Shipping & Marine
CCCS seeks public feedback on Hanhwa’s stake acquisition in Dyna-Mac
CCCS seeks public feedback on Hanhwa’s stake acquisition in Dyna-Mac
Hanwha seeks to acquire more than a 50% stake in Dyna-Mac.
Hanwha Group stands firm on $0.60 apiece offer for Dyna-Mac
It is currently the only offer for the group.
COSCO Shipping to expand Jurong Island logistics hub
The expansion will nearly double the hub's operational capacity.
ST Engineering unveils new $95m smart shipyard at 55 Gul Road
It was acquired in February 2023 to replace the Tuas Yard.
Singapore port congestion may persist until year-end
Ships have had to wait for one to two days to berth amidst the Red Sea attacks.
MPA permits night operations for container barges at Pasir Panjang Terminal
Barge operations will now be allowed from 7:00 pm to 6:30 am.
Grand Banks Yachts’ net profit more than doubles in FY2024
Earnings per share stood at $0.1158.
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
This was despite a 4.6% decline in revenue.
Singapore logistics investments: stable
Singapore remains stable amid global industrial and logistics transactional activity despite H1 investments across APAC down 11% year-on-year.
Uni-Asia reports $15.4m net profit loss in H1 2024
They also had an operating loss of US$9.8m.
Nam Cheong’s profit skyrockets to $189.2m in H1 2024
Thanks to improved daily charter rates and higher utilisation of larger vessels.
Yangzijiang Financial’s net profit sinks 33.9% in H1 2024
Total income for the period also declined 21.7%.
PSA International to acquire 85% stake in Poland's Loconi
Loconi runs 220 trains monthly across five corridors in Poland.
Dyna-Mac revenue grows by 42.5%
The company reported a revenue growth of $77.4m in H1 2024.
Seatrium returns to profitability with $36m gain in H1 2024
H1 2024 is the company's first profitable period since its formation in 2023.
MPA, Microsoft to boost maritime safety and sustainability
It plans to adopt cloud computing, AI, data analytics, robotics, and cybersecurity.
Samudera’s H1 earnings sink 68.3% YoY to $28.2m
Revenue also dropped 27.1% YoY to $299.6m amidst container segment decline.
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