Shipping & Marine
The ship is sinking: Sembmarine lost nearly $35m in Q4
The poor performance of its rigs business pulled revenue down by 41.8%.
The ship is sinking: Sembmarine lost nearly $35m in Q4
The poor performance of its rigs business pulled revenue down by 41.8%.
Delayed worker levy hikes to buoy marine sector by $5m
Firms could save costs of $50-$100 per foreign worker.
Sembcorp Industries pushes results announcement
It has yet to address its Indian IPO and Sembmarine collaboration.
Will Sembmarine clinch the new Johan Castberg vessel deal?
It previously won the deal for the vessel's hull in December 2017.
HPH Trust's profit to grow 10.38% to $175.97m in 2018
But higher interest rates may drag expected earnings.
HPH Trust's profit fell 24.9% to $347.87m in 2017
It was dragged by its revenue, which decreased to $1.95b.
Sembcorp Marine earns $1.5b in just three weeks
This makes its parent company, Sembcorp Industries, the best performing stock in January.
Rig production deals set to rise in 2018
Thanks to oil prices higher than US$60/bbl and lower project costs.
Keppel REIT's NPI rose 15.3% to $36.24m in Q4
Thanks to higher income from Bugis Junction Towers and Ocean Financial Centre.
Sembcorp's share price spiked twice last week
OCBC unveils three possible factors behind the pricing spikes.
Keppel in talks with Borr Drilling for rig sales
It confirmed a news report but said it hasn't set a price for the sale yet.
Singapore to grow sea transport industry by $4.5b
It also wants to create 5,000 jobs by 2025.
Keppel O&M's contracts bucked declining trend in 2017
It bagged over $1.1b contracts last year.
Keppel O&M delivers multipurpose ice-class vessel
MPV Everest can operate in ambient temperature as low as minus 30 degree Celsius.
MPA injects $12m to boost LNG bunkering in Singapore ports
Half of the fund will be used to build LNG-fuelled vessels.
Keppel O&M wins $130m in projects from repeat customers
It won additional work for Petrobras and SOFEC Inc.
Liang Jianfeng steps down as Cosco Shipping International (Singapore)'s acting CFO
The parent company has identified a new CFO.