Shipping & Marine

Keppel offshoot gets US$2.3b contract to build Petrobas vessel
11 May 21
Keppel Shipyard has been contracted to build a floating production, storage and offloading vessel for Brazil's national oil company....
MPA launches first ship-to-ship bunkering of an LNG-fuelled oil tanker
10 May 21
The bunkering operation was carried out in partnership with FueLNG Bellina.
Stricter seaport regulations implemented following four positive COVID-19 cases
10 May 21
Expect more frequent testing for fronline workers and stricter zoning measures.
Yangzijiang net profit sails by 89% with record high order book
30 Apr 21
The China-based shipbuilder recorded a net profit of RMB717.7m for the first quarter of 2021.
Here are nine strategies Singapore could use to decarbonise the martime industry
22 Apr 21
The Singapore government has received an international panel's reccomendations on having an eco-friendly maritime industry.
Singapore maritime IT market to generate $6.4b by 2030
22 Apr 21
It is set to achieve a 7.9% annual growth rate from 2021.
Shell to trial hydrogen fuel cells for ships in Singapore
22 Apr 21
The company will charter both the trial vessel and the hydrogen fuel provider.
MPA launches Singapore's first maritime drone estate
21 Apr 21
It provides space to test-bed and develop drone technology for maritime applications.
Ong Ye Kung eyes global maritime decarbonisation centre in Singapore
20 Apr 21
Public consultations will be held to develop the Maritime Singapore Decarbonisation Blueprint 2050 by year end, the transport minister added...
MPA supports first marine biofuel training in Singapore
15 Apr 21
The trial was done by BHP, Oldendorff Carriers, and GoodFuels.
Increased port dues to weigh down ships visiting Singapore from 2022
12 Apr 21
Higher dues will be collected to help maintain the Port of Singapore.
PSA may face schedule disruption if Suez canal blockage is prolonged
26 Mar 21
Minister for Transport Ong Ye Kung warns that supplies to Singapore may be delayed by one to two weeks.
First ship-to-containership LNG bunkering operation in Asia undertaken
25 Mar 21
It underscores Singapore’s goal to become a leading LNG bunkering hub in Asia.
Singapore reaffirms efforts to combat piracy, sea robberies
19 Mar 21
Minister for Transport Ong emphasised the need to protect global commons.
MPA grants Total third LNG bunker supplier license
16 Mar 21
The company aims to contribute to Singapore’s drive to be a key LNG bunkering hub for Asia.
Keppel O&M delivers second newbuild LNG carrier
11 Mar 21
It is designed to support small-scale LNG distribution and bunkering.
Sembcorp Marine clinches $500m sustainability-linked loan from DBS
4 Mar 21
This is reportedly the first SORA-based, sustainability-linked loan in Singapore's maritime industry.
Total Marine Fuels awarded LNG bunker supplier license
1 Mar 21
This is the third bunker supplier license issued by the marine industry regulator.
MPA joins ammonia-fueled tanker project
24 Feb 21
The expanded coalition is now named The Castor Initiative.
SembMarine registers $390m net loss in H2 2020
23 Feb 21
Turnover for the same period dropped 54.9% to $604.1m.
MPA requires shore-based personnel to take COVID-19 test before boarding
15 Jan 21
The test may be shown on either paper or any certified electronic means.
Singapore maritime industry remains as ‘world's top bunkering hub'
14 Jan 21
This is despite the economy contracting by 5.8% in 2020.
NewOcean 6 ceases operations due to COVID-19 cases on board
7 Jan 21
Palmstone Tankers & Trdg would have to review all procedures before being allowed to continue operations.
‘Cruises to nowhere' continue despite COVID-19 red flag
10 Dec 20
The final confirmatory test conducted on the passenger was negative.
Gulf Oil International secures assets in Singapore
10 Dec 20
The company plans to invest further in marine segment.
MPA extends relief measures until June 2021
9 Dec 20
The MaritimeSG Together package would have expired after 31 December.
Keppel O&M clinches $100m contract for FPSO project
27 Nov 20
The vessel is scheduled for delivery in Q4 2022.
Container spot freight rates rise by 4.4% WoW: Jefferies
23 Nov 20
The Asia-Singapore route marked the highest increase at 10%.
11 joint industry projects receive $1.62m for maritime innovation
18 Nov 20
The projects are co-funded by MPA and MINT Fund.
Sembcorp Marine to remain in the red until 2021: analysts
16 Nov 20
It’s lack of new orders and project delays spell continued losses for the company.
DBS extends $47.7m sustainability-linked loan to PSA Marine
11 Nov 20
The loan was the first to be granted to the country's maritime industry.
Yangzijiang wins $267m contract for five container ships
10 Nov 20
An additional five option orders of 3,500TEU container ships was part of the agreement.
MPA, partners to produce 1000 traineeships, attachments in the maritime sector
23 Oct 20
Opportunities are in automation, digitalisation and supply chain integration.
ITF, IMEC contribute $678.28k to SG-STAR fund
18 Sep 20
This brings the total fund to $1.68m.
Sembcorp Marine rights issue undersubscribed
8 Sep 20
Temasek bought the remaining almost 1.03b unsubscribed rights shares.
Sembcorp to divest stake in JV for $29.4m
2 Sep 20
The transaction will be completed by the end of the year.
Keppel-associate Floatel's forebearance agreement extended
1 Sep 20
The company is also in talks with banks to extends its payments agreement.
YZJ Shipbuilding secures new orders worth $342m
1 Sep 20
Hong Kong’s SITC has placed an order for 12 containerships.
MPA sets up Crew Facilitation Centre, fund for safe crew change
1 Sep 20
The self-contained facility will house crew for up to 48 hours prior to boarding.
Yangzijiang Shipbuilding's profit sank 17% to $152.58m in Q2
6 Aug 20
Revenue from its core shipbuilding business fell.

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