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%

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.

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.”