Singapore
Seatrium hits first gas injection milestone for Petrobras FPSO vessel in Brazil
The vessel begins gas production 61 days post-oil.
Seatrium hits first gas injection milestone for Petrobras FPSO vessel in Brazil
The vessel begins gas production 61 days post-oil.
Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash
CEO Ren Letian is separately buying a 5% stake through his private investment vehicle.
Seatrium completes sale of Karimun Yard in Indonesia
The company expects over $50m in annual savings once fully implemented.
Seatrium wins eighth Karpowership FSRU conversion contract
The project starts in the third quarter of 2026.
Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake
Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.
Singapore shippers face policy cancellations as Iran conflict escalate
Hull and Machinery coverage faces cancellations with reinstatements costing more.
Hydromover 2.0 launches in Singapore, eyes UAE rollout
The electric cargo vessel offers longer range and larger payload.
Nam Cheong CEO boosts holdings after buying 100,000 shares
This lifts his stake in the company to 4.053%.
Uni-Asia signs first newbuild order in 10 years with Nihon Shipyard
The vessel is scheduled for delivery in the second half of 2028.
Marco Polo Marine secures $21m for offshore wind expansion
The company issued 144 million shares to fund specialised vessels for renewables.
Strategic Marine hands over two of six contracted vessels to Mainprize Offshore
The agreement includes options for six additional units.
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.
