Shipping & Marine

Keppel O&M clinches $50mln marine contracts

The group’s yards in Singapore and the Philippines build 3 transshipment barges to be deployed in Indonesia.

Keppel O&M clinches $50mln marine contracts

The group’s yards in Singapore and the Philippines build 3 transshipment barges to be deployed in Indonesia.

MTI's Lim calls for R&D investment

Minister for Trade and Industry Lim Hng Kiang urges industries to lay down their money on investments that will strengthen companies' R&D capabilities...

Port of Singapore defeats 19 other nominees

Named ‘Best Seaport in Asia’ and ‘Best Green Service Provider – Seaport’ to remain as the port of choice in the region.

Keppel launches immersive safety training hub for personnel

Key training modules include core competency and safety leadership development programmes and Workforce Skills Qualifications courses.

MPA extends port dues concession for container ships

Agency also tops up Maritime Cluster Fund to $145 million.

China Fishery becomes Peru's sixth largest fishmeal company

Acquisition further increases fishing quota to 6.05% in North of Peru, 10.91% in South of Peru.

China Fishery increases Peru fishing quota through acquisition

Move enables the group to benefit further from increasing global demand for fishmeal.

Astoria Consulting joins SIMTech to introduce shipping technology

“AstorPlan” is aimed to optimise resources planning and deployment resulting to productivity boost for marine industry.

Jurong Shipyard achieves early delivery of West Orion

West Orion is the sixth unit of 6th generation (F&G) ExD Class built for Seadrill Limited.

Sembcorp Marine's order book declined 38.6%

The marine and offshore engineering group is investing in three new shipyards as part of its expansion plans following a decline in its order book...

Temasek now owns 5% stake: Cosco

The state investor has become a substantial shareholder of Cosco, next to China Ocean Shipping (Group) Company.

Keppel O&M secures $140mln worth of contracts

One deal is for a Floating Production Storage and Offloading facility which, when completed, will be able to produce up to 45,000 barrels of oil per...

Keppel delivers floatel 43 days early

The semisubmersible accommodation rig Floatel Superior will be departing Singapore for Bayu Undan in the Timor Sea as part of Keppel FELS' deal with...

COSCO secures $500mln rig contract

Subsidiary Cosco Nantong Shipyard of the Singapore-listed shipbuilder won a $500 million contract for Sevan Driller II Rig.

MPA extends port dues concession

Port dues concession, originally only until 31 March 2010, will be extended for another six months or until the end of September.

Sembcorp Marine's Jurong Shipyard secures S$130mln conversion contract

Jurong Shipyard has inked the deal with Petrobras to carry out pre-conversion works on the MT SUVA, a Very Large Crude Carrier (VLCC).

Ship owners crushed by new supply and bad rates

Now that the cash flows are disappearing owners are now left with spare capacity, what will it do if rates do not recover asks KMPG?