Shipping & Marine
Noble sells 50% stake in Coalridge Limited for $1.4m
It also broke ties with the coal company.
ASL Marine's loss widens 848.1% to $62.5m in Q4
Impairment charges on inventories and equipment piled up.
Keppel nabs US$400m worth of contracts
This is for the construction of two LNG containers.
Will Sembcorp sell its marine business?
It is currently undertaking a strategic review of its businesses.
MPA, IBM complete trial to maritime operations upgrade
Three of its modules have already completed the trial.
Turkey-Singapore FTA to come into force in October
Exports tariffs will be removed in 80% of Turkey’s tariff lines immediately.
Mermaid Maritime profits drop 53.3% to US$3.6m
Its US$98.6m net order book is a record low for the company.
Why analysts are preferring Sembcorp over Keppel
The former has a stronger operating margin compared to its rival.
Nam Cheong sinks into the red with $641.1m loss
Blame the asset impairment and write-down.
Ezion swings into a net loss of $3.5m
It has seen a drop in the utilisation rate of its service rigs.
Knut Ola Tverdal steps down as Vard Holding's EVP Brazil
He will continue to work with CEO.
FSL Trust loses US$21.8m in Q2
The company recorded non-cash impairments up to US$24.1m.
Yangzijiang's net profit surges 73% to $146m in Q2
Thanks to the strong turnout in its shipbuilding business.
Singapore Shipping Corporation appoints Pebble Sia Huei-Chieh as independent non-executive director
She was also appointed as chairman of the nominating committee.
Sembcorp's marine business orderbook to hit $2b
This would be a recovery from last year's $320m.
Sembcorp Marine's repair revenue down 6% to $137.5m
The firm repaired only 128 vessels in Q2.
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