Shipping & Marine
Seatrium commits support for subsidiary’s bond payment obligations
The interest rate margin has lowered since 18 August.
Seatrium commits support for subsidiary’s bond payment obligations
The interest rate margin has lowered since 18 August.
Exports drop 20.2% in July
Electronic and non-electronic domestic exports also dropped.
Yangzijiang’s profit attributable to shareholders rises 47% YoY to RMB1.7b in 1H23
The company attributed its improved profit to increased shipbuilding activities.
Yangzijiang Financial’s maritime fund invests over US$30m in 2 tankers
The fund invested in RT Star and OM Shanghai.
MPA seeks proposal to design full-electric harbour craft
Proposals can be submitted by 15 September 2023.
MPA, Lloyd’s Register ink pact enabling net-zero shipping across Indian and Pacific oceans
The MoU will also make way for the implementation of “The Silk Alliance.”
Yangzijiang Shipbuilding secures new orders for 37 vessels
Year-to-date, the group has secured new orders worth US$5.6b, almost double its 2023 target.
Yangzijiang secures contract to build 6 methanol dual-fuel vessels for Maersk
The six vessels will replace currency capacity within Maersk’s fleet.
Yangzijiang Shipbuilding clinches contract for the construction of 3 CABU III vessels
The company will construct the vessels for Norway-based Klaveness Combination Carriers ASA.
SG, Australia to put up green and digital shipping corridor by 2025
The two markets work with stakeholders to decarbonise and digitalise the sector.
Singapore kicks off Seatrium probe over corruption allegations
The company believed the investigation related to events before 2015.
'No oil spill' after tanker caught fire: MPA
Shipowners calling in Singapore reminded to be liable for oil pollution damage.
Pavilion Energy secures first SGE-certified LNG cargo
The methodology would become a standard in reducing Greenhouse Gas emissions.
Consortium ups cash offer for Penguin International to $0.83 per share
The Offer Shares are to be acquired fully paid and free from rights and interests of any nature.
Singapore Maritime Foundation launches workforce transformation guidebook
The guidebook offers a practical approach for companies to redesign maritime roles.
MPA, Wärtsilä collaborate to accelerate maritime decarbonisation, digitalisation
The collaboration would develop solutions that scaled to benefit the global maritime community.
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