Rio de Janeiro: Wärtsilä is to become one of the growing number of companies to set up a manufacturing plant in Brazil, 300km North of Rio de Janeiro.
Seoul: South Korea's STX Offshore & Shipbuilding plunged into the red in 2012 due largely to diminished margins from high-value newbuildings.
Singapore: Fincantieri's mandatory cash offer for STX OSV has failed to attract shareholders, gaining just 4.88% acceptance.
Dubai: Grandweld Shipyards has clinched another crewboat contract for a 42-metre aluminium craft for local marine ship service firm Maroos Shipping.
Rome: d’Amico has ordered two 50,000dwt medium range product tankers from Hyundai Mipo with an option for two further newbuilds.
Shanghai: CSSC Jiangnan Heavy Industry slumped to a 2012 full year net loss as the shipbuilder struggled with diminishing new orders and lower margins.
Singapore: Singapore's offshore vessels shipbuilder Otto Marine managed to land a deal to build two anchor handling tug supply (AHTS) vessels after an order drought of nearly two years.
Oslo: Harsh environment offshore shipowner GC Rieber Shipping ASA has agreed a charter with Ceona Services (UK) Ltd for its subsea newbuilding, currently under construction at Ulstein Verft.
New York: Scorpio Tankers is splashing $99.5m on a pair of LR2 product tankers at Hyundai Samho Heavy Industries.