Shipping & Marine
Keppel O&M nails another $70M in contract wins
Keppel Offshore & Marine yards in the US and Azerbaijan will repair and upgrade a semisub and build a floating dock, respectively.
Keppel O&M nails another $70M in contract wins
Keppel Offshore & Marine yards in the US and Azerbaijan will repair and upgrade a semisub and build a floating dock, respectively.
Peak season surcharges in 3Q12 bleak for NOL: Maybank Kim Eng
Will NOL’s 10% dip in spot price steer the shipping line to a peak season bonanza?
NOL could break even in next three quarters
Rising freight rates and sinking bunker prices are creating a favorable enough condition to float the troubled shipping lines.
Sembcorp Marine underperforms Keppel: OCBC
The analyst believes though that the trend may reverse in the near-term - but on what grounds?
Keppel FELS completes second jackup rig order from Ukraine
The KFELS B Class rig can operate in water depths of 400 ft. and is known for being environmentally sustainable.
COSCO Shipyard delivers 2 bulk carriers
COSCO subsidieries in Zhousan and Guangdong completed two 5700 DWT bulk carrier orders from Europe.
STX OSV lengthens impressive streak with $117mn order wins
The offshore builder clinched new orders from Farstad Shipping to boost its year-to-date wins to a whopping $1.1 billion.
STX shares up after contract wins
Shares of shipbuilder STX OSV Holdings Ltd rose as much as 3 percent after it won two contracts worth $118.1 million, says Reuters.
NOL joins Asia-Europe trade to cut short-term costs
The container shipping operator's entry to the Asia-Europe trade will help trim costs over the next three years.
Manhattan Resources' Director Thia Peng Heok George resigns
Thia Peng Heok George was also Chairman of Remuneration Committee and Member of Audit Committee.
Winbuild Petrofin bunkering licences cancelled after severe contract breaches
The Maritime and Port Authority of Singapore has barred the bunker supplier from operating due to a couple of infractions.
Asia's cruise market is slow to set sail
Singapore’s own cruise market grew at a snail pace of 3.6% CAGR from 2002 to 2011.
Neptune Orient Lines names Jason Wong as Regional President
Mr Wong will take charge of NOL Group's container shipping business in South Asia.
Chart of the Day: Singapore yards bag 41% of market share
Yards in Singapore have consolidated their position in top five rig builders, says Macquarie.
Ezion Holdings awarded an US$86.3M contract
The Service Rig is expected to be refurbished, upgraded, and working by the 4th quarter of 2012.
Shipping rate hikes sink to near-impossibility
Carriers have postponed rate hikes as bookings fizzled and the near-term horizon show no signs of calmer waters.
COSCO's Alternate Director to Wang Hai Min retires
Lu Cheng Gang held the position since 2 August 2010.
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