Japanese engine and powerplant specialist Diesel United has entered into a service agreement with UAE-based marine and industrial engineering firm NICO International.

Shanghai Zhenhua Heavy Industry (ZPMC) has inked a port crane purchase contract with Hainan Harbor & Shipping for Yangpu Xiaochantan terminal.

Energy markets have surprised, with a resilient pricing of WTI and Brent oil rising to levels not seen since early March- at levels touching $40 per barrel and just shy of $43 per barrel respectively.

Singapore rigbuilder Keppel FELS has rejected allegations by Awilco Drilling that it breached terms under the construction contract for the semi-submersible newbuild Nordic Winter which the drilling company has terminated.

Singapore shipyard group Sembcorp Marine (Sembmarine) is to be demerged from its parent Sembcorp Industries and undertake a SGD2.1bn ($1.51bn) rights issue.

Seacor Marine Holdings acquired the 50% equity interest in Seacosco Offshore it did not already own from Cosco Shipping Group at a cost of $28.15m

Shenzhen international offshore LNG refuelling centre project has been at the South China port city of Yantian.

Royal Boskalis Westminster (Boskalis) in consortium with Bouygues Travaux Publics (Bouygues) and Saipem has been awarded the design work, construction and installation scope for 71 concrete Gravity-Based Structures (GBS) as foundation for the...

Offshore services firm Subsea 7 will axe approximately 3,000 jobs from its global workforce of 12,000 and reduce its number of active fleet by up to 10, due to a “significant deterioration” in the oil and gas market.

Global towage operator Svitzer has appointed Kasper Friis Nilaus as its new global ceo, effective 15 June 2020.