

Singapore-based CH Offshore has entered into two bareboat charters with a third party for a period of three years each.

Exmar and LNG partners have firmed up their letter of intent to work together building and operating a Floating Liquefaction & Storage Unit (FLSU) for the BC LNG Project in Canada.

OW Bunker has launched a fuel supply service from the Canary Islands, covering Morocco, Mauritania, Senegal and offshore waters down to the Ivory Coast.

Offshore vessels designer and shipbuilder Vard Holdings won a contract to design and construct a platform supply vessel (PSV) for Carlotta Offshore.

Despite an operating profit of $12.4m for the second quarter, Sovcomflot (SCF) has reported a net loss of $16.4m, compared to a $5.5m profit for the same period last year.

Lamprell ceo James Moffat took the opportunity to explain his views on rigbuilding competition from Asia after announcing a stronger first half for the company.

DNB’s new head for Asia Vidar Andersen says they are seeing “signs of recovery ” in areas such as offshore, and it is being driven by the Asian region.