Outstanding achievements made by Asian shipping players were recognised at the Seatrade Asia Awards 2013 where close to 400 top shipping executives from different sectors of the global shipping community gathered to attend in Hong Kong.

Sovcomflot (SCF) has reserved construction slots with Russian shipbuilding group United Shipbuilding Corporation (USC) to expand its fleet of Velikiy Novgorod class LNG carriers.

Russian shipping giant Sovcomflot, natural gas provider OAO Novatek and Russian state corporation "Bank for Development and Foreign Economic Affairs" (Vnesheconombank) have signed an mou for the construction of two gas carriers for the Yamal LNG...

Seadrill has ordered two new jack-up drilling rigs at China’s Dalian Shipbuilding Industry Offshore (DSIC Offshore) scheduled for delivery in q4 2015 and q1 2016.

Ship Finance International (SFI) has announced an offering of 8m common shares, worth around $140m at the company's current trading price.

Shiprepair and conversion specialist Gibdock is looking to diversify into fabrication work for North and West African oil and gas projects following completion of its first assembly pad at end 2013.

Singapore-based Marco Polo Marine has established a SGD300,000 ($239,000) multicurrency medium term note programme to raise fresh funds.

Net profit at Russian tanker outfit Sovcomflot dropped 95.6% year on year from $45.4m in the first quarter 2012 to $2m in the same period 2013.

IHI Corporation has purchased a 25% stake in Brazilian yard Estaleiro Atlantico Sul (EAS) for BRL201m ($94m).

Brazil is to sell exploration rights to the Libra ultra-deepwater oil prospect on 22 October in Rio de Janeiro.