Samsung Heavy Industries

Transocean to acquire Ocean Rig for $2.7 billion

SEPTEMBER 4, 2018 — Offshore drilling contractors Transocean Ltd. (NYSE: RIG) and Ocean Rig UDW Inc. (NASDAQ: ORIG) report that they have entered into a definitive merger agreement under which Transocean will

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MAN Diesel & Turbo to power 11 MSC mega-box ships

APRIL 17, 2018 — Eleven 23,000 TEU containerships ordered by Mediterranean Shipping Company (MSC) at two South Korean shipyards will each be equipped with a MAN B&W 11G95ME-C9.5 main engines. MAN Diesel