Singapore
OOCL liner revenue down 26% in Q3 on lower freight rates
Asia-Europe and Trans-Pacific routes recorded the steepest declines.
OOCL liner revenue down 26% in Q3 on lower freight rates
Asia-Europe and Trans-Pacific routes recorded the steepest declines.
Seatrium receives termination notice for $610m WTIV project
The project is approximately 98.9% completed.
ASL Marine eyes raising $7m through placement shares
This will fund business expansion and the broadening of its shareholder base.
Fleet expansion to propel growth for marine and offshore companies
Yard utilisation is also strong amidst demand for repairs.
Aster invests $161.25m for single buoy mooring upgrade
The upgrades will enable greater capacity for energy imports.
Yangzijiang Shipbuilding bags eight contracts worth $567.6m
Meanwhile, deals for four oil tankers were terminated.
Strategic Marine achieves technical acceptance for 40m passenger ferries for Bermuda
The ferries have a capacity of 550 passengers.
Singapore-India corridor may spur green fuel bunkering
The digital side of the deal could improve port operations.
ONE’s 24,000 TEU-class mega vessel hits new loading record
ONE Innovation is on its way to England.
Seatrium sells AmFELS yard in Texas for $65m
The sale will allow the company to fuel capital and operational efficiencies.
SMF inks deals to enhance young talent in maritime sector
The agreements include scholarships to ready the workforce.
PIL holds naming ceremony for first LNG dual-fuel vessel in Ghana
This will operate on the South West Africa Service.
Marco Polo Marine bags $100m ship chartering deals
The contracts span the next three years.
ABB bags deal for Singapore’s first floating LNG terminal
The deal includes the installation of an electrical system on board the FSRU.
Green shipping's future: Strategic partnership between public and private finance
For Singapore to retain leadership in green shipping, it must harness private finance alongside public funds.
MPA rolls out corrective actions following Auditor-General's findings
Four actions were implemented to address concerns from state auditors.
Permira acquires minority stake in RightShip
The acquisition aims to accelerate technology and AI-led growth in maritime.