Shipping & Marine
MPA, private firms provide floating accommodation for foreign workers
MPA, private firms provide floating accommodation for foreign workers
Accommodations will be used starting next week.
Port of Singapore remains open amidst stricter measures
Essential maritime activities are exempted from the suspension.
Yangzijiang Shipbuilding bags $1.63b vessel contract
The 10 containerships are scheduled to be delivered from 2022.
CH Offshore records losses for third straight year
Loss after income tax narrowed 51.2% to $19.48m in 2019.
Keppel O&M delivers fastest brownfield FPSO upgrade
The firm took seven months to modify and upgrade the vessel.
Sembcorp Marine expects extension of loss-making streak in 2020
But it also sees improvement in order visibility and prospects in other sectors.
Sembmarine ex-consultant charged in Brazil for money laundering, corruption
He was connected to a consultant engaged by its subsidiaries on contracts with Sete Brasil.
Sembmarine's loss widened 85% to $137.17m in FY2019
An accelerated depreciation for Tanjong Kling Yard was partly blamed for its loss.
MPA gives 50% port dues concession to passenger vessels
The new concession will be provided from 1 March to 31 August.
HPH Trust reversed loss with a $325.63m profits in 2019
Lower container throughput eased its cost of services.
ST Engineering, Wilhelmsen Ship Services to develop unmanned shore-to-ship parcels
The former will provide flight tests and development services for system integration. ST Engineering and Norway-based Wilhelmsen Ships Services (WSS)...
Sembmarine unit's ex-president charged with money laundering in Brazil
This was related to drilling rig contracts entered with Sete Brasil in 2012.
Pan Ocean invests $182.86m in medium-range tankers
The first vessel is expected to be delivered on 30 June 2021.
Singapore's container throughput rose 1.6% to 37.2 million TEUs in 2019
The Port of Singapore handled 626.2 million tonnes of cargo.
MPA ends Inter-Pacific Petroleum's bunker supplier licence
The company’s bunker craft operator licence has also been terminated in October.
GST for overseas digital services to be rolled out by 2020
Meanwhile, tax remains on goods purchased online priced above $400.
Ezion to dispose stake in two companies by 30 November
The decision was made to cut operational costs.
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