Singapore-based offshore vessels builder ASL Marine saw its profit dropped in the second quarter despite a more than doubling in revenues, as it was hit by cost overruns from its shipbuilding business.
Keppel FELS announced contracts to build three of its KFELS B Class jack-up rigs worth $650m for offshore newcomer Fecon International.
Kawasaki Kisen Kaisha (K Line) has introduced a new project, dubbed “Drive Green” – a package of low-carbon technologies to be installed on a new 7,500 unit car carrier.