Shipping & Marine
MPA allocates $15m to MCF till 2030 to enhance the industry's sustainability
The additional funds will cover 50% for SMEs and 30% for non-SMEs, up to $30k.
MPA allocates $15m to MCF till 2030 to enhance the industry's sustainability
The additional funds will cover 50% for SMEs and 30% for non-SMEs, up to $30k.
Singapore, Australia ink MoU to create green, digital shipping corridor
They will develop eco-friendly fuel supply chains for the maritime industry.
Yangzijiang Shipbuilding's profit up 57% to record $765.4m in FY2023
Final dividend is 6.5 Singapore cents per ordinary share.
Seatrium widens net loss in FY23 to $1.9b
The company attributed its losses to non-cash write-downs, amongst others.
MPA shortlists 11 design proposals for Singapore’s electric harbour craft
It received 55 proposals from 32 international and local companies and consortia.
Hong Kong draws on Singapore for modern, green port development
Smart logistics is an area of collaboration Hong Kong intends to push with Singapore.
Seatrium bags retrofit CCS project from Solvang
The project is scheduled to commence this year.
Seatium renews contract with GasLog and Shell
The renewed contract is valid from 2024 to 2029.
Grand Banks profit surge 91.7% in H1
The rise in production activity in the Malaysia facility increased total revenue by 29.5%
Hutchison Port Holdings Trust's DPU climbs to $0.077 in 2H23
DPU for the full year was $0.132.
MPA welcomes 3 new board members
They will serve the agency for three years.
Seatrium unveils Singapore’s first membrane LNG bunker vessel
The vessel is set to commence operations in February 2024.
SGX-listed Seatrium says it will log “significantly higher” losses in 2023
Seatrium is in the process of closing, writing down non-core assets.
Singapore Registry of Ships surpasses 100 million gross tonnage milestone
The SRS registered a new VLCC tanker named Eagle Veracruz.
Yangzijiang Shipbuilding secures orders for 6 methanol dual-fuel containerships
The company will deliver the vessels from 2027 onwards.
Port of Singapore’s container throughput rises 4.6% to 39.01 million TEUs in 2023
The port also set a new high of 3.09 billion GT of vessel arrival tonnage.
OOCL unveils eco-friend 24,000 TEU mega vessel
The vessel is called “OOCL Valencia.”
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