Shipping & Marine
MPA, ABS renew multi-year MoU to boost maritime innovation, workforce
MPA, ABS renew multi-year MoU to boost maritime innovation, workforce
ABS will establish the ABS Singapore Maritime Safety Centre as part of the arrangement.
Atlantic Navigation’s COO steps down
Bill Wong, the company’s executive director and CEO, will cover the duties of COO in the meantime.
MPA, partners boost maritime training with enhanced training programme
Under the enhanced TMTA, the training duration will be reduced from 31 months to 22 months.
AET, Fleetzero to develop plug-in hybrid-electric vessel
It is expected to be the world's longest-range hybrid-electric vessel.
Grand Banks unveils Pasir Gudang composite manufacturing facility
The facility expands the company’s manufacturing yard by 25%.
Industry told to brace for increased demand for offshore wind engineers
Floater designers will be needed under Singapore’s offshore energy plan.
Nam Cheong profit leaps to $243.6 in FY2024
Its revenue growth was driven by its fleet expansion, amongst others.
NYK and Seatrium bags approval for ammonia-fuelled bunkering vessel
The AiP certification validates the ammonia fuelled ammonia bunkering vessel’s design.
FSL Trust Management sells product tanker for $9.3m
Net gains will be used for general corporate purposes.
Beng Kuang Marine’s net profit soars 168% in FY 2024
The company’s proposed dividend per ordinary share stood at $0.006.
Marco Polo Marine’s Q1 2025 revenue drops 11% YoY
The group expects better performance in H2 2025 as recent investments yield returns.
ASL Marine posts $2.08m net profit in H1 FY2025
Earnings per share were at $0.0015.
FSL Trust Management to sell product tanker
It will be sold to an unaffiliated third party who lodged a 10% deposit in escrow.
Grand Banks Yachts net profit up by 9.2% to $7.6m H1 2025
The group proposed an interim dividend of $0.005 per ordinary share.
FSL Trust posts $11m net profit in 2024
This is an increase compared to a net profit of $3.7m in the same period of the preceding year.
Hutchison Port Holdings Trust posts 2.13 cents DPU for 2024
The group's NPAT rose 47% YoY.
ES Group to post net profit for 2024
The group’s ES Jewel vessel was in full operation during the year.
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