Sembcorp Marine (Sembmarine) has reached settlement with Sete Brasil over seven drillship newbuilding contracts worth $5.6bn, following announcement of a similar deal by compatriot Singapore yard group Keppel Offshore & Marine (Keppel O&M).
Nearly five years after payments stopped being made by Sete Brasil to Keppel Offshore & Marine for six semi-submersible rig newbuildings a resolution has been reached which will see the Singapore shipyard owning four of the uncompleted rigs, and...
Sinoway Shipping, a subsidiary of Sinotrans Limited, has inked agreements to acquire the entire stakes in Keppel Logistics (Foshan) Co (KLF) and Keppel Logistics (Hong Kong) Limited (KLHK) from Keppel Telecommunications & Transportation (Keppel T...
Keppel Offshore & Marine has booked in close to SGD1.9bn ($1.4bn) in new orders so far this year boosted by the LNG and renewables sector.