Shipping & Marine

FSL Trust posts $11m net profit in 2024

FSL Trust posts $11m net profit in 2024

This is an increase compared to a net profit of $3.7m in the same period of the preceding year.
5 hours ago

ES Group to post net profit for 2024

The group’s ES Jewel vessel was in full operation during the year.
5 days ago

Yangzijiang Shipbuilding poised to ride clean energy wave—DBS

Its pivot towards cleaner vessels is a key catalyst.

Strategic Marine commissions three new offshore supply vessels

The vessels will be used by a national oil company in Africa for passenger transfer.

PSA International annual container throughput surpasses 100 million in 2024

Its flagship terminal in Singapore reported a throughput of 40.9 million TEUs.

What happened in Singapore’s maritime sector in 2024

Despite disruptions, the industry maintained strong performance last year

Uni-Fuels raises $11.5m in US maiden offering

Proceeds will be used for boosting reselling activities.

ST Engineering secures contract for Walk-to-Work vessel by 2027

It will feature motion-compensated gangway and a 10-ton crane.

Civmec gives update on Luerssen Australia acquisition

Civmec entered into a non-binding agreement for the acquisition.

Singapore less exposed to US tariff risks

However, it is vulnerable to negative trade shocks or a US economic downturn.

PSA Singapore hits record annual throughput of over 40 million TEUs in 2024

This reinforces its position as a gateway connecting Singapore's economy to the global market.

FSL Trust unit offloads Cumbrian Fisher chemical tanker

The vessel is sold to an unrelated third party.

Steven Tan’s journey from graphic designer to maritime publisher

Marine & Industrial Report enters a new chapter after its sale to Charlton Media Group.

Charlton Media Group acquires the Marine & Industrial Report Newspaper

The company will expand readership and create an awards program and events for the marine and offshore sectors.

Green shipping support tepid amongst Singapore SMEs

Only 23% are willing to spend more on sustainable shipping.

MPA, MISC Group ink MoU on maritime innovation

They will focus on integrating sustainable technologies into marine operations.