Shipping & Marine
FSL Trust receives US$6 mln for vessel redeliveries
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.
MPA extends port dues concession for container ships
Agency also tops up Maritime Cluster Fund to $145 million.
China Fishery becomes Peru's sixth largest fishmeal company
Acquisition further increases fishing quota to 6.05% in North of Peru, 10.91% in South of Peru.
China Fishery increases Peru fishing quota through acquisition
Move enables the group to benefit further from increasing global demand for fishmeal.
Astoria Consulting joins SIMTech to introduce shipping technology
“AstorPlan” is aimed to optimise resources planning and deployment resulting to productivity boost for marine industry.
Jurong Shipyard achieves early delivery of West Orion
West Orion is the sixth unit of 6th generation (F&G) ExD Class built for Seadrill Limited.
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SG60: What the next 10 years have in store for Singapore’s investment landscape