Shipping & Marine
COSCO secures US$51mln contracts for two bulk carriers
COSCO secures US$51mln contracts for two bulk carriers
Company’s Dalian shipyard also delivered 80,000 dwt bulk carrier, “MAIRINI” to its European buyer.
Keppel to deliver derrick pipelay vessel to Global Industries
162 metre-long GLOBAL 1200 capable of operating in 3,000 metre waters on schedule for delivery.
Sembawang Shipyard secures $110mln upgrading and repair contracts
Contracts comprise of lengthening and dry-docking repairs of Aratere and repairs of 5 membrane LNG carriers.
Neptune Orient back to profit at $100mln
Sustained strong container shipping volumes and improving freight rates helped drive second quarter growth.
Cosco appoints Liu Guo Yuan Chairman
Li Jian Hong vacated the post after his appointment as president of China Merchants Group.
Keppel US unit delivers second Rowan rig
Rowan EXL-II, second of four Rowan jack-ups, will depart the Keppel AmFELS yard within next month.
NOL to issue S$280 mln notes due 2020
Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.
Cosco delivers vessel to European buyer
The IOANNIS THEO measures 18 meters high, 32.26 meters wide and 189.99 meters long.
COSCO delivers FPSO Cidade de Angra Dos Reis MV22
Company also secured contracts for construction of 2 deck barges of 15,000 dwt each worth US$12mln.
See Hup Seng acquires stakes in TAT Petroleum for S$28.4 mln
The corrosion prevention provider strengthens resources with the acquisition of TAT Petroleum and appointment of new Executive Directors.
COSCO delivers "FANTASTIC"
The shipping and marine group completes delivery of the 189.99-meter long bulk carrier.
Keppel Shipyard acquires contract to modify FPSO OSX-1
The vessel is scheduled to leave Keppel Shipyard in the second quarter of 2011 to be deployed in Brazil.
Cosco delivers 57,000 dwt 'PERTH I' bulk carrier
Carrier measures 18 meters high, 32.26 meters wide, and 189.99 meters long.
NOL Group finalises 12-ship order for Daewoo
The global shipping and logistic company now has a total of 12 vessels on its orders list with the addition of two 10,700-TEU vessels.
ASL Marine snaps contracts worth S$55 mln
The contracts comprise of 2 units of Azimuth Stern Drive Tugs, a unit pipe-lay barge and twenty seven units cargo barges.
Otto Marine nips charter contract for USD21.5mln
The offshore marine group also inks an MOA to sell the vessel in 31 January 2011.
STX Pan Ocean inks USD60 mln shipbuilding contract
Three platform supply vessels are expected to be delivered by 2012 and 2013.
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