Energy & Offshore
Ezion pleads banks for repayment extension to avoid refinancing loans
Repayment period will be stretched to 8 years.
What’s Sembcorp Marine getting out of its US$115.1m PPL Shipyard stake acquisition?
Financial impact will be minimal, say analysts.
Here's why banks won't be pulling Ezion's credit anytime soon
Most of the loans are secured by liftboat assets.
Otto Marine, Hoe Leong squabble over $1.23m debt
Otto Marine filed for the winding up of Hoe Leong.
KrisEnergy’s net losses soar to $33.8m
Blame it on jittery global oil markets.
Nam Cheong sinks into the red with $12.6m losses in 1H16
Shipbuilding and chartering businesses were uninspiring.
EMS Energy swings into the red as losses jump to $2.85m
Marine, offshore, and trading segment is not performing well.
Swiber fiasco rankles Singapore's offshore and marine hub status
Energy firms hurt as explorers slash spending.
London talks, last-minute $146m DBS loan failed to save Swiber: Bloomberg
Court documents detail Swiber’s sinking saga.
Keppel Corp. denies media report alleging bribery by executives
No one authorised bribes to Petrobras, it said.
Swiber fiasco casts a pall on banks’ ability to float O&M firms
Defaults, urgent capital raising loom over companies.
Can Sembcorp keep its head above water amid Sembcorp Marine’s weak H1 performance?
It’s counting on its utilities arm to buoy profits.
POSH sinks into US$17.5M net loss
Three of four businesses suffered large revenue drops.
Noble Group shares plummet to 13-year low: Bloomberg
Investors are jittery over its cash-raising activity.
Lacklustre offshore market pushes Ezra to prowl for fresh capital: Bloomberg
It’s trying to sell roughly $100m of new stock.
Sembcorp Marine’s thinning orderbook threatens to sink profits: analysts
Net orderbook is currently estimated at $4.7b.
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