Shipping & Marine
Why Sembcorp should not expect much from its shipyard segment
Its new build orders will likely remain below required replenishment levels.
Cosco extends delivery date of jackup rig for an Asian company
Delivery date would be moved to March 30, 2018.
Simon Stewart Davidson resigned as FSL Trust Management's independent director
He was unhappy over the procedure and process of the appointment of the new CFO.
COSCO remains uncertain on securities prices amidst shipyard restructuring
Trading suspension might be underway.
Civmec unveils plans for $80 million Australian shipbuilding facility
It wants a slice of Australia's $89b submarine upgrading program.
Keppel's 2016 O&M earnings could crash 80% from 2014 level
Another 30% slash is expected next year.
Singapore yards' contract boom cycle is over: analyst
Annual contract wins could shrink by over half from peak levels.
Hutchison Port Holdings Trust may need to buyout assets
At 45.1%, it has the lowest net gearing among mid-cap firms.
Swiber's ex-chief questioned by CAD
Other current and ex-directors were also investigated.
Swiber-linked Vallianz directors under CAD probe
Management says the investigation is not related to the company.
Pacific Radiance's executive director goes under corruption probe
The company is unable to disclose further information.
Nam Cheong's client terminates vessel contract
The ship builder considers legal recourse.
Vallianz Holdings slapped with two Swiber-linked foreign lawsuits
The total claims are worth over $10m.
Swiber's judicial management extended for 180 days more
It will only be in force until October next year.
Yards' recovery could lag despite the oil price bounce
E&P companies seen primary beneficiaries.
Chia Wan Huat steps down as Mermaid Maritime Public's executive director
He will continue to serve as senior executive vice president.