A comprehensive directory published for the shiprepairing, shipbuilding, marine technology, offshore technology and maritime Industries


KrisEnergy rides wave of speculation

COULD KrisEnergy soon be getting a lucky break? The stock has seen its share price rise since the beginning of the month, accompanied by a surge in volume. Talk in the market is that Keppel Corporation - which holds a 40 per cent stake in the oil and gas exploration and production firm - might lend a hand to the firm to restructure its loans. When asked about this, both KrisEnergy and Keppel Corp...

IE Singapore links up with banks to support new oil & gas projects

IE Singapore is working with local banks to provide funding for new projects in the beleaguered oil and gas (O&G) sector. Funding for new projects has ground to a halt, as the growing number of defaults among cash-strapped firms in the sector has spooked banks, making them risk-averse. The Business Times understands that the loans will be issued under an enhanced version of the International Fina...

Swiber firms get High Court's nod to go under judicial management

The High Court gave the green light to place energy services firm Swiber Holdings and one of its units under judicial management yesterday as both firms try to survive under a debt load of US$1.58 billion (S$2.2 billion). Judicial Commissioner Kannan Ramesh ordered the judicial managers to provide creditors with a schedule of the costs it will incur over the next 180 days within 30 days. A judic...

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A trusted partner to Asia's oil & gas industry for over 40 years, OSEA2016 will present opportunities, solutions and inspirations for industry professionals to re-strategise and rethink the next best direction to embark on amidst the challenging market conditions.

With over 1,300 exhibitors from 49 countries/regions and the largest-ever line-up of 22 international group pavilions gearing up for OSEA2016, an extensive range of equipment, innovations and services for levelling up capabilities and productivity will be on showcase.

The OSEA2016 International Conference will be presented in 18 interactive masterclasses. Also, hear from top experts at the newly launched LNG EquipTech Asia. Visit www.osea-asia.com for more information.
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