Shipping & Marine
Cosco sinks into a $79m net loss in Q1
The company received numerous order cancellation requests.
5 catalysts that can usher in growth for Sembcorp Marine
Potential M&As in Singapore yards is one.
Yangzijiang's net profit soars 49% to $135.3m in Q1
All thanks to the resale of four bulk carriers.
Sembcorp Marine's net profit sinks 27.9% to $39.5m in Q1
Lower turnover for rigs and floaters badgered its earnings.
MPA inks five deals to push innovation in the shipping sector
An agreement with ST Electronics is one.
Singapore declared as maritime capital of the world
It clinched the top sport for the third time.
Singapore to develop digital platforms for maritime sector
This is to deepen collaboration and strengthen linkages within trade.
Keppel enters 3-way deal to save deferred jack-up rigs
This is for the construction of five jack-up rigs originally for Transocean.
Ting Kah Soon resigned as Nam Cheong's CFO
He is taking an executive position in another company.
MPA inks cooperation deal with Japan
This is to promote greater collaboration between the port sectors of the two countries.
CMA CGM and PSA launch phase 2 of container terminal JV in Singapore
The joint venture now has total operating capacity of 4 million TEUs.
Yangzijiang subscribes for 30% equity interest in an investment fund
Jiangsu Nantong Yanhai Emerging Industrial Investment Fund is now an associate.
Keppel's cashflow to finally improve with new rig deal
Borr Drilling will pay a downpayment of US$275m.
Here's how the Ezra bankruptcy filing is impacting Triyards
Lenders might demand immediate repayment.
Lender wants more assurance from Rickmers
Rickmers Maritime Trust has until 15 April 2017 to propose a better plan.
Ezra's US bankruptcy filing sends shockwaves
Six firms have defaulted since November 2015.