Shipping & Marine

Marco Polo Marine unit anchors $118m Taiwan offshore wind charter

PKRO will provide emergency towing and salvage services in Taiwan's waters.

Yangzijiang wins appeal setback in arbitration case

High Court upholds earlier arbitration awards.

Singapore backs pact to reinforce WTO trade rules

Actions include a possible permanent moratorium on customs duties on electronic transmissions, amongst others.

PSA throughput hits record 105m TEUs in 2025

The volume rises 8.7% as revenue climbs.

Hydromover 2.0 launches in Singapore, eyes UAE rollout

The electric cargo vessel offers longer range and larger payload.

Autonomous vessel fleet set for 2026 launch; Tuas Port Phase 2 reclamation nears 80% completion

Murali Pillai unveils 65M TEU Tuas Port, Digital Twin pilots, and autonomous USV trials.

Beng Kuang to take full control of ASOM in $60m deal

The group is expected to hold a 100% equity stake.

SeaLead COO Cho Kit Wei steps up as CEO amidst softer global shipping demand

The 20-year veteran takes over on 2 March to navigate weaker volumes and global trade swings.

Electronics surge drives 9.3% jump in January exports

Growth was supported by a strong demand for AI-related products.

Beng Kuang net profit falls 41% to $12.5m

Profit before tax declined to $16.5m from $25.4m.

ASL Marine H1 net profit jumps to $17.1m

Interim dividend set at $0.0013 a share as finance costs fall 72.8%.

NODX growth seen at up to 4% as global trade cools

AI demand and high gold prices provide a buffer against the slowdown.

Seatrium contests Petrobras counter-claim of $107.5m in P-54 vessel conversion case

The dispute concerns a 2004 contract for the conversion of the P-54 floating production storage and offloading unit.

COSCO Singapore projects 35% profit jump to $7.4m in 2025

Logistics, ship repair, and marine engineering segments fuelled the growth.

Venterra deepens hold on APAC’s offshore energy with expanded Singapore facility

The new facility adds office, storage, and testing space for 14 specialists at Venterra.