Bahri Dry Bulk has obtained a loan of SAR420m ($112m) from Bank Albilad to finance 70% of the cost of building five dry bulk carriers.

Swissco Holdings has spent SGD35m ($28.1m) to place orders for the construction of three offshore support vessels (OSVs) at Chinese shipyards.

Frontline 2012 has agreed to sell eight 83,000 cu m VLGC newbuilds to Avance Gas Holding Ltd. (AGHL).

United Arab Shipping Company (UASC) scooped three awards last night at the 10th Anniversary Seatrade Middle East & Indian Subcontinent Awards.

Singapore's place in the shipyard world is one that is a testament to perseverance and innovation against some distinctly challenging odds. The marine industries were dubbed as a sunset industry for the city-state in the mid-1980's. It was not...

ABB, power and automation technology group, has won over $23m worth of orders to provide waste heat recovery systems to 14 containerships.

Scorpio Bulkers has ordered three capesize bulk carriers valued at a total of around $162m for construction at a subsidiary facility of Daewoo Shipbuilding & Marine Engineering (DSME).

China-based Fujian Guohang Ocean Shipping (Group) Co has placed an order for five 64,000 dwt bulk carriers at Chinese yard Taizhou Sanfu Ship Engineering Co.

Singapore-based Otto Marine has clinched two newbuilding contracts worth about $9m to build two 3,000 bhp habour tugs.

Singapore-based ASL Marine has embarked on a build-to-stock shipbuilding program valued at SGD85m ($68m) for five offshore vessels, as it seeks to meet healthy demand for offshore support vessels (OSVs) and to counter increasingly stiff...