Shipping & Marine
FSL Trust "weak" against business risk: S&P
Prevailing shipping industry woes of oversupply and lackluster demand may result in more charter terminations.
FSL Trust "weak" against business risk: S&P
Prevailing shipping industry woes of oversupply and lackluster demand may result in more charter terminations.
Sembcorp Marine's Deputy Chairman retires
Richard Edward Hale Obe is also an Audit Committee Member.
Singapore Yacht Charter scene
Yacht chartering in Singapore has seen an upsurge in demand in the last 4 years. This can be seen by the number of companies in the yacht charter...
COSCO commissioned to construct barges worth over USD220 million
The contract with Energy Drilling for 2 units of Self Erecting Drilling Tender Barges are set for delivery in the 2nd quarter of 2014.
Chart of the Day: More orders to come for Singapore rig builders
Analyst expects order wins to return to pre-2009 levels of S$4.5 billion to S$5.5 billion per annum.
Neptune Orient Lines to issue S$400m worth of senior notes
These will carry an interest rate of 4.25% per annum.
ASL Marine buoyed by winning shipbuilding orders worth S$132.5m
This brings the group’s new shipbuilding contracts to a total of S$454.5m so far in FY12.
Otto Marine's General Manager resigns
Chua Peng Chua was also the group's Senior Vice President for Sales and Marketing.
Ezra Holdings' net profit up 177% to US$22.1m
The company's revenue also increased 114% to US$211.8m.
K-REIT Asia Management appoints three new independent directors
The appointments took effect on April 9.
Jaya Holdings appoints Max Alexander Hafstad Hartvigsen as President
Mr Hartvigsen will be in charge of business development activities, profit and loss for the fleet of owned and chartered vessels and operational...
Sembcorp Marine unit to build sophisticated drilling rig for Gulf Drilling Int'l
It's a US$218.5m worth of contract set to deliver a rig that can operate in depths of 400 feet and provide accommodations with full hotel services.
Sembcorp Marine to build US$568M drilling rig for North Atlantic
Delivery is scheduled no later than the first quarter of 2015.
STX Pan Ocean Co. appoints Duk Soo Kang as Chief Executive Officer
Mr Duk also holds the Chairmanship of STX Group and Directorship role in STX Pan Ocean.
Neptune Orient Lines appoints Lim Tze Ghow Olivier as Director
Mr. Lim is also a Member, NOL Executive Committee and Member, NOL Nominating Committee.
NOL issues S$-denominated perpetual capital securities
The company has mandated DBS Bank as the global coordinator for the issuance.
Mermaid Maritime Public appoints Stephen Gregor Lenz as Executive Director
Mr Lenz was reinstated to the post after resigning in August last year.
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