Shipping & Marine
Domestic, foreign wholesale trade sales record double-digit declines in Q3
Domestic, foreign wholesale trade sales record double-digit declines in Q3
Petroleum sales dragged down local wholesale trade sales for the quarter.
SCMA, SICC enhance S'pore's maritime trade arbitrations
SCMA designates SICC as the supervisory court to hear IAA-related applications.
Seatrium expecting net loss in FY2023 despite a rise in its order book
In 3Q23, the company's net order book rose to $17.7b.
Yangzijiang Shipbuilding secured US$770m orders in Q3
Amongst key deliveries include the world’s largest containership.
How Tuas Mega Port is charting a new course for SG's industrial property sector
As of 2Q23, total industrial stock in the West Planning Region reached 261.3 million sq ft.
Seatrium delivers floating production unit to Shell
The unit comprises a four-column semi-submersible floating hull of over 22,000 tonnes.
MPA to kickstart digital bunkering initiative on 1 November
It will become the world's first port to implement electronic bunker delivery notes.
MPA calls for proposals on the adoption of electric harbour craft in SG
Submission of proposals is open until 19 December 2023.
SG inks mutual agreement to enhance cargo clearance efficiency with ASEAN member states
Six out of ten signatories are now preparing their respective programmes.
SG, China ink 3 MoUs on maritime collaboration
One of the MoUs will explore the use of zero or near-zero-emission marine fuels.
Singapore named world’s top maritime centre for 10th straight year
The city edged 43 other global maritime hubs to clinch the title.
ACN’s new aviation leasing office opened for UK expansion
The office allows ACN to expand to clients in Europe, the US, Africa, and the Middle East.
MPA and global partners aim for 30% reduced GHG emissions in shipping corridor
The partnership seeks to develop near-zero fuels in large container vessels.
MPA to pilot trials for electric habour craft charging stations
MPA plans to roll out the charging infrastructure for e-HC operations starting 2025.
Seatrium commits support for subsidiary’s bond payment obligations
The interest rate margin has lowered since 18 August.
Exports drop 20.2% in July
Electronic and non-electronic domestic exports also dropped.
Yangzijiang’s profit attributable to shareholders rises 47% YoY to RMB1.7b in 1H23
The company attributed its improved profit to increased shipbuilding activities.
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