Shipping & Marine

FSL TRUST slams writ on Daxin Petroleum and subsidiaries

FSL wants remedy for all the damages caused by the arrest of Nika I and FSL Singapore.

FSL TRUST slams writ on Daxin Petroleum and subsidiaries

FSL wants remedy for all the damages caused by the arrest of Nika I and FSL Singapore.

NOL Group buys vessels worth US$1.2 bln

The shipping and logistics company is investing in 12 new vessels to meet future growth needs and to replace those with soon-to-expire charter...

Keppel strikes S$170mln deal with 2 Brazilian firms

Keppel O&M furthers 30-year partnership with the Brazilian market as it serves SBM and QGOG.

Neptune Orient Lines container carriage up 29%

NOL's average revenue per container in June jumped 32% from a year ago to $2,892.

Marina at Keppel Bay bags ‘5 Gold Anchors' rating

The up-scale area for boats and yachts on Keppel Island was recognised for its excellence in services and facilities.

FSL Trust receives US$6 mln for vessel redeliveries

Nika I, which will be renamed FSL Hamburg, and FSL Singapore, formerly known as Verona I, are set to be delivered by its charterers.

Sembcorp sells drilling rig to Seadrill for US$356 mln

The CJ-70 harsh environment jack-up drilling rig is one of the largest in the world with each leg measuring 205 metres in length.

Sembcorp seizes Cascal shares for US$191 mln

The utilities and marine group is now a major shareholder owning 92.26% of shares in Cascal sold at US$6.75 each.

Keppel to deliver Maersk FPSO to Brazil

The floating vessel is expected to dig first oil in 2011.

COSCO confirms carrier delivery to Europe

The Singapore-based shipping company announces on Thursday that it has delivered “Chang Shan Hai” and one unit of tender support jack-up rig.

Pirates hijack M.T. Golden Blessing

The Singapore-registered vessel was attacked by pirates on its way to India from Saudi Arabia while passing the Gulf of Aden on Monday.

NOL borrows US$1.5 bln for corporate purposes

The shipping company aims to raise funds after posting a net loss of US$741 million in 2009.

PST buys 2 ships for US$123.2mln

The shipping company acquires two new DWT Capesize Bulk Carriers saying it is now shifting to the non-container sector.

Keppel O&M clinches $50mln marine contracts

The group’s yards in Singapore and the Philippines build 3 transshipment barges to be deployed in Indonesia.

MTI's Lim calls for R&D investment

Minister for Trade and Industry Lim Hng Kiang urges industries to lay down their money on investments that will strengthen companies' R&D capabilities...

Port of Singapore defeats 19 other nominees

Named ‘Best Seaport in Asia’ and ‘Best Green Service Provider – Seaport’ to remain as the port of choice in the region.

Keppel launches immersive safety training hub for personnel

Key training modules include core competency and safety leadership development programmes and Workforce Skills Qualifications courses.