Shipping & Marine

Cosco sinks into a $79m net loss in Q1

The company received numerous order cancellation requests.

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.

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.

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.