Shipping & Marine
We’re being paid: COSCO
The shipbuilder clarified their vessel building contracts were entered into with subsidiaries of Sevan Drilling and not with its financially...
We’re being paid: COSCO
The shipbuilder clarified their vessel building contracts were entered into with subsidiaries of Sevan Drilling and not with its financially...
COSCO secures $356mln contract
Two units of jack-up drilling rig will be built for KS Drilling.
Alleged irregularities push COSCO shares down
Shares of COSCO dropped as much as 3.5 percent to S$1.96 following negative publicity.
Shippers get some relief even as credit worsens: Moody's
The ratings agency also warns ships could go idle again but so far so good.
NOL caught in EU anti-trust probe
According to a report in Reuters, anti-trust investigators visited the shippers UK offices to "identify the existence of any evidence of infringement...
Keppel inks US$772mn deal to 4 build jackups for Standard Drilling
Latest contracts boost value of new orders secured year-to-date to over S$6.4bn.
Sembcorp net profit up 1.2% in 1Q11
Net profit surged to $150.6 million, said Sembcorp Marine.
Lim Joke Mui steps down as member of Sembcorp Board Special Committee
She has stepped down with effect from 6 May 2011 to pursue her personal interests.
Cosco net profit grew 53% in 1Q11
Net profit attributable to equity holders of the Company also increased 16.9 per cent.
Keppel FELS inks LOI for two US$400mln rigs
Gulf Drilling International has commissioned the company for the construction of two KFELS Mod VB Bigfoot jackup rigs.
SMOE emerges as frontrunner for US$1bln topside project
The contract from PTTEP could potentially lift Sembcorp Marine's YTD orders to about S$2.0bln.
Pirates hijacked Singapore-registered vessel MT Gemini
The chemical tanker with 25 personnel on board is believed to have been hijacked off Kenyan waters and heading towards Somalia.
Singapore remains best seaport in Asia
For the 23rd time, Singapore won the 'Best Seaport in Asia' award at the 25th Asian Freight and Supply Chain Awards.
Sembcorp Marine bagged $20mn worth of contract
Jurong Shipyard, Sembcorp Marine's subsidiary, has secured a contract from Golar LNG Energy to convert the LNG Khannur to a Floating Storage and...
NODX to Japan contracted 6.9% in March 2011
Non-oil domestic exports to all top 10 NODX markets, except China, the EU 27, the US and Taiwan, fell in March 2011.
Japan calamities to ease exports growth
Elevated oil prices and the full effects of the calamities in Japan will affect the exports as it unfolds.
NODX contracted 2.9% month-on-month in March 2011
On a year-on-year basis, however, NODX rose by 10%, following the 6.9% increase in the previous month.
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