Shipping & Marine

Sembcorp Marine completes 10th and final repair project for 2018
18 Dec 18
Its projects included vessels from Carnival Cruises, Princess Cruises and Royal Caribbean Cruise Line.
India business could drive profits for Sembcorp Industries amidst weak Q4 projection
6 Nov 18
The firm will also likely continue its capital recycling efforts and forays into other markets to sustain growth.
Sembcorp Industries Q3 profits slipped 11.6% to $82.33m
2 Nov 18
It blamed its marine segment upon the sale of a semi-submersible and continued low business volume.
ST Engineering's Marine sector clinched contracts worth $431m in Q3
31 Oct 18
One contract in the US was worth $331m.
Sembmarine losses may bleed into Q1 2019
30 Oct 18
The underperforming offshore engineering unit continues to weigh on margins.
Sembmarine seals two renewable energy contracts worth over $200m
29 Oct 18
It will engineer and construct projects for Denmark’s Ørsted Wind Power and Norway’s Norled AS.
SembMarine's order pipeline could hit $3b in 2019
28 Oct 18
One major deal is a floating production storage and offloading (FPSO) contract that could be worth up to $2.76b (US$2b).
Sembcorp Marine sank into a $29.76m loss in Q3
26 Oct 18
It blamed continued low overall business volume.
Pavilion Energy inks charter agreement for new BW vessels
23 Oct 18
It will hire two liquified natural gas (LNG) carriers to boost global trading expansion.
SembMarine clinches $160m contract with Teekay Offshore
22 Oct 18
The deal will see to modifications and life extension of the Petrojarl Varg vessel.
Vard to delist by 2 November
16 Oct 18
The $26.97m exit offer by its parent firm was closed on 15 October.
Keppel contractor eyes Chinese yards for future vessels
13 Sep 18
Golar LNG is in talks with alternative shipyards for newbuilds.
Sembmarine to install marine scrubbers on 13 Maran Tanker vessels
6 Sep 18
The deal is its biggest green technology retrofit contract to date.
Sembmarine and Daewoo Shipbuilding & Marine face off for Rosebank FPSO
30 Aug 18
And Sembmarine might have the competitive edge on pricing.
ST Engineering Marine launches LMV Dauntless for Singapore Navy
19 Aug 18
It is the seventh LMV built by the firm for the Navy since 2013 to replace Fearless-class Patrol Vessels.
Keppel ends management deal with Baku Shipyard
9 Aug 18
It cannot meet the new operational requirements of the shipyard's development.
Vard Holdings loses free float
8 Aug 18
About 91.91% of the shares are now owned by Fincantieri.
Vard Holdings expected to delist by 10 August
3 Aug 18
The exit offer from its parent firm will be closed by 8 August.
Sembcorp Industries H1 profits dipped 7.9% to $158.57m
3 Aug 18
It blamed losses in its marine and construction businesses.
Singapore port authority arm acquires majority stakes in Canada port
31 Jul 18
It is PSA's debut into Canadian ports.
Shipyard bosses bearish on return to ‘golden days'
30 Jul 18
The industry’s contribution to economy halved to 1% in just 4 years.
Sembcorp Marine's order pipeline could hit $3b in 2018
23 Jul 18
The biggest deal is an FPSO contract for Rosebank’s estimated to be worth US$2b.
Keppel O&M wins contracts worth $70m
22 Jul 18
They will focus on vessels in Brazil and Singapore.
Sembcorp Marine sank into $55.62m loss in Q2
22 Jul 18
It blamed loss upon the sale of a semi-submersible.
Keppel O&M outlook buoyed by contract wins
20 Jul 18
The momentum for new orders that started in 2017 could continue in 2018.
Keppel Q2 profits up 44.4% to $246.16m
19 Jul 18
Profits from property and infrastructure offset slight losses in offshore & marine.
Ezra Holdings abandoned by Asia Fund Space amidst restructuring
17 Jul 18
AFS was not able to procure the holding company to apply for Ezra Holdings’ Catalist listing.
Singapore's shipyard firms go head-to-head with Chinese rivals in revived O&M market
16 Jul 18
Companies have yet to win over projects worth US$145b for the rest of 2018.
Singapore tops world's shipping centre rankings in 2018
10 Jul 18
It performed the best in terms of its shipping business services.
Keppel O&M's revenue could slip to $2b in 2019
9 Jul 18
It needs to continue recovery from a declining trend in contract wins.
Sembcorp Marine raises purchase price of Sevan Marine IP rights to US$39m
6 Jul 18
The sale aims to kill a lawsuit Sevan Marine filed against Sembmarine.
Noble Group eyes sale of Ocean Forte for $32.2m
18 Jun 18
It expects to gain profits of US$300,000 from the sale.
Sembmarine gets first polar expedition cruise ship design contract
12 Jun 18
The project is scheduled for completion by the third quarter of 2020.
Sembmarine buys US$28m of Sevan Marine's intellectual property to kill lawsuit
8 Jun 18
It will get 95% of Sevan Marine's IP rights holder.
Keppel O&M to build first LNG bunkering vessel in Southeast Asia
5 Jun 18
The dual-fuel vessel is scheduled for completion in 2020.
Jurong shipyard fined $230,000 over safety lapses causing fatality
5 Jun 18
One worker died due to a shortage of clearance distance in 2015.
Competition watchdog rejects merger of 2 maritime suppliers
25 May 18
The merger will give the new company a 'substantial' market share that could wipe out potential competition.
Keppel reveals price of dredger contracts with Van Oord: $212m
23 May 18
It answered a query from the Singapore Exchange to disclose transaction details.
Sembcorp Marine finishes 3 Culzean topsides
22 May 18
They were built at Sembmarine’s Admiralty Yard for 32 months.
Sembcorp Marine wins Shell Vito vessel contract
21 May 18
This followed the signing of a letter of intent on 5 December 2017.

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