Shipping & Marine
Deal in the works: NOL mulling potential sale or IPO of logistics business
Don’t get too excited about media reports, firm cautions.
Deal in the works: NOL mulling potential sale or IPO of logistics business
Don’t get too excited about media reports, firm cautions.
Nam Cheong inks JV with Marco Polo Marine
It's a 50:50 deal.
Singapore shipper Neptune Orient to sell logistics unit-sources: Reuters
Hoping to fetch $750 million.
Nam Cheong clinches $112.1 million in contracts
For four of its built-to-stock vessels.
Waiting game: Only 50% of rigs could be delivered as scheduled in 14-15
150-200 days of delay on average since 1Q13.
Swissco Holdings clinches $118.1m charter contracts for four offshore drilling units
The contracts will last for two years.
Dyna Mac net profits slump by $0.8 million in 2Q
Profit margin decreased to 6.9% from 9.8% last year.
PACC Offshore's profit dips 56.7% in Q2
Revenue slipped by 3.8%.
It's in the name: Pacific Radiance delivers 68% increase in profits
Due to its strategic renewal fleet programme.
The boat is sinking: Kim Heng suffered a whopping 66% profits crash to $1.6m
Blame it on quick order turnaround time.
Still in the red: Neptune Orient Lines loses $190 million in 2Q
No likely turnaround in sight.
Yangzijiang amasses 52% more profits
It has won the most new orders among Chinese yards.
Sembcorp Marine disappoints in Q2 amid weak ship repair revenues
Profits inched up but were below expectations.
The clock is ticking: Sembcorp on the rush to deliver projects
Its first Sete Brasil drillship is running late.
Why Cosco Corp’s 19% profit jump in Q2 is no cause for joy
Management is pessimistic amid thin margins.
Strike it rich: Ezion gains 25.5% in profits.
Thanks to the company's service rigs.
Keppel Corp’s profits surge 11% in 2Q14 as offshore deals boom
It has secured new order wins worth $3.2bn in 1H14.