Shipping & Marine

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.
Keppel posts net loss of $697.6m for Q2
30 Jul 20
Impairments from the O&M segment contributed to the loss.
SCM and SCI responds to SIAS' queries on demerger deal
23 Jul 20
Both firms assure that the proposed rights issue is more than an “accounting treatment”.
Sembcorp Marine posts $192m net loss in H1
16 Jul 20
The group’s revenue declined 41.2% over the same period.
Sembmarine president appointed co-chair of IAP
6 Jul 20
Wong Weng Sun will work alongside IAP chairman Andreas SohmenPao.
National Maritime Safety at Sea Council appoints new chairman
1 Jul 20
Ishak Ismail is succeeding founding chairman Richard Lim.
Singapore carefully facilitates shipping crew changes during pandemic
26 Jun 20
MPA has approved vital crew changes for some 1,150 ships since 27 March.
SOS to earmark over $1.5m for crew change support
24 Jun 20
This will be used to defray costs for seafarers staying at the Seacare Hotel.
Yangzijiang Shipbuilding secures new orders worth $141.95m
23 Jun 20
These orders include two LNG-tank carriers and two 56,000DWT bulk carriers.
Keppel FELS to terminate rig contract with Awilco
23 Jun 20
The latter failed to pay the instalment due on 9 June, entitling Keppel to terminate the deal.
MPA, SSA, IMDA launch maritime digitalisation playbook
22 Jun 20
This is said to support maritime companies in accelerating digitalisation plans.
MPA updates requirements and measures for maritime operations
18 Jun 20
They will also enhance support to seafarers working onboard Singapore-registered ships.
Cargo ship calls at Singapore hub plummet to 27-year low: report
15 Jun 20
Shipping activity and bunkering demand remained weak in June.
MPA approved over 4,000 crew change cases since March
15 Jun 20
It continues to facilitate the disembarkation of seafarers on medical grounds.
Agencies work closely with shipping companies to facilitate safe crew change
10 Jun 20
MPA has approved nearly 3,000 cases of changes since March.
Keppel FELS rejects contract termination request from Awilco Drilling
9 Jun 20
The company denies allegations on breaches.
Sembmarine and SCI to demerge following $2.1b rights issue
8 Jun 20
Both firms will solely focus on their respective industries following the transaction.
PIER71 opens application for Smart Port Challenge 2020
4 Jun 20
It will feature an innovation opportunity focussing on maritime decarbonisation for the first time.
Brazilian court accepts Sembmarine's complaint against EJA's former president
4 Jun 20
This follows after charges of money laundering were filed to Martin Cheah Kok Choon and Guilherme Esteves de Jesus.
Keppel Corp's Floatel conducts independent review
1 Jun 20
This follows after Floatel performed an impairment assessment of its vessels.
Keppel pilots Vision 2030 transformation plan
29 May 20
It outlines plans to grow as an integrated business with sustainable solutions.
Yangzijiang Shipbuilding bags container feeders contract for $77.75m
29 May 20
The design of these feeders will give priority to loading capacity over speed.
Grim outlook ahead for Sembcorp's energy arm
19 May 20
The downtrend will last for the rest of the year.
Analysts warn Sembcorp privatisation may be off the table
14 May 20
DBS says a yard merger via share swap or asset injection into SMM is more likely.
Sembmarine dreads double whammy from pandemic and oil price drop
13 May 20
They are expecting business activity to remain low.
Keppel Corp to hold digital AGM on 2 June
11 May 20
Shareholders can pre-register until 30 May.
MPA, NUS pool $50,000 each to fund 12 startups
5 May 20
This will enable startups to conduct prototype development and test solutions.
MPA to roll out $27m support package for maritime industry
30 Apr 20
MaritimeSG Together Package to take effect from 1 May.
Yangzijiang's net profit halved to $82.72m in Q1
30 Apr 20
Less number of vessels were delivered during the period.
Check out the startup automating Singapore's bunkering segment
29 Apr 20
Bunker operators are often burdened with changes in the ships’ fuel needs.
SembMarine to limit workers in shipyard until the end of circuit breaker period
22 Apr 20
This aims to reduce the transmission of coronavirus amongst workers.
MPA awards supplier licenses to Minerva Bunkering and TFG Marine
21 Apr 20
Oil sector boosted with entry of two bunkering companies.
Daily Briefing: Check out the biggest loser amongst REITs; Ezion wins $1.5b refinancing package
12 Feb 18
And Bitcoin fights back as price rises above US$8,000.

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