Shipping & Marine
NOL efficiency efforts can only do so much: DBS
It cut $100 million in costs through operational improvements but punishing macro conditions will keep pulling its profits down.
NOL efficiency efforts can only do so much: DBS
It cut $100 million in costs through operational improvements but punishing macro conditions will keep pulling its profits down.
ASL Marine's net profit slips by 1% to S$8m
Higher operating expenses was the reason given for the decline. On the other hand, ASL Marine reported a gross profit increase of 53% to S$16m.
Sembcorp Marine winning streak will continue: DBS
The company is well-positioned to clinch more yard contracts even as it racked up its sixth order for the year.
Sembcorp Marine profit fall not a sign of weakness?
Revenue is still robust and the first quarter dip resulted only from issues in timing and not underperformance, argues Maybank Kim Eng.
Swissco Holdings Director Oh Choon Gan resigns
Mr Oh was an Audit Committee member and the Chairman of the Remuneration and Nominating Committees.
COSCO profit down 25% to $27.8m
No thanks to lower profit contributions from dry bulk shipping and shipyard operations.
Have shipping rates peaked already?
Asia-Europe prices will likely remain steady for the summer as carriers meet increasing resistance to rate hikes.
Marco Polo Marine's profit sinks by 22%
The weakening of the rupiah against the US dollar led to MPM's share loss of S$0.8m from Bina Buana Raya instead of earning a S$1.2m profit.
Otto Marine issues profit warning
If you’re a shareholder, you might want to know that the company and its subsidiaries expect to report a loss for first quarter ended 31 March 2012.
Winning and rigging soon: More than eight $1B contracts from Petrobras
Keppel is rumored to be in final negotiations with Petrobras on two of the eight FPSOs. Jurong Shipyards and the Mendes Junior-OSX consortium are the...
COSCO secures US$200M deal from COTEMAR
COSCO wins the contract to build one unit of Semi Submersible Accommodation Vessel that will operate in the Gulf of Mexico and in the North Sea.
Sembcorp Marine's margins shrinking? Don't panic, it's normal
The company's outstanding orderbook stood at SG$5.1b and it continues to rake in new contracts.
Otto Marine's Advisor to Chairman and Group CEO retires
Lee Kok Wah did not seek re-election to the board.
Otto Marine's Director retires
Ng Chee Keong also acted as the Chairman of the Nominating and Remuneration Committees and a member of the Audit Committee.
Maritime industry survival hinged on innovation
Singapore minister says it is the only way firms can overcome brutally low demand and steep fuel prices.
Offshore engineering to cause trouble for COSCO?
COSCO's inexperience in building tender rigs, jack-ups, and drillships may cause volatility in its earnings.
Maritime R&D gets full government backing
Which company did authorities partner with to develop clean energy technologies with a maritime application?
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