Shipping & Marine
Rotterdam-Singapore Green, Digital Shipping Corridor complete pilot for liquefied bio-methane
The pilot involved 100 tonnes of LBM supplied by Shell.
Marco Polo Marine’s net profit slips by 7.4% YoY in 2024
The company attributed this to a 2.8% YoY decline in revenue.
MPA, Japan’s Mitsui O.S.K Lines ink MoU on maritime development
Under the MoU, the two will cooperate to decarbonise the industry.
Uni-Asia posts positive cash inflow of $4.5m in 9M 2024
The group’s net operating cash inflows were $22.6m (US$16.8m).
Mermaid Maritime appoints new independent director
The appointment took effect on 20 November.
Smart Port Challenge garners over 200 proposals from 35 countries
Twenty start-ups have qualified for a $100,000 grant.
Yinson GreenTech introduces SG’s first electric hydrofoil vessel
Its hydrofoil system reduces energy consumption by up to 80%.
Keppel to assume control of Rigco Holding's 13 legacy rigs
Rigco is undergoing a selective capital reduction (SCR) exercise.
CCCS OKs Hanwha’s proposed acquisition of Dyna-Mac
CCCS conducted a public consultation from 4 to 18 October.
Atlantic Navigation profit soars 99.3% YoY in 9M 2024
The group’s revenue also grew to $108.9m.
Seatrium inks LOI for Japan's 5,000-tonne heavy lift vessel
The formal contract is expected to be finalised in the first quarter of 2025.
Seatrium hits $24.4b net order book in 9M 2024
The order book comprises 30 projects.
Yangzijiang Shipbuilding’s order wins hit $11.64b, surpassing FY24 goal
Its goal for FY24 is US$4.05b.
Singapore Shipping’s net income jumps 71.9% YoY to US$7.77m
Improved revenue drove net income higher.
Jason Marine’s swings to $330,000 net loss as costs surge
Distribution and general and administrative costs increased by 15.1%.
CCCS recommends five-year renewal of shipping exemption order
The recommendations said to retain the categories of liner shipping agreements.
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