News
JMU and NYK sign tanker deal with guaranteed sea performance
The tanker will be delivered in March 2026.
JMU and NYK sign tanker deal with guaranteed sea performance
The tanker will be delivered in March 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.
ICTSI net income hits $1.05b on port growth
Diluted earnings per share rose 25% to $0.510.
ATI delisting tender draws 9.16% of shares
Crossing set for 13 March.
ICTSI net income rises 23% to US$1.05b in 2025
Revenues climb 18% as throughput rises.
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.
ClassNK approves NYK Line subsea cable-laying vessel
It will support long-distance subsea DC power transmission.
Strategic Marine hands over two of six contracted vessels to Mainprize Offshore
The agreement includes options for six additional units.
Oshima’s bulk and ammonia carriers advance with ClassNK approval
The ship designs were cleared for safety and regulatory compliance.
India accelerates maritime drive toward 2047 global hub vision
The country also aims to enhance export competitiveness and reduce logistics overheads.
India to develop $87m specialised green hydrogen jetty
It will have a capacity of 4 million tonnes per annum.
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.
Mermaid Group profit falls to $7.4m as APAC project gap slows revenue
Transport, installation, and decommissioning revenue weakenened in the region.
