Shipping & Marine

Keppel secures US$260 million contract with Floatel

The deal is for a new generation accommodation semisubmersible for delivery in 1Q 2014.

Keppel secures US$260 million contract with Floatel

The deal is for a new generation accommodation semisubmersible for delivery in 1Q 2014.

First Ship Lease Trust acquires second tanker for US $46m

FSL Trust will be leasing the tankers back to TORM for a 7-year base period on a bareboat charter basis, says DBS.

Yangzijiang signs US$700m shipbuilding contract with Seaspan

The massive deal is for the construction of seven 10,000TEU container ships for Seaspan Corporation.

Keppel Offshore & Marine names Chow Yew Yuen Managing Director

Chow played a key role in establishing Keppel O&M as a credible competitor in the Americas, and has helped set the foundation for its current...

COSCO wins $26m contract

Its subsidiary COSCO Shipyard Group secured the deal from a South East Asian company to build one semi-submersible barge.

Keppel christens first FPU built entirely in Brazil

The Floating Production Unit called P-56 will be delivered to Petrobras Netherlands BV on time and within budget.

COSCO delivers bulk carrier to China

The bulk carrier has deadweight tonnage of 57,000.

Cosco seals with $1b contract for two EPC rigs

The deal, which was signed last March., comes with options for two more ships.

COSCO-ATP $114mln deal now effective

COSCO Nantong Shipyard will construct Octabuoy Topside Module for delivery in 2013.

We’re being paid: COSCO

The shipbuilder clarified their vessel building contracts were entered into with subsidiaries of Sevan Drilling and not with its financially...

COSCO secures $356mln contract

Two units of jack-up drilling rig will be built for KS Drilling.

Alleged irregularities push COSCO shares down

Shares of COSCO dropped as much as 3.5 percent to S$1.96 following negative publicity.

Shippers get some relief even as credit worsens: Moody's

The ratings agency also warns ships could go idle again but so far so good.

NOL caught in EU anti-trust probe

According to a report in Reuters, anti-trust investigators visited the shippers UK offices to "identify the existence of any evidence of infringement...

Keppel inks US$772mn deal to 4 build jackups for Standard Drilling

Latest contracts boost value of new orders secured year-to-date to over S$6.4bn.

Sembcorp net profit up 1.2% in 1Q11

Net profit surged to $150.6 million, said Sembcorp Marine.

Lim Joke Mui steps down as member of Sembcorp Board Special Committee

She has stepped down with effect from 6 May 2011 to pursue her personal interests.