Shipping & Marine
Singapore and Malaysia suspend overlapping port limits off Tuas waters
Singapore and Malaysia suspend overlapping port limits off Tuas waters
They will revert the limits placed on 25 October and 6 December 2018.
Mermaid Maritime denies selling Mermaid Commander DSV for demolition
The firm has received interest from potential third parties and is still evaluating its options.
Marina developer SUTL Enterprise bags management contract in China
It will manage the two-phased ONE°15 Marina Zhongshan China.
Keppel inks deal with Golar LNG for 30% stake in Gimi MS Corporation
Gimi MS will develop, construct and operate an FLNG facility on the Mauritania and Senegal maritime border.
Sembmarine clinches contracts worth $175m
It includes repair and modernisation works on 13 cruise ships.
Can the utilities segment boost Sembcorp from earnings rut?
Its India operations reversed from a $58m loss in FY17 to a profit of $47m in 2018.
Keppel O&M unit to buy rig from Mexican driller for US$179m via sale and leaseback
Keppel has previously delivered ten such rigs to Mexico.
Sembcorp Marine's Q4 profits sink 94.9% to $5.93m
It blamed losses from the $34m sale of a semi-submersible and continued low business volume.
Superyacht arrivals reach a new record in Thailand
The 36 superyachts at Yacht Haven Marina would cover a distance of 1,582 meters.
Poor offshore engineering performance could hit Sembmarine's 2018 results
Company losses could widen to $78m for the year, an analyst said.
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.
ST Engineering's Marine sector clinched contracts worth $431m in Q3
One contract in the US was worth $331m.
Sembmarine losses may bleed into Q1 2019
The underperforming offshore engineering unit continues to weigh on margins.
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