Shipping & Marine
SG port congestion eases, northern Asia delays persist
SG port congestion eases, northern Asia delays persist
Carriers are rerouting to alternative ports in Malaysia, India, and Sri Lanka.
Civmec to acquire Luerssen Australia in non-binding agreement with NVL
Luerssen Australia builds patrol vessels for the Royal Australian Navy.
Civmec Limited have entered into a non-binding agreement with NVL B.V. & Co...
Beng Kuang Marine exits SGX watchlist
The company was removed from the watchlist on 15 October.
MPA invites proposals for electric patrol craft
Submission will close on 14 December.
MPA holds 16th joint oil spill exercise to test incident response
It was held at the Western Anchorage off Pasir Panjang Terminal.
The Maritime and Port Authority of Singapore (MPA) held its 16th Joint Oil Spill...
Yangzijiang Shipbuilding expects favourable rulings in arbitration against subsidiaries
The claims will not adversely affect the group's financial position for 2024.
Singapore and Shandong to establish green and digital shipping corridor
The initiative will boost the maritime industry between Singapore and the Bohai and Yellow Sea regions.
MPA and Imperial College London ink 5-year deal for zero-carbon port solutions
The partners will also explore talent development initiatives.
CCCS seeks public feedback on Hanhwa’s stake acquisition in Dyna-Mac
Hanwha seeks to acquire more than a 50% stake in Dyna-Mac.
Hanwha Group stands firm on $0.60 apiece offer for Dyna-Mac
It is currently the only offer for the group.
COSCO Shipping to expand Jurong Island logistics hub
The expansion will nearly double the hub's operational capacity.
ST Engineering unveils new $95m smart shipyard at 55 Gul Road
It was acquired in February 2023 to replace the Tuas Yard.
Singapore port congestion may persist until year-end
Ships have had to wait for one to two days to berth amidst the Red Sea attacks.
MPA permits night operations for container barges at Pasir Panjang Terminal
Barge operations will now be allowed from 7:00 pm to 6:30 am.
Grand Banks Yachts’ net profit more than doubles in FY2024
Earnings per share stood at $0.1158.
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
This was despite a 4.6% decline in revenue.
Singapore logistics investments: stable
Singapore remains stable amid global industrial and logistics transactional activity despite H1 investments across APAC down 11% year-on-year.
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