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

News

  • 11
    Mar

    Keppel O&M clinches repeat order for semi rig worth about US$425m from Awilco

    The Business Times by KENNETH LIM

    Singapore RIGBUILDER Keppel Corp's offshore and marine unit has clinched a repeat rig construction contract worth about US$425 million from Awilco Drilling. The terms of the order are subject to finalisation and the signing of definitive agreements… More

  • 28
    Feb

    Sembmarine bags deals worth S$175m for vessel construction, repair and upgrades

    The Business Times by NG REN JYE

    Singapore SEMBCORP Marine has secured new contracts worth an estimated S$175 million for the design and construction of a liquefied natural gas (LNG) bunker vessel and the repair and modernisation of 13 cruise ships. The LNG vessel will be built for… More

  • 22
    Feb

    Sembcorp Industries posts 10% fall in Q4 profit

    The Business Times by JAMIE LEE

    Singapore SEMBCORP Industries posted a 10 per cent fall in net profit for the fiscal fourth-quarter from a year ago, dragged by the marine business, the company said on Thursday. Net profit for the three months ended Dec 31, 2018, stood at S$106 million,… More

  • 21
    Feb

    SembMarine posts fourth quarter net earnings of S$6m

    The Business Times by LEE MEIXIAN,VIVIENNE TAY

    Singapore SEMBCORP Marine's fourth-quarter net profit fell 95 per cent to S$5.9 million from S$117.3 million a year ago on continued low business volume, but nonetheless beat the expectations of most analysts, some of whom had projected losses. They… More

  • 21
    Feb

    Keppel O&M delivers jackup rig under sale-and-leaseback deal

    The Business Times by RACHEL MUI

    Singapore KEPPEL Offshore & Marine (Keppel O&M) has delivered a jackup rig to Mexican driller Grupo R under a sale-and-leaseback agreement, the group said on Wednesday. As part of the deal, Grupo R has entered into an agreement with FELS Asset Co, a… More

  • 07
    Feb

    Korean shipbuilders merge; ripples reach Singapore

    The Business Times by ANITA GABRIEL

    Singapore SOUTH Korea's giant merger between the world's two largest shipbuilders could shake up Singapore-listed yard and offshore players in more ways than one, aside from the oft-speculated but yet-to-materialise consolidation here. For one, the… More

  • 24
    Jan

    Oil and gas sector to invest in technology for cost savings

    The Business Times by TAY PECK GEK

    Singapore THERE is increasing recognition across the global oil and gas industry that cost-cutting is not the way to go. Rather, digital investment is the strategy to improve efficiency that in turn will lead to cost savings, a study found. According… More