Latest news and insights from markets & deals.
A wave of tugboat newbuilding orders has emerged over the past six months as owners modernise fleets and expand operations in response to planned new energy and container terminals. Major operators including Boluda Towag…
Hexagon has secured investor agreement to acquire UK-based sensor developer Guidance Marine, enhancing its portfolio of vessel positioning technologies. The Stockholm-listed group plans to merge the Leicester-headquarter…
Astro Offshore has signed a strategic memorandum of understanding with Oceaneering International to jointly pursue and deliver offshore and subsea projects. The collaboration combines Astro Offshore's offshore vessel cap…
Abu Dhabi-based ADNOC Logistics and Services has added two more LNG carriers to its newbuilding programme in China, exercising options for two 175,000-cubic-metre vessels worth approximately 444 million dollars. Schedule…
China's Dajin Heavy Industry has agreed a memorandum of understanding with the owner and developer of Ardersier Port in Scotland to jointly develop an offshore wind hub. The agreement combines Dajin's integrated offshore…
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