Shipping & Marine
MPA and AirX to trial wing-in-ground craft off Changi coast
Trials are expected to commence in the third quarter of 2024.
MPA and AirX to trial wing-in-ground craft off Changi coast
Trials are expected to commence in the third quarter of 2024.
Pilot trial begins for electric harbour craft charging at Marina South Pier
The pilot trial sets the stage for Port of Singapore's electric future in 2023.
$350m contracts boost Seatrium's portfolio
The company is set to complete the new contracts by the end of 2025.
MPA investigates Baltimore bridge collapse after Singapore vessel crash
The SG-flagged vessel links Asian ports with the East Coast of the United States.
MPA and partners survey Tuas Port for oil slicks
The oil pollution has not affected port operations so far.
PSA International’s net profit dwindles to $1.5b in FY2023
The decline was caused by inflation and higher finance costs.
MPA allocates $15m to MCF till 2030 to enhance the industry's sustainability
The additional funds will cover 50% for SMEs and 30% for non-SMEs, up to $30k.
Singapore, Australia ink MoU to create green, digital shipping corridor
They will develop eco-friendly fuel supply chains for the maritime industry.
Yangzijiang Shipbuilding's profit up 57% to record $765.4m in FY2023
Final dividend is 6.5 Singapore cents per ordinary share.
Seatrium widens net loss in FY23 to $1.9b
The company attributed its losses to non-cash write-downs, amongst others.
MPA shortlists 11 design proposals for Singapore’s electric harbour craftÂ
It received 55 proposals from 32 international and local companies and consortia.
Hong Kong draws on Singapore for modern, green port development
Smart logistics is an area of collaboration Hong Kong intends to push with Singapore.
Seatrium bags retrofit CCS project from Solvang
The project is scheduled to commence this year.
Seatium renews contract with GasLog and Shell
The renewed contract is valid from 2024 to 2029.
Grand Banks profit surge 91.7% in H1
The rise in production activity in the Malaysia facility increased total revenue by 29.5%
Hutchison Port Holdings Trust's DPU climbs to $0.077 in 2H23
DPU for the full year was $0.132.
MPA welcomes 3 new board members
They will serve the agency for three years.
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