DOF Group will sell four PSVs, generating about $50 million in net cash proceeds after related debt repayment, and acquire two 123 m newbuild CSVs for delivery in 2027 and 2028.
DOF will sell four PSVs, acquire two CSVs under construction and receive a $115 million insurance payment after declaring Skandi Amazonas a constructive total loss.
PaxOcean has opened its 17.26-hectare 5JS shipyard in Singapore, adding LNG repair capability, digital engineering and innovation support for complex maritime and offshore projects.
PaxOcean has opened its 5 Jalan Samulun shipyard in Singapore, adding graving docks, workshops and an innovation hub while advancing R&D and sustainability initiatives.
PaxOcean Zhoushan has named PAC LIBRA, the first 40,000-DWT multi-purpose vessel jointly developed with PCL, featuring heavy-lift equipment and upgraded cargo-handling systems.
PaxOcean has completed the successful redelivery of the CLV Bentang Bahari to PT Ketrosden Triasmitra, after a full conversion at its Batam yard, enhancing Indonesia’s subsea cable capacity.
