Shipping & Marine
Cosco appoints Liu Guo Yuan Chairman
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.
Pacific Andes Resources Development profit up 10.8%
Net profit in first 9 months was lifted by improved operating efficiencies and economies of scale.
COSCO snaps two new contracts over US$55 mln
Two bulk carriers are expected to be delivered in September 2011 and March 2010, respectively.
MPA extends port dues concession for ocean-going ships
Ocean-going ships will get 5% port dues concession under Economic Resilience Package.
NOL profit hits US$100 mln to overturn 2009 loss
Global container shipping company improves shipping volume, increases group and logistics revenue by 53% and 45%, respectively.
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