Shipping & Marine
$10m port upgrade works completed
Vessel traffic information system now fully operational in POCC-Vista.
$10m port upgrade works completed
Vessel traffic information system now fully operational in POCC-Vista.
Keppel Shipyard's managing director Nelson Yeo passed away
Mr Yeo suffered brain haemorrhage over the weekend while on business in London.
Shipping containers whacked by flagging demands
Freight rates are below levels post-1 March rate hikes even at this traditionally peak season.
Otto Marine incorporates new subsidiaries
The investment is funded through internal resources and is not expected to have any material financial impact.
Nam Cheong wins US$59m contracts
The contracts pushed Nam Cheong’s year-to-date order book to a high of RM1.06 billion in contract value.
Samudera Shipping Line promotes Thomas Lee Thuan Aun as General Manager
He will head the Trade Management Team of the company.
Otto Marine hauls in time-charter contract
The contract is expected to generate up to US$18.5 million with options.
Check out what's making Sembcorp Marine's pockets fatter
Its net order book is now approximately SGD12.7bn.
Sembcorp Marine's order book reaches a record $12.6b
Besides Brazil, international enquiries for drillships and semi-subs remain strong, says CIMB.
Check out Cosco's pricing strategy against Keppel
Cosco's recent US$170mn contract was 19% cheaper than the price which Keppel secured for a similar design.
Sembcorp Marine inks US$674m construction deal
Eight modules will be built for two FPSO vessels from Tupi.
Sembcorp Marine merges wholly-owned units
Jurong Solutions and Dolphin Rig 7 is now incorporated.
Singapore Shipping names Jones Christopher Adrian as Director
He is also Chairman of the Remuneration Committee and member of the Executive and Audit Committees.
NOL to suffer oversupply with 7.8% fleet growth
63% of these ships are for Asia-Europe trade lane where demand is dwindling.
Cosco appoints Ma Hong Han as Chief Financial Officer
The 41-year old officer was former Deputy General Manager of Finance Division.
4 reasons why Sembcorp Marine is not veering off course
It is one of the best in the offshore & marine sector, thanks to its 36% profit surge.
Cosco inks US$20m construction contract
Cosco Shipyard is set to build one jack-up barge for BAM International Australia.
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