Shipping & Marine
MPA grooms Singapore as leading maritime academic centre
MPA grooms Singapore as leading maritime academic centre
Agency to invest $200mln to establish Singapore Maritime Institute in collaboration with A*STAR and EDB.
Hoe Leong completes $15min acquisition of Malaysia's tanker company
Addition of Semua Group to be the springboard for future expansion in vessel chartering business.
COSCO delivers GEORGIOS P to European buyer
Delivery documents of 18.00 meters high, 32.26 meters wide, 189.99 meters long vessel signed in Dalian.
Sembawang Shipyard secures S$75mln FPSO conversion and uprgading contracts
Contracts include BW Genie conversion to FPU from BW Offshore and FPSO Glas Dowr upgrading.
Vallianz Holdings' director and vice chairman Jonathan Lim to resign
Reconstitution of board and strengthened senior management team encouraged Lim to hand over his responsibilities.
Sembcorp Marine receives US$40mln settlement from Societe Generale
Both parties settled dispute amicably after Sembcorp sued SG to reclaim US$199mln unauthorized forex losses.
Keppel secures $10,000 bonus for Greatship Manisha's delivery
Safe and successful completion of last of four Greatship vessels merits perfect safety record award.
COSCO secures US$51mln contracts for two bulk carriers
Company’s Dalian shipyard also delivered 80,000 dwt bulk carrier, “MAIRINI” to its European buyer.
Keppel to deliver derrick pipelay vessel to Global Industries
162 metre-long GLOBAL 1200 capable of operating in 3,000 metre waters on schedule for delivery.
Sembawang Shipyard secures $110mln upgrading and repair contracts
Contracts comprise of lengthening and dry-docking repairs of Aratere and repairs of 5 membrane LNG carriers.
Neptune Orient back to profit at $100mln
Sustained strong container shipping volumes and improving freight rates helped drive second quarter growth.
Cosco appoints Liu Guo Yuan Chairman
Li Jian Hong vacated the post after his appointment as president of China Merchants Group.
Keppel US unit delivers second Rowan rig
Rowan EXL-II, second of four Rowan jack-ups, will depart the Keppel AmFELS yard within next month.
NOL to issue S$280 mln notes due 2020
Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.
Cosco delivers vessel to European buyer
The IOANNIS THEO measures 18 meters high, 32.26 meters wide and 189.99 meters long.
COSCO delivers FPSO Cidade de Angra Dos Reis MV22
Company also secured contracts for construction of 2 deck barges of 15,000 dwt each worth US$12mln.
See Hup Seng acquires stakes in TAT Petroleum for S$28.4 mln
The corrosion prevention provider strengthens resources with the acquisition of TAT Petroleum and appointment of new Executive Directors.
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