Shipping & Marine
Will the tides turn in 2016 for beleaguered Sembcorp Marine?
Will the tides turn in 2016 for beleaguered Sembcorp Marine?
More writedowns, order cancellations may be around the corner.
Cosco crashes into the red with $570m net loss in FY15
Blame it on shipyard, shipping segments’ weak performance.
Nam Cheong issues profit warning as order flow dims
But it should remain profitable for FY15, they say.
ICP books $800,000 net loss in H1
On back of weak revenue, skyrocketing costs.
Singapore Shipping Corporation’s net income rises by 38.7% to USD4.2m
Thanks to full contributions from its existing vessels.
FSL Trust bids farewell to two idle vessels for US$10.8m
It was done to protect shareholder value.
Cosco bags engineering contract with European customer
It’s to build a 15,000 cbm trailing suction hopper dredger.
Maersk Line consolidates Asia operations, relocates HQ from Singapore to Hong Kong
Singapore will become a country cluster office.
Vard clinches deal to design Antarctic icebreaking vessel for Chilean navy
It's worth EUR 4m.
Mercator Lines sells 5 vessels for US$32.2m
The vessels will be delivered by February.
Daily Briefing: Keppel uncertainty prolongs; China infects Singapore banks
And here’s the deal on a mega project launching soon.
Here’s how Ezra can energise its dwindling share price
It needs help from its subsea arm.
Singapore PSA container throughput performance sinks by 8.7% in 2015
Blame it on anemic global trade.
Port authority launches proactive measures as container throughput sinks to drastic low
The slump in Asia-Europe volumes is sinking maritime performance.
Sembcorp Marine braces for a rough 2016 as Sete Brasil hurdles escalate
Petrobras may reduce orders from 15 to just 6.
Daily Briefing: Brazilian blowout hits Sembcorp; SGX reviewing reporting rule
And here’s the silver lining in property stocks.
Triyards’ profit surges 30% YoY to US$6.2m
Projects have moved into advanced construction stages.
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