Category: Business

VINCI Construction has acquired ION Property Group and will merge it with VINCI UK Developments. The merged development business will focus on the local authority urban regeneration market, under the brand of ION Developments, headquartered at the Port of ...

State-owned Cochin Shipyard Ltd on Thursday (May 7) said its wholly owned subsidiary, Udupi Cochin Shipyard Ltd (Udupi-CSL), has secured a notable order from Ocean Sparkle, an Adani Group company, for the construction of four ASD (Azimuthing Stern Drive) tugs with ...

The move is seen as both strategically and commercially significant for both countries; the acquisition has expanded CDPLC’s access to international markets, Indian clients, and new contracts. Shipping Corporation of India’s Swarna Pushp undergoing repairs at the Colombo Dockyard.  ...

Malaysia’s Ministry of Home Affairs officially signed a contract with Desan Shipyard for the construction of a second Multi Purpose Mission Ship for Malaysia’s coast guard on the sidelines of the 2026 Defence Services Asia (DSA) exhibition in Kuala ...

The Department of Airports plans six new airports, with Bueng Kan first in line for Cabinet approval after its EIA passed Thailand’s Department of Airports has updated its plan to build six new airports worth a combined ฿26 billion, ...

Earlier on Feb 26, Seatrium reported earnings of $324 million for year ended Dec 31, 2025, double from the previous year. Photo: Seatrium Mainboard-listed Seatrium has successfully delivered a wind turbine installation vessel (WTIV) to Maersk Offshore Wind on ...

The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025 The Sarawak-based offshore support vessel provider says the divestment is part of its fleet reprofiling initiatives. PHOTO: BT FILE [SINGAPORE] Malaysian offshore ...

Collaborating with Hitachi Energy, L&T has been nominated by TenneT to deliver HVDC converter stations. The initiative aims to accelerate the integration of large-scale renewable energy into the European power grid, particularly across the German and Dutch sectors of ...

Dutch transmission system operator (TSO) TenneT has completed its 700 MW offshore grid connection programme with the grid readiness certification now in place for the Hollandse Kust West Beta connection, the company said on 28 October. Cable installation for ...

Repeat customers keep offshore and marine contractor’s order book buoyant The power station vessel, Karadeniz Powership Fatmagul Sultan from Karpowership, undergoing repairs at Seatrium’s yard in Singapore.Photo: SEATRIUM Seatrium has boosted its order book to the tune of around ...