Shipping & Marine
Sembmarine dreads double whammy from pandemic and oil price drop
Sembmarine dreads double whammy from pandemic and oil price drop
They are expecting business activity to remain low.
Keppel Corp to hold digital AGM on 2 June
Shareholders can pre-register until 30 May.
MPA, NUS pool $50,000 each to fund 12 startups
This will enable startups to conduct prototype development and test solutions.
MPA to roll out $27m support package for maritime industry
MaritimeSG Together Package to take effect from 1 May.
Yangzijiang's net profit halved to $82.72m in Q1
Less number of vessels were delivered during the period.
Check out the startup automating Singapore's bunkering segment
Bunker operators are often burdened with changes in the ships’ fuel needs.
SembMarine to limit workers in shipyard until the end of circuit breaker period
This aims to reduce the transmission of coronavirus amongst workers.
MPA awards supplier licenses to Minerva Bunkering and TFG Marine
Oil sector boosted with entry of two bunkering companies. The Maritime and Port Authority of Singapore (MPA) has awarded two new bunker supplier...
EMA, Keppel O&M calls for power solutions for offshore and marine
Shortlisted participants can testbed their solutions in Keppel’s floating living lab.
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.
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