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.

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.

Australia, Singapore fund $20m maritime emissions research

The projects are expected to be completed within two years.