Shipping & Marine

Is it time for Singapore shipyards to consolidate as Korean maritime giants flounder?

The effects of HHI’s takeover of Daewoo spells opportunities for Singapore’s maritime players on a global scale.

Global maritimetech startup accelerator launches in Singapore

Ten companies from around the world will be accepted in its inaugural class.

ST Engineering's marine arm clinched $560m worth of new contracts in Q4 2018

This includes a contract for the construction and maintenance of patrol boats for the Singapore Police Coast Guard.

Sembcorp Marine completes 10th and final repair project for 2018

Its projects included vessels from Carnival Cruises, Princess Cruises and Royal Caribbean Cruise Line.

India business could drive profits for Sembcorp Industries amidst weak Q4 projection

The firm will also likely continue its capital recycling efforts and forays into other markets to sustain growth.

Sembmarine losses may bleed into Q1 2019

The underperforming offshore engineering unit continues to weigh on margins.

Sembmarine seals two renewable energy contracts worth over $200m

It will engineer and construct projects for Denmark’s Ørsted Wind Power and Norway’s Norled AS.

SembMarine's order pipeline could hit $3b in 2019

One major deal is a floating production storage and offloading (FPSO) contract that could be worth up to $2.76b (US$2b).Although order wins have been...

Sembcorp Marine sank into a $29.76m loss in Q3

It blamed continued low overall business volume.

Pavilion Energy inks charter agreement for new BW vessels

It will hire two liquified natural gas (LNG) carriers to boost global trading expansion.

SembMarine clinches $160m contract with Teekay Offshore

The deal will see to modifications and life extension of the Petrojarl Varg vessel.

Keppel contractor eyes Chinese yards for future vessels

Golar LNG is in talks with alternative shipyards for newbuilds.

Sembmarine to install marine scrubbers on 13 Maran Tanker vessels

The deal is its biggest green technology retrofit contract to date.

Sembmarine and Daewoo Shipbuilding & Marine face off for Rosebank FPSO

And Sembmarine might have the competitive edge on pricing.

ST Engineering Marine launches LMV Dauntless for Singapore Navy

It is the seventh LMV built by the firm for the Navy since 2013 to replace Fearless-class Patrol Vessels.