Shipping & Marine
ICP Ltd appoints Soh Chiong Siong as CFO
He was senior manager for special project at Frasers Centrepoint Corporate Office.
Singapore Shipping Corp promotes Kiersten Ow Yiling to treasury manager
She was management associate for treasury of Singapore Shipping Corp.
NOL’s small ships no match against industry behemoths in transpacific profit race
It might lose its spot as one of the top liners.
Shipbuilders brace for choppier seas after dismal first quarter results
Q1 was a harbinger of tougher times ahead.
NOL struggles to stay afloat as freight rates fall
Low bunker fuel costs aren't helping much.
Is AMS using Ezion as a scapegoat?
The middleman could be trying to save its position.
Daily Markets Briefing: STI down 0.1%
Expect some gains today.
Ezion sued by partner over Maersk breach allegations
The claims are frivolous, Ezion says.
COSCO bags deal to build tanker assist vessel for Sentinel Marine
It will be delivered in Q1 2017.
Neptune Orient Lines books $14.5m loss in Q1
Due to the challenging shipping market.
Vard Holdings hit with $40m loss in Q1
On back of forex losses.
Sembcorp’s overseas growth unable to mitigate domestic weakness
Operational pressures still abound.
Yangzijiang net profit down 12% YoY to $151.5m
Investment revenue was seasonally low.
Struggling Cosco at risk of sinking after colossal Q1 miss
Due to double whammy from offshore and shipbuilding.
Cosco's net profit crashed 82% to $4.25m in Q1
Due to headwinds in dry bulk shipping and shipbuilding.
Marine and offshore firms extremely downbeat about prospects in Q2
Blame it on low oil prices.
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