Shipping & Marine
Chua Wei Teck steps down as Swissco Holdings executive director
Chua Wei Teck steps down as Swissco Holdings executive director
He intended to pursue other opportunities.
Why Neptune Orient Lines is failing to cash in on massive oil price crash
Don’t expect any savings for NOL.
Swissco Holdings names Kelvin Tang Kheng Guan as executive director
He is currently chief investment officer at Swissco Holdings.
Mermaid Marine gasps for air in $470m contracts backlog
It hopes to ride out volatility and come out strong.
Big cap shipbuilders hardest hit by oil price plunge
Small caps are surprisingly resilient.
Marco Polo Marine profits crash 30% in 2014
Outlook remains good, however.
Cosco clinches $39.2m livestock carrier contract
It will be delivered in 2016.
Widening corruption probe at Sete-Brasil impairs Sembcorp Marine operations
Order flows likely to slow.
Port operators shun mega-carriers on back of crippling construction costs
These ships are draining public funds.
A sinking ship: Ezra Holdings’ share price plunged 30% in just two months
It has lost almost half of its value.
Shipbuilders’ stocks to languish as new orders vanish in 2015
Existing orders are likely to be sold at a bargain.
Marco Polo’s ship building operations threatened by strong competition in the region
Worsened by subdued global economic outlook.
Cosco delivers tender barge to Energy Drilling
It has a working depth of 2,000 meters.
Batten down the hatches: Shipbuilders’ woes escalate as rig glut intensifies
Dark days are ahead for the sector in 2015.
Singapore's Universal Terminal starts pre-marketing oil terminal trust IPO
It’s looking to raise $1b.
Bankrupt OW Bunker’s Singapore arm to meet with liquidator on 4 Dec
As six more vessels are arrested.
Still in the red: Yongnam hit with fourth straight quarter of losses in Q3
It booked a $8.4m loss last quarter.
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