Shipping & Marine
Jaya Holdings appoints Max Alexander Hafstad Hartvigsen as President
Mr Hartvigsen will be in charge of business development activities, profit and loss for the fleet of owned and chartered vessels and operational...
Jaya Holdings appoints Max Alexander Hafstad Hartvigsen as President
Mr Hartvigsen will be in charge of business development activities, profit and loss for the fleet of owned and chartered vessels and operational...
Sembcorp Marine unit to build sophisticated drilling rig for Gulf Drilling Int'l
It's a US$218.5m worth of contract set to deliver a rig that can operate in depths of 400 feet and provide accommodations with full hotel services.
Sembcorp Marine to build US$568M drilling rig for North Atlantic
Delivery is scheduled no later than the first quarter of 2015.
STX Pan Ocean Co. appoints Duk Soo Kang as Chief Executive Officer
Mr Duk also holds the Chairmanship of STX Group and Directorship role in STX Pan Ocean.
Neptune Orient Lines appoints Lim Tze Ghow Olivier as Director
Mr. Lim is also a Member, NOL Executive Committee and Member, NOL Nominating Committee.
NOL issues S$-denominated perpetual capital securities
The company has mandated DBS Bank as the global coordinator for the issuance.
Mermaid Maritime Public appoints Stephen Gregor Lenz as Executive Director
Mr Lenz was reinstated to the post after resigning in August last year.
Shipping liners face oversupply risk: OCBC
NOL and the collective industry should watch out for gaping capacity that could sink profits.
Courage Marine Group Executive Director resigns
Chen Shin-Yung's inability to attend board meetings led to his resignation.
Jaya Holdings' Executive Director and Chief Executive Officer retires
Chan Mun Lye was tasked to supervise the group's business strategies and direction.
Sembcorp Marine’s orderbook YTD now a whopping S$6.6bil
Thanks to its latest S$385.5 million contract from Helix Energy Solutions.
Sembcorp Marine inks a $385.5 million worth of deal
SMM won an order to build a semi-submersible well intervention rig for Helix Energy Solutions.
Where's the risk in Ezion Holdings' $65.7m liftboat contract?
The liftboat will most likely be made in a Chinese yard and could be at risk for delays.
Temasek Holdings sells its stake in Sembcorp Marine
Temasek just bid farewell to its 3% direct stake in SMM this morning.
NOL flags Asia-Europe rate hikes, but will they float or sink ?
Asia's shipping liners have been successful in getting the US$700- 800/TEU rate hike, but long term doubts remain.
Cosco’s new orders to yield low to mid-single digit gross margins
Excluding the four options, the new contract will lift Cosco’s YTD new orders to US$305m.
Brace for even higher freight rates: CIMB
Container freight rates are climbing and will reach mid-year peaks before crashing in 2H11.
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