Singapore

COSCO’s net profit climbs by 45% YoY in 2025

The group said this was driven by higher sales.

COSCO’s net profit climbs by 45% YoY in 2025

The group said this was driven by higher sales.

Samudera FY 2025 profit after tax rises to $96.9m

Board proposes 6.55-cent final, special dividends.

Samudera invests JPY230m in Japan unit

Shipping group says deal will not materially affect FY 2026 EPS.

Seatrium to cut $50m in annual costs with non-core asset sales

It sold 17 tugboats in Singapore for $104m with a towage contract.

SeaLead names Cho Kit Wei as CEO

He brings over 20 years of shipping industry experience.

Marco Polo Marine Q1 gross profit jumps 32% on wind fleet expansion

Fleet additions support revenue gains and operational efficiency.

Singapore explores low carbon ammonia bunkering solution

Singapore explores low carbon ammonia bunkering solution.

SIT and Seatrium open Punggol lab to train 1,700 in marine AI

Research at the lab will focus on energy efficiency and AI-enabled remote analytics.

Seatrium and Mammoet to load out 3 TenneT 2GW substations in Europe

Netherland and Germany to host 15 HVDC connections by 2032.

PaxOcean opens US$200m shipyard at Jalan Samulun

The hub is intended to serve as a collaborative “living lab” for decarbonisation.

Evergreen Marine orders 16 feeder ships from CSSC Offshore & Marine

Delivery of the vessels is scheduled to take place between 2028 and 2030.

PSA, Mitsui O.S.K launch Singapore roll-on/roll-off terminal venture

The project awaits regulatory approval, with operations to begin in the first half of 2026.

Nam Cheong sells vessel for $19.8m to reduce debt

The disposal supports balance sheet ahead of FY2026.

Seatrium seeks $270m from Aibel, faces $169.5 counterclaim

The arbitration was filed over cost and revenue split in DolWin 5 platform project.

Singapore Straits emerge as world’s top piracy hunting ground

137 piracy incidents were reported globally as hostages double.

ST Engineering expands JFD deal to secure subsea assets

The MoU now covers commercial shipbuilding and maintenance services for international navies.