Panama’s Balboa Shipyard, located on the Pacific side of the Panama Canal, has reopened provisionally under the administration of the Panama Maritime Authority (AMP) until an international tender for the concession of the shipyard is called early...
China’s New Dayang Shipbuilding has received orders for four bulk carriers from compatriots Zhejiang Shipping Group and Fujian Shishi Dingsheng Shipping.
The Damen Shipyards Group has sold a full option Cutter Suction Dredger (CSD) 500 to the Argentinian dredging contractor Servimagnus.
Sembcorp Marine has reported a first half loss of SGD192m ($138m) as the group implemented pay cuts to preserve cash and prepares for losses to continue into the foreseeable quarters.
Keppel Offshore & Marine (Keppel O&M) has bagged two FPSO contracts with MODEC worth a total of SGD73m ($52.5m).
Singapore has retained the top spot as international shipping centre for the seventh consecutive year, based on the 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) index.