Shipping & Marine
Dry bulk shipping companies likely to incur losses in 2011
Dry bulk shipping companies likely to incur losses in 2011
The Baltic Dry Index has been declining due to the floods in Australia that cause the closure of coalmines.
Keppel to build $416mn harsh environment jackups
Jackups designed to meet the exacting requirements of our most demanding customers particularly Discovery Offshore.
Singapore export headed for sluggish growth
Recent export numbers were on the weak side following the very rapid expansion seen from end-2009 and well into 2010, HSBC said.
Singapore non-oil domestic exports slowed to 9.4% in December 2010
A 1.1% contraction in electronic products dragged down the expansion of NODX.
Singapore total trade eased 9.1% in December 2010
Compared to the 13% y-o-y growth in the previous month, Singapore total trade eased in December 2010.
Australia picks Sembcorp Marine subsidiary to build $123mln ship
Sembawang Shipyard also secured three major upgrading contracts worth S$92 mln, including an LNG carrier longevity project.
Singapore exports to lose steam in 2011
The rebound in trade shown in the last three months of 2010 is seen to be temporary, UBS said.
Non-oil domestic export to ease at 10% in 2011
Ongoing Eurozone debt crisis and the lacklustre US labor market are expected to hinder the growth of Singapore's non-oil domestic export, OCBC said.
Jurong Shipyard eyeing a total of US$1.2bln worth of contracts from Noble Corp.
Sembcorp Marine’s subsidiary is looking forward to supplying four more jackup rigs for the offshore drilling contractor in addition to the two it has...
Oil domestic exports jump 6.4% in November
On a y-o-y basis, oil domestic exports expanded by 10% in November 2010, after the preceding month's 14% increase.
ST Engineering wins S$110mln in foreign contracts
The company and its subgroups will supply an Automatic Fare Collection System (AFCS) for the Bangkok Mass Transit System and provide the UK Ministry...
Singapore total trade down by 2.1% in November
In contrast to a 3.3% increase in the previous month, total exports declined by 4.7% in November 2010.
Singapore total exports up 12% in November
Yet it is a slow growth compared to October's 20% y-o-y growth.
Jurong Shipyard set to deliver drilling rig to Atwood Oceanics
The ultra-deepwater semi-submersible rig rated for 10,000 feet water depth is Atwood Oceanics’ second rig order with Jurong Shipyard.
Cosco Shipyard clinches US$110m bulk carrier contract
Three bulk carriers of 82,000 dwt will be built by COSCO Shipyard Co. Ltd. using the secured contracts.
MPA and Temasek Polytechnic unveils new maritime fuel cell research project
Partners released research $6mln funding on the project that focuses on research, development, test-bedding and eventual commercialisation of fuel...
Proposal of bonus shares to boost trading liquidity
ASL Marine (ASL SP) has proposed a bonus issue of shares in the proportion of 4 bonus shares for every 10 existing ordinary shares to improve trading...
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape