Shipping & Marine
Jasper Investments to acquire 51% stake in Prosper Excel Engineering
Jasper Investments to acquire 51% stake in Prosper Excel Engineering
The company will acquire the stake for $7.5m.
Singapore assesses oil spill impact on beach-front businesses
Significant progress has been made in clearing oil slicks from the beaches.
MPA seeks compensation from Marine Honour for oil spill damages
Marine Honour is also liable for at-sea and on-shore cleanup costs.
Clean-up operations expand as oil reaches water off Changi
Authorities have deployed additional booms to contain the incident.
3 factors causing prolonged congestion at Singapore’s port
Global congestion raised container prices in Singapore by 26% since October.
Singapore port container throughput soars to 16.90 million TEUs in 5M 2024
Container volumes handled in Singapore for the period increased by 7.7% YoY.
Sembcorp inks Heads of Terms for green ammonia deal with Sojitz and Kyushu Electric
The partners aim to supply Japan with green ammonia from India.
Yangzijiang Financial acquires Handymax vessel in JV with Alpha Omega
The vessel's delivery is slated for July.
MPA opens three new berths at Tuas Port amidst vessel diversion challenges
The new berths will operate later this year.
First hybrid system-powered LNG tug starts service in Singapore
The tug is equipped with mtu gas engines from Rolls Royce.
Yangzijiang Shipbuilding hits record US$16.8b in orders year-to-date
The year-to-date order book exceeds the US$14.5b total from the end of 2023.
S’pore completes first simultaneous methanol bunkering and cargo ops
MFM system and digital bunkering were also tested.
CCCS seeks public feedback on renewing shipping exemption order
The CCCS wants the Trade Ministry to extend the order by five years.
SG completes ship-to-ship bunkering of nearly 1,340 MT of blended methanol
Another simultaneous methanol bunkering and cargo operation for a container vessel is scheduled for the following week.
Yangzijiang Financial to seek approval for maritime diversification at EGM
The company will hold the EGM on 31 May.
S’pore Polytechnic and Vopak collaborate to boost safe marine fuel handling
Students and faculty of the Singapore Maritime Academy will be part of the programme.
Fortescue completes propulsion, manoeuvrability trials for ammonia-powered vessel
The tests ran for 10 days using ammonia, diesel, and HVO as fuel.
Read Here
Advertise
Sign Up
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning