North Atlantic Drilling (NADL) and its 74% shareholder Seadrill have announced a preliminary agreement for a strategic partnership with an unnamed, experienced Arctic operator with a strong foothold in the Russian market, to expand NADL's harsh...
Thoresen Thai Agencies (TTA) has reported a loss of THB273m ($8.7m) for the third quarter to 30 June, down from a THB2.3bn loss in the same period last year. Excluding a THB192m foreign exchange loss and a provision on coal inventories, the group...
Berthing of vessels at ports along the Suez Canal could be hampered once again by a 1900 – 0600 hrs daily curfew ordered by Egypt’s interim military government.
Offshore fabrication specialist Malaysia Marine and Heavy Engineering Holdings Bhd’s (MMHE) saw Q2 net profit fall 14% to MYR47.6m ($14.5m) from MYR55.3m previously as lower operating profit from its offshore and marine segments took its toll on...
Singapore-based offshore shipbuilder and operator Jaya Holdings has announced a profit of $46.1m on revenues of $201.8m for the financial year to 30 June 2013
Singapore-listed offshore vessel builder and owner Otto Marine returned to the black in the first half of the year with a $20.8m net profit.
Drydocks World says its first Modular Capture Vessel, converted from an aframax tanker owned by AET, has set sail from its Dubai yard.
Two of Germany's largest shipping groups ER Capital Holding and Schulte Group have established Quayside Maritime Partners (QMP), a shipping investment joint venture.