Energy & Offshore
Could the Marco Polo scuffle trigger a dreary domino effect for SembMarine?
It’s the first formal cancellation for SMM.
Could the Marco Polo scuffle trigger a dreary domino effect for SembMarine?
It’s the first formal cancellation for SMM.
SembMarine locks horns with Marco Polo over scrapped $306m rig contract
There were cracks on the rig, says Marco Polo.
MEF GEN15 Opens With A Focus On Enabling The Future Of Global Networking Powered By CE 2.0, LSO, SDN & NFV
More than 1,000 professionals from 280+ organizations based in 35 countries registered for GEN15.
Mermaid Maritime’s Q3 profits jump 22% YoY to US$15.9m
It’s buoyed by optimised subsea utilisation.
Boustead Singapore’s Q2 profit crashes 28.7% YoY to $9.6m
Multiple segments delivered poor profits.
Will partnerships save battered Ezion from the industry maelstrom?
Talks for tie-ups are ongoing.
Vessel disposals save the day for struggling Pacific Radiance
One-offs kept it afloat.
SembMarine completes 12 cruise ship upgrading projects in 2015
This is the most number of cruise ship repairs on record.
Apple’s Singapore operations to be fully powered by solar energy
This is the first deal of its kind in Southeast Asia.
Will Singapore's largest shipbuilders ever outperform the market again?
Don't be shaken by their sharp price drop.
Ezion’s profit plunges 38.7% to US$30.3m in Q3
Demanding clients and reduced oil prices hurt earnings.
Hoe Leong's net profit jumped 21% to $0.8m in Q3
Thanks to higher contributions from most divisions.
Vard sinks deeper with NOK486m net loss in 3Q
More headaches surfaced from its Brazilian projects.
Sembcorp battered by S$23m receivables provision and receivership
Two out of three divisions are hurting Sembcorp’s performance.
Hyflux teams up with Mitsubishi to build $750m waste-to-energy plant in Tuas
The plant would be generating 120MW of electricity.
Consumers rely more on energy firms’ know-how for advice: survey
Singapore’s energy firms are more trustworthy than global peers.
Chart of the Day: Check out the impressive capital returns of offshore & marine firms
Despite an underperformance since 2010.