Shipping & Marine
Keppel secures USD560M contract from Maersk
Keppel secures USD560M contract from Maersk
There's nothing like a repeat contract worth around US$560 million to say "job well done".
Jebsen & Jebsen Group acquires Halcyon Offshore
Will Halcyon Offshore give Jebsen & Jebsen leverage in the offshore and marine sector?
Container freight rates capped for now
Firms bracing for more spot rate increases can relax as the next big round of hikes will most likely be pushed to next spring.
Ahoy, cruise ships: Marina Bay Cruise Centre Singapore ready for docking
The 28,000-square metre MBCCS can handle 6,800 passengers at any one time and makes it possible to cater to the world’s largest cruise ships.
Keppel's O&M orderbook and Sete Brasil contracts: cushions against current weakness?
Analysts cite recent downturn in stocks as mere near term disappointments, and expects Keppel's operating margins to persist in the 14-16% range.
Will freight rates plunge to all-time lows again?
The danger is there as the shipping industry hits a price hike cap but it could be averted if the biggest players refrain from adding more capacity.
NOL efficiency efforts can only do so much: DBS
It cut $100 million in costs through operational improvements but punishing macro conditions will keep pulling its profits down.
ASL Marine's net profit slips by 1% to S$8m
Higher operating expenses was the reason given for the decline. On the other hand, ASL Marine reported a gross profit increase of 53% to S$16m.
Sembcorp Marine winning streak will continue: DBS
The company is well-positioned to clinch more yard contracts even as it racked up its sixth order for the year.
Sembcorp Marine profit fall not a sign of weakness?
Revenue is still robust and the first quarter dip resulted only from issues in timing and not underperformance, argues Maybank Kim Eng.
Swissco Holdings Director Oh Choon Gan resigns
Mr Oh was an Audit Committee member and the Chairman of the Remuneration and Nominating Committees.
COSCO profit down 25% to $27.8m
No thanks to lower profit contributions from dry bulk shipping and shipyard operations.
Have shipping rates peaked already?
Asia-Europe prices will likely remain steady for the summer as carriers meet increasing resistance to rate hikes.
Marco Polo Marine's profit sinks by 22%
The weakening of the rupiah against the US dollar led to MPM's share loss of S$0.8m from Bina Buana Raya instead of earning a S$1.2m profit.
Otto Marine issues profit warning
If you’re a shareholder, you might want to know that the company and its subsidiaries expect to report a loss for first quarter ended 31 March 2012.
Winning and rigging soon: More than eight $1B contracts from Petrobras
Keppel is rumored to be in final negotiations with Petrobras on two of the eight FPSOs. Jurong Shipyards and the Mendes Junior-OSX consortium are the...
COSCO secures US$200M deal from COTEMAR
COSCO wins the contract to build one unit of Semi Submersible Accommodation Vessel that will operate in the Gulf of Mexico and in the North Sea.
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