A payment dispute at a Batam yard in Indonesia has resulted in a mob taking a tugboat and a barge from a shipyard owned by Singapore-based BH Marine and Offshore Engineering, according to local media reports.
First Ship Lease Trust (FSL Trust) has taken back the second tanker chartered to Geden Holdings, that the shipowner defaulted on.
John Fredriksen's Seadrill has placed orders for four ultra-deepwater drillships, to be built at Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI), with a total value of roughly $2.4bn.
Somali piracy fell to its lowest since 2006 in the first half of this year, but violent attacks off West Africa are on the rise, warns the International Maritime Bureau (IMB) its first half report.
Malaysian sovereign wealth fund Ekuiti Nasional Bhd (Ekuinas) offshore supply vessel unit Icon Offshore Bhd plans to make one more regional investment before its planned initial public offering (IPO) next year, according to local reports.