Shipping & Marine
Grand Banks Yachts net profit falls 42.4% YoY in Q3 2025
The company’s net order book stood at $119.5m.
1 day ago
Nam Cheong’s Q1 net profit sinks 94% YoY
The decline was due to reduced income and increased finance costs.
6 days ago
US levies on Chinese vessels may cause shipping delays
Redeploying vessels to US trade routes based on shipbuilding origin would be inefficient.
Seatrium secures FSRU conversion contract from Höegh Evi
Engineering work starts this May.
Marco Polo Marine’s net profit down 3.4% YoY in H1
Net profit attributable to equity holders was $10.6m.
Atlantic Navigation profit soars 82% YoY in Q1 2025
The group’s revenue also grew to $5.3m.
Civmec secures A$285m in new contracts across key sectors
The company says the latest wins reflect a period of increased tender activity and reinforce its focus on long-term revenue growth.
Mermaid Maritime unit to acquire four remotely operated vehicles for $16.5m
The company said the acquisition will continue its provision of turnkey sub-sea engineering services.
Nam Cheong bags $94.2m offshore support vessel contracts
These contracts include seven units of Anchor Handling Tug Supply vessels.
Marina Bay Cruise Centre to undergo $40m upgrade
This includes a larger ground transport area.
Uni-Fuels expands operations in UAE with new unit and office
The subsidiary will provide tailored marine fuel solutions.
Shell Singapore sells Energy and Chemicals Park to CAPGC
This involved the sale of shares in Aster Chemicals and Energy Pte. Ltd.
New MPA digital platform to support maritime fuel training
The platform also enables tracking of certifications and ensures compliance with evolving international standards.
SG, AU to fund eight maritime decarbonisation projects
A $20m joint initiative will support the selected projects.
MPA opens applications for methanol bunkering licences
Applications will close on 28 May.
Australia, Singapore fund $20m maritime emissions research
The projects are expected to be completed within two years.
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