Bahrain’s Arab Ship Shipbuilding and repair Yard (ASRY) has signed an MoU with ONEX Shipyards Greece to share know-how on maritime repair and technology, and explore future business opportunities.
Saudi Arabia’s International Maritime Industries (IMI) and Columbia Ship Management (CSM) have converted a six-month-old Memorandum of Understanding into a Memorandum of Agreement (MoA).
Damen Shipyards Group has added a new Service Hub in the Americas. With two already up and running in Canada and Brazil, Damen has opened a third one in Panama City to serve Central America and the Caribbean.
Sembcorp Marine (Sembmarine) expects further delays to five projects currently underway in its yards as it continues to struggle with Covid-19 related restrictions and challenges.
Italian shipbuilder Fincantieri has announced a $150m investment for a shipyard in Yucatan, Mexico, as part of the expansion and modernisation of the port of Progreso.