Shipping & Marine
MPA extends port dues concession for container ships
Agency also tops up Maritime Cluster Fund to $145 million.
MPA extends port dues concession for container ships
Agency also tops up Maritime Cluster Fund to $145 million.
China Fishery becomes Peru's sixth largest fishmeal company
Acquisition further increases fishing quota to 6.05% in North of Peru, 10.91% in South of Peru.
China Fishery increases Peru fishing quota through acquisition
Move enables the group to benefit further from increasing global demand for fishmeal.
Astoria Consulting joins SIMTech to introduce shipping technology
“AstorPlan” is aimed to optimise resources planning and deployment resulting to productivity boost for marine industry.
Jurong Shipyard achieves early delivery of West Orion
West Orion is the sixth unit of 6th generation (F&G) ExD Class built for Seadrill Limited.
Sembcorp Marine's order book declined 38.6%
The marine and offshore engineering group is investing in three new shipyards as part of its expansion plans following a decline in its order book...
Temasek now owns 5% stake: Cosco
The state investor has become a substantial shareholder of Cosco, next to China Ocean Shipping (Group) Company.
Keppel O&M secures $140mln worth of contracts
One deal is for a Floating Production Storage and Offloading facility which, when completed, will be able to produce up to 45,000 barrels of oil per...
Keppel delivers floatel 43 days early
The semisubmersible accommodation rig Floatel Superior will be departing Singapore for Bayu Undan in the Timor Sea as part of Keppel FELS' deal with...
COSCO secures $500mln rig contract
Subsidiary Cosco Nantong Shipyard of the Singapore-listed shipbuilder won a $500 million contract for Sevan Driller II Rig.
MPA extends port dues concession
Port dues concession, originally only until 31 March 2010, will be extended for another six months or until the end of September.
Sembcorp Marine's Jurong Shipyard secures S$130mln conversion contract
Jurong Shipyard has inked the deal with Petrobras to carry out pre-conversion works on the MT SUVA, a Very Large Crude Carrier (VLCC).
Ship owners crushed by new supply and bad rates
Now that the cash flows are disappearing owners are now left with spare capacity, what will it do if rates do not recover asks KMPG?
Sembcorp profits up 63% on more rig building projects
Yet Group's 2009 4Q turnover slid by 17% due to timing of revenue recognition.
Sembawang Shipyard secures S$130mln contracts
Sembawang Shipyard, Sembcorp Marine's subsidiary, renewed its long-term contract with Eitzen Group and won others worth S$130mln.
Neptune Orient Lines runs aground as losses approach $1bln
It may be time to abandon ship as NOL lost almost $1billion and analysts see no signs of profits on the horizon as the sharks circle.
Neptune Orient says losses in first half 'quite likely'
Neptune Orient Lines Ltd said it may be unprofitable in the first half because of concerns about the sustainability of a pick-up in demand.
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