Shipping & Marine
MPA to invest $100mn in Maritime Singapore Green Initiative
The Maritime Singapore Green Initiative seeks to further reduce the environmental impact of shipping and related activities to promote clean and...
MPA to invest $100mn in Maritime Singapore Green Initiative
The Maritime Singapore Green Initiative seeks to further reduce the environmental impact of shipping and related activities to promote clean and...
Keppel seals $240mn offshore & marine jobs from global customers
Keppel Singmarine to build for SBM Offshore a prototype multi-purpose dive support construction vessel (DSCV) while Keppel Shipyard will upgrade FPSO...
Yangzijiang bagged US$214mn worth of contracts in March 2011
The six new contracts are orders for two units of 82,000DWT bulk carriers, two units of 10,000DWT bulk carriers and two units of 4,900TEU container...
Over $2.3mn will be given to new programme for seafarers
The Certificate of Competency (Special Limits) will help seafarers secure placement with potential employers even before they embark on training.
Stephen Davey steps down as Mermaid Maritime executive
The 63-year old executive resigned due to personal and family reasons.
Gary McFadden steps down as Ezion Holdings’ Director of Operations
The 58-year old executive was responsible for the operations of the company’s Marine Services business.
Cosco secures delivery of Fortaleza Knutsen to European buyer
The shuttle tanker measures 246.8m length of all, 42m in breath and 22.5m in depth.
DBS: Cosco likely to bag USD 3bln worth of contracts in 2011
The shipping company could earn USD 1.05bln from LOIs for drilling units with Sevan.
Keppel FELS receives second jackup rig order at US$180mn
Jasper Investments has exercised its option with Keppel FELS to build a second KFELS B Class jackup rig for delivery in 1H2013.
Sembcorp Marine wins 8 ship refit order from Canadian shipper
The signing of the contract commits Sembawang Shipyard to a long-term alliance contract with Teekay Marines.
Sembcorp Marine bags US$427.6mn contract
The deal is for Sembcorp Marine to build two more premium jack up rigs for Noble.
Japan crisis may drag down Singapore shipments:OCBC
Recent NODX figures came in disappointing, although OCBC's and market forecasts did have little impact in the market given the nuclear crisis in...
Lacklustre exports seen to be temporary:DBS
Despite ongoing worries on high oil prices derailing growth, PMIs of key markets have remained in the expansion zone.
Non-oil domestic exports to the US rose by 20% in February 2011
However, NODX to Indonesia and Hong Kong declined by 17% and 6% respecively, due to electronic and non-electronic NODX.
Oil domestic exports declined by 10% month-on-month in February 2011
This is in contrast to a rise of 28% in the previous month while oil domestic exports expanded by 22 per cent on a y-o-y basis.
Managing the fallout: The impact of the Fukushima disaster on Japan's food exports
The explosions at the nuclear reactors at the Fukushima Daiichi nuclear complex have also raised concerns about the radiation effects on food...
Total trade contracted by 6.3% month-on-month in February 2011
On a y-o-y basis, total trade rose by 6.4%, following the 14% increase in the previous month.
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