Singapore
ONE’s net profit down 87% in H1
The company said that the overall market environment may not prove as robust as initially projected.
ONE’s net profit down 87% in H1
The company said that the overall market environment may not prove as robust as initially projected.
SG, South Korea to establish green and digital shipping corridor
It also aims to accelerate digitalisation to enhance information exchange.
Yangzijiang Maritime to debut on SGX after $5.2m placement
Spin-off from Yangzijiang Financial valued at about $2b at listing.
PIL launches fourth 8,200 TEU LNG dual-fuel ‘O’ Class vessel
The ship features engines that reduce methane emissions.
Samudera Shipping container shipments inch up in Q3
All its vessels are employed under charter deals during the period.
Seatrium bags $170m in repair and upgrade deals
The latest contracts are mostly major cruise, leisure and naval vessel projects.
Seatrium faces arbitration with Maersk affiliate over wind vessel contract
Arbitration adds delivery and legal risks to Seatrium’s wind project
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.
