Shipping & Marine

COVID-19 disruptions continue to cause delays in its projects.

And US wants “stable” relations with China: US Defence Secretary.

The counterparty has withheld about US$11.3m and claimed payment of US$31.2m from the subsidiaries.

The transaction is set at S$136.88m and is fully funded by 100 million treasury sales.

This successful pilot is a first for Singapore, and demonstrates the viability of digitalised bunker financing.

The Singapore Exchange adds three new Forward Freight Agreement and futures contracts for LNG vessels.

The offshore engineering group is set to declare a net loss for the first half of the year.

Singapore held the first rank for eight years now.

Fresh funds will be given to the MaritimeSG Together package to bring the cumulative amount to more than $36m.

Keppel is also in talks with Temasek on selling its legacy rigs.

The new partner VCs are bringing in $30m of potential funding in the programme.

And Singapore’s Carro has raised $360m in its latest funding round.

Sembcorp Marine said Phase 2 (Heightened Alert) restrictions would impact its operations.

Keppel Shipyard has been contracted to build a floating production, storage and offloading vessel for Brazil's national oil company.

The bunkering operation was carried out in partnership with FueLNG Bellina.

Expect more frequent testing for fronline workers and stricter zoning measures.