Shipping & Marine

Yangzijiang inks order contracts to build five vessels

The five order contracts, along with two more last month, are worth $546.36m.

Major incidents in ports down to 0.12 per 100,000 vessel movements in the past ten years

Building on this, MPA made three partnerships to further enhance maritime safety.

MPA launches new guide for maritime sustainability reporting

It includes a framework for reporting sustainability development practices.

YZJ Shipbuilding profits up 11% to $345.4m in H1

However, new shipbuilding orders declined by 50% YoY in DWT terms.

Sembcorp Marine queried over ‘unusual' share price movement

More than 21 million shares of Sembcorp Marine were traded in Wednesday, fuelled by last-minute activity.

MPA and Chinese water transport agency team-up for maritime safety

The agreement will enhance cooperation and information exchange between the two agencies.

Singapore crowned as top international shipping centre for sixth straight year: study

The report lauded the city’s strength in ship management and shipbroking services. Singapore defended its crown against Hong Kong to rank as the top...

Tuas mega port begins second phase of construction

Spanning 387 ha, it is the largest of the four phases to be reclaimed.

Third smart port challenge launched

It will explore solutions utilising AI, cloud, mobile computing and blockchain for the maritime industry.

Maritime Port Authority of Singapore spearheads geospace-sea initiative

It will provide geospatial data for port, marine and coastal planning, and environmental management.

KS Energy-Universal Energy Resources consortium bags $129.6m drilling contract

It will charter a semi-submersible drilling rig in Indonesia in H2 2019.

Keppel O&M associate to merge with European semi-submersible vessel operator

Prosafe will acquire all of the ordinary shares in the capital of Floatel based on a 55:45 exchange ratio.

Marine fuel supplier Southernpec loses bunker supplier license

Its employees engaged in bunker malpractices, an enforcement check found.

Sembmarine banks on more orders to bounce back into the black

Sembmarine's strong order pipeline could translate to $3b or more in new orders in 2019.