South Korea's Hyundai Heavy Industries bagged a bumper order from Diamond Offshore Drilling to build one harsh environment semi-submersible drilling rig costing approximately $755m.

Wilhelmsen Technical Solutions (WTS) has signed an agreement for a joint venture with Roccheggiani of Italy to market Heating, Ventilation and Air Conditioning systems.

Silk Holdings unit Jasa Merin has been awarded a MYR35.9m ($11.7m) three-year contract by Petrofac for the provision of one anchor handling tug supply vessel.

Offshore services contractor Coastal Contracts has managed its operations well to eke out a slight net profit gain despite 27% drop in revenue for the first quarter as better margins at both the shipbuilding and chartering divisions helped to...

Full year profit for India-based Essar Shipping has declined due to higher taxes, despite an increase in revenue.

Sembcorp Marine's subsidiary Jurong Shipyard has won a $596m contract to construct a new jack-up oil rig with an option for an additional unit from Noble Corporation.

Malaysian offshore services provider Alam Maritim posted stellar first quarter results, with net profit more than tripling to MYR23.9m ($7.9m) from MYR7m previously on a big increase in operating margin derived from own vessels and higher share of...

MISC is well on track with its turnaround as it returned to the black in the first quarter with a MYR300.4m ($98.8m) net profit compared with a net loss of MYR469.8m previously on higher heavy engineering segment contributions, lower operating...

Net profit at floating LNG specialists Hoëgh LNG fell to a loss of $7.9m but its FSRU new builds remained on track.

Floating production specialist SBM Offshore has reported a rise in consolidated revenues of 35% to $1bn in the first quarter of 2013.