• 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

  • 27
    Dec

    Keppel O&M bags S$300m of contracts; Keppel T&T sells stakes in Thai IT firms

    The Business Times by LYNETTE TAN

    Singapore KEPPEL Corp said on Wednesday its unit Keppel Offshore & Marine (Keppel O&M) has secured new marine contracts with a combined value of about S$300 million. Keppel O&M's subsidiary Keppel Singmarine has been engaged by Shturman Koshelev to… More

  • 04
    Dec

    SembMarine may turn in operating profits in 2019 as work ramps up

    The Business Times by TAN HWEE HWEE

    Singapore NOW that a large chunk of projects on Sembcorp Marine's multi-billion-dollar order book is under construction, its management is optimistic that the large-cap offshore and marine group may turn profitable at the operating level next year.… More

  • 04
    Dec

    New framework to boost digital literacy in marine sector

    The Straits Times by NG JUN SEN

    In a bid to improve the digital literacy of the 23,000 Singaporeans working in the marine and offshore industry, the National Trades Union Congress (NTUC) rolled out a new training initiative to help workers and companies raise their skills. This "digital… More

  • 30
    Nov

    STE marine unit poised to land contract valued up to S$400m

    The Business Times by TAN HWEE HWEE

    Singapore THE marine arm of defence and engineering group, Singapore Technologies Engineering (STE), is poised to clinch a contract valued at under S$400 million with Singapore's Police Coast Guard (PCG). ST Marine was named winner in a public tender… More

  • 19
    Nov

    First Asian ship fuelled by methanol may set sail from Singapore next year

    The Business Times by TAN HWEE HWEE

    Singapore THE first ship destined to operate in Asian waters using methanol, a fuel touted with greener potential than liquefied natural gas (LNG), is expected to set sail in Singapore late next year - that is, if a pilot project takes off as planned.… More

  • 30
    Oct

    SembMarine wins deals worth more than S$200m

    The Business Times by ANNABETH LEOW

    Singapore OFFSHORE and marine group Sembcorp Marine is set to build its first battery-operated passenger ferries for Norwegian operator Norled AS. Three hybrid vessels will be delivered in the fourth quarter of 2020, as Sembcorp Marine plunges into… More

  • 23
    Oct

    SembMarine unit secures US$166m job on Teekay vessel

    The Business Times by WONG KAI YI

    Singapore SUBSIDIARIES of Sembcorp Marine (SembMarine) and Teekay Offshore Partners have signed a US$166 million agreement for engineering, procurement and construction works related to the modification, repair and life extension of Teekay's Petrojarl… More

  • 18
    Oct

    Oil price at US$80 may be the grease for an O&M recovery

    The Business Times by TAN HWEE HWEE

    Singapore THE rise in Brent Oil to above US$80 a barrel since late September has fanned expectations that the beleaguered offshore and marine (O&M) sector is seeing light at the end of the tunnel. But the rising tide will not lift all boats and investors… More