Shipping & Marine
Keppel O&M unit to buy rig from Mexican driller for US$179m via sale and leaseback
Keppel O&M unit to buy rig from Mexican driller for US$179m via sale and leaseback
Keppel has previously delivered ten such rigs to Mexico.
Sembcorp Marine's Q4 profits sink 94.9% to $5.93m
It blamed losses from the $34m sale of a semi-submersible and continued low business volume.
Superyacht arrivals reach a new record in Thailand
The 36 superyachts at Yacht Haven Marina would cover a distance of 1,582 meters.
Poor offshore engineering performance could hit Sembmarine's 2018 results
Company losses could widen to $78m for the year, an analyst said.
Is it time for Singapore shipyards to consolidate as Korean maritime giants flounder?
The effects of HHI’s takeover of Daewoo spells opportunities for Singapore’s maritime players on a global scale.
Global maritimetech startup accelerator launches in Singapore
Ten companies from around the world will be accepted in its inaugural class.
ST Engineering's marine arm clinched $560m worth of new contracts in Q4 2018
This includes a contract for the construction and maintenance of patrol boats for the Singapore Police Coast Guard.
Sembcorp Marine completes 10th and final repair project for 2018
Its projects included vessels from Carnival Cruises, Princess Cruises and Royal Caribbean Cruise Line.
India business could drive profits for Sembcorp Industries amidst weak Q4 projection
The firm will also likely continue its capital recycling efforts and forays into other markets to sustain growth.
ST Engineering's Marine sector clinched contracts worth $431m in Q3
One contract in the US was worth $331m.
Sembmarine losses may bleed into Q1 2019
The underperforming offshore engineering unit continues to weigh on margins.
Sembmarine seals two renewable energy contracts worth over $200m
It will engineer and construct projects for Denmark’s Ørsted Wind Power and Norway’s Norled AS.
SembMarine's order pipeline could hit $3b in 2019
One major deal is a floating production storage and offloading (FPSO) contract that could be worth up to $2.76b (US$2b).Although order wins have been...
Sembcorp Marine sank into a $29.76m loss in Q3
It blamed continued low overall business volume.
Pavilion Energy inks charter agreement for new BW vessels
It will hire two liquified natural gas (LNG) carriers to boost global trading expansion.
SembMarine clinches $160m contract with Teekay Offshore
The deal will see to modifications and life extension of the Petrojarl Varg vessel.
Keppel contractor eyes Chinese yards for future vessels
Golar LNG is in talks with alternative shipyards for newbuilds.
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