Shipping & Marine
Shipbuilding could be challenging beyond 2012:DBS
Shipbuilding could be challenging beyond 2012:DBS
Weakness in the Baltic Exchange Dry Index is expected to result in a slow down in order flows.
Singapore rigbuilders may post negative to muted earnings growth for FY2011
Meanwhile, Singapore yards are looking good beyond 2011, said DBS.
Singapore to benefit from the robust expansion of Shanghai's container port
Shanghai overtook Singapore as the world's busiest container port in 2010 but Shanghai's pole position was not achieved at Singapore's expense.
Neptune Orient Lines likely to be affected by the 15% oil price increase
The liners may not be able to fully pass on the higher fuel costs in the short term, especially given the seasonally weak period now.
Keppel O&M buys 27.8% stake in Dyna-Mac Holdings
The group’s strategic investment fortifies capabilities in floating production topsides including Floating Production Storage and Offloading vessels...
Sembcorp's performance “worse” in 2010
Phillip Securities Research said the company’s S$761mln net profit was 3.6% worse than its forecast.
Training program to boost maritime manpower
A new training programme has been developed to boost the skill and manpower needs of Singapore’s maritime industry.
Sembcorp Marine 2010 profit up 23% to $869mn
Overall enquiries have improved though competition remains fierce as the Group posted a net order book of S$4.8bn with completion and deliveries...
Cosco net profit soared to $249mn in FY2010
4Q 2010 net earnings surged 431% y-o-y and 70% q-o-q to $93.6 million.
Petroleum dragged domestic wholesale trade down 1.8% year-on-year in 4Q 2010
But, petroleum led the domestic wholesale trade to increase 7.2% q-o-q in 4Q 2010.
Will Singapore crack the $1trillion trade market in 2011 ?
If trade grows by 1 per cent over the government forecast of 8 to 10 %, SIngapore will have made it into the elte club of nations whose trade...
Total trade skyrocketed to $902bn in 2010
Singapore’s total trade rose by 21 per cent in 2010 after a decline of 19 per cent in 2009.
Non-oil domestic exports may have contracted 7% in January 2011
The Lunar New Year in early February may have caused a pullback in export sales in January.
Keppel strengthens stock appeal with new contracts
The shipping company’s Brazilian yard secured two FPSO topside contracts worth S$381.4mln.
Mermaid Maritime appoints Denis Welch as CEO
Mermaid Maritime appointed Denis William Welch as chief executive officer.
8% profit gain highlight China Fisheries Group's slow season
The company’s 1Q11 profit of US$19.7mln is “within expectations" for a ho-hum period, DBS Bank said.
Pacific Shipping appoints Lim Sim Keat as CEO
Mr Lim will be responsible for the overall management of PST Management.
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