Oil price recovery renews possibility that Angolan oil company could finally take delivery of drillship pair.
Singapore’s Triyards Holdings faces additional creditor claims and is being sued by various parties for at least USD61.7 million
Yang Ming Marine Transport and Taiwan International Ports Corporation are joining a Taiwanese consortium in tapping opportunities in the fledgling offshore wind industry.
Singapore’s Sembcorp Marine has secured a contract from Teekay Offshore to work on floating production storage and offloading unit Petrojarl Varg, which is currently laid up.
CSBC Corporation has found it increasingly difficult to make profits from shipbuilding, so is reducing its focus on this front and diversifying into other areas.
The owners of eight unidentified South Korean bunker trading companies allegedly ran a tax scam that netted them nearly USD1 billion.
There are talks of a merger between Singapore’s PACC Offshore Services Holdings (POSH) and Miclyn Express Offshore (MEO).
Benety Chang, CEO of Baker Technology, will replace James William Noe as CEO and executive director of CH Offshore.
The Oslo Stock Exchange is making a second attempt to delist EMAS Offshore Limited, after having done so in February.