Shipping & Marine
Singapore total trade eased 9.1% in December 2010
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...
Keppel bags US$180mln jackup rig contract from Standard Drilling
The rig bound for Norway will be operational in water depths of 400 feet, drilling depth of 30,000 feet and accommodate 120 men.
Sembcorp Marine closes US$195M contract with Transocean Ltd.
PPL Shipyard will sell a jack-up rig, already under construction, to the world’s largest drilling contractor leading provider of drilling management...
Sembcorp Marine's surge seen to continue until 2012
Analysts have raised net profit estimates by 2.8% to S$785m in FY2012E as crude oil prices are likely to bring in more orders for the shipping...
Suspected pirates board Singapore-registered vessel
The Liquefied Petroleum Gas vessel named YORK was said to be on its way to Seychelles when the suspected pirates boarded at approximately 90 nautical...
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