Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components’ package.

Drydocks World has started work on the conversion of a drillship to an offshore installation vessel for Boskalis.

Offshore rigbuilder Lamprell is consolidating its United Arab Emirates (UAE) yards into a single facility at Hamriyah as part of an overhead reduction programme.

Marlink’ s new local Teleport, network infrastructure and support capabilities meet the latest pre-requirements to provide VSAT services for Petrobras-chartered vessels operating offshore Brazil, the company said.

Maersk Supply Service (MSS) will lay off approximately 55 staff on the back of the weak oil and gas market.

Tom Chant has been named as chief executive designate of the Society of Maritime Industries in the UK.

Oslo-based energy analyst Rystad Energy estimates that today’s oil supply demand imbalance of more than 26m barrels per day (bpd) should fall to 13.6m bpd in May and about 6m bpd thereafter.

CSSC Marine Power has inked contracts for the production of four engines and 24 generator sets with CSSC logistics service company.

Keppel Offshore & Marine (Keppel O&M) has delivered its sixth jack-up rig newbuild to Borr Drilling.

Keppel has inked agreements with Toll Group and Royal Vopak to study the feasibility of a floating data centre park (FDCP) and LNG-to-power infrastructure to support the centres.