Shipping & Marine
Deepwater woes: Below average new orders to plague Vard Holdings in the medium term
On the back of falling asset utilisation and charter rates.
Deepwater woes: Below average new orders to plague Vard Holdings in the medium term
On the back of falling asset utilisation and charter rates.
Triyards’ revenue down 37% in 1Q15
It raked in $75.9m.
Keppel Singmarine clinches two contracts worth $65m
For an AHT vessel and a liftboat.
Marco Polo Marine secures more than $61m in multi-year contracts
Four long-term vessel charters were also renewed.
Swiber aims to raise $45m via rights issue
The shares are almost 50% cheaper than its last traded price.
Hyflux clinches $333m Oman construction project
But the deal provides limited upside.
Yangzijiang clinches nine effective contracts worth over $517m in Q4
It clinched $1.8b worth of orders for the entire year.
Keppel struggles with lacklustre order wins on back of massive oil price rout
It clinched $5.1b worth of contracts in FY14.
Jacqueline Soon Ji Ling quits as Heatec Jietong Holdings human resources manager
She resigned on her own accord to pursue other career opportunities.
Beng Kuang Marine names Lee Yaw Loong as alternate director
He will act as an alternate to Kwek Kok Beng, an non-executive director.
TEHO International names Kelvyn Oo Cheong Kwan as director
He will also become chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee.
No safe harbor: All offshore players now at risk as oil price rout intensifies
Weaker players might sabotage the entire industry.
Beng Kuang Marine names Kwek Kok Beng as director
He will also become a member of Audit, Nominating and Remuneration Committees.
Vard clinches subsea contract for Farstad Shipping
Delivery is scheduled in 4Q16.
Vallianz clinches $127m charter award in the Middle East
Its order book now stands at $822.2m.
Beng Kuang Marine hit with trade with caution notice after massive share price slide
Its share price fell by 13.1% in just one day.
Three former ST Marine execs hit with corruption charges
The investigation has been ongoing since 2011.
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