Shipping & Marine
Cosco's net profit crashed 82% to $4.25m in Q1
Due to headwinds in dry bulk shipping and shipbuilding.
Cosco's net profit crashed 82% to $4.25m in Q1
Due to headwinds in dry bulk shipping and shipbuilding.
Marine and offshore firms extremely downbeat about prospects in Q2
Blame it on low oil prices.
Yangzijiang's net profit slipped 12% to $150.5m in Q1
Due to the subdued shipbuilding market.
Hutchison Port Holdings Trust’s net profit plunged 48.9% to $49m
Due to the absence of a one-off gain.
Creditor hounds Otto Marine for $1.57m worth of debt
It has filed a winding up application with the High Court.
Sembcorp appoints Ajaib Haridass as director
He will also be a member of the Audit Committee.
MPA pours $2.4b into Tuas Terminal Phase 1 construction
Port operations will be consolidated here.
Tony Chew Leong Chee retires as Keppel Corp director
He will also relinquish his chairmanship of the Nominating Committee and membership of the Audit Committee.
NOL’s recovery hopes sink as shipping industry woes intensify
Its APL Logistics divestment will have a negative impact.
Brazil order wins for Sembcorp Marine have dried up in 1Q15: analyst
Operating problems will persist.
Sembcorp Marine's colossal crane vessel deal reportedly worth over $1.38b
It defeated seven other yards to bag the contract.
Authorities arrest consultant in alleged Petrobras bribery case, says SembMarine
Its internal investigations are still ongoing.
COSCO bags contract to build 7 container vessels
Scheduled for delivery in 2017.
NOL still a regional laggard despite recent price rally
Can it maintain its upward momentum?
M1 inks MOU with Maritime and Port Authority to equip ships with 4G broadband
It will also enhance network connectivity within local waters.
Ezion and Triyards extend exercise period of warrants by four months
As customers take time to finalise desired liftboat specs.
APL Logistics sale won’t save NOL in the long run
The liner business remains a key drag.
Read Here
Advertise
Sign Up
