Shipping & Marine
Swiber stuns O&M and banking giants with wind-up decision
A hearing will commence on 19 August.
Sembcorp Marine’s net profit sinks by 89.5% to $11.5m
It was dragged by $35m in forex losses.
Daily Briefing: Sembcorp sees profit slump; SIA profit nearly triples
And Swiber’s wind-up flags rising risks Singapore bondholders face.
Here’s why Keppel’s O&M woes are worse than you think
The firm is expecting a “harsh” winter.
Here’s why Triyards is primed to weather the tough offshore and marine environment
It all boils down to a diversified order book.
Triyards’ net profit drops by 2% to US$13.9m
On back of the tough operating environment.
CMA CGM crosses 90% ownership threshold in NOL
It will compulsorily acquire all remaining shares soon.
Daily Briefing: CMA CGM hits 90% acquisition threshold for NOL; SIA’s India unit takes on Gulf carriers
And Brexit unexpectedly props up Singapore's property market.
Ezion enters into JV to acquire 49% stake in vessel charterer
The company is located in Indonesia.
Here's why NOL shareholders should snap up CMA CGM’s offer
Share suspension could be on the horizon.
CMA CGM forms JV with PSA to operate four berths at Pasir Panjang
Operations will begin in 2H16.
Temasek sells all of its shares in NOL; CMA’s offer turns unconditional
CMA now has 78.07% stake in the company.
Outlook for Cosco crumbles amid complicated restructuring deal
On top of dwindling orders, weak cash position.
Sembcorp Marine delivers Hercules Highlander jack-up rig to Maersk for $262m
Its capabilities include a two-million-pound drilling capacity.
Will YZJ stay afloat amid the sinking shipbuilding market?
Seven years of market dominance is key.
Chinese regulator green-lights $3.4b NOL takeover
A formal offer will be launched in June.
Cosco sinks into the red with $14.4m loss in Q1
Blame it on lower shipyard, shipping revenue.
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