• 13
    May

    Keppel AmFels set to land first LNG-fuelled box ships order

    The Business Times by TAN HWEE HWEE

    Singapore KEPPEL Offshore & Marine (O&M) is well-placed to land its first newbuild order for liquefied natural gas (LNG)-fuelled container ships. Keppel Corporation's O&M unit confirmed on Friday that Honolulu-based Pasha Hawaii had selected Keppel… More

  • 28
    Apr

    Keppel unit bags US$40m contract

    The Business Times by TAN HWEE HWEE

    Singapore A UNIT of Keppel Offshore & Marine (O&M) has won a US$40 million contract that will see the delivery of the first tension leg wellhead platform (TLWP) to be deployed offshore Vietnam. The award by Vietnam's state-owned PTSC Mechanical & Construction… More

  • 26
    Apr

    Local ship owner eyes expansion

    The Business Times by NARENDRA AGGARWAL

    AS home-grown shipping company Pacific International Lines (Pte) Ltd (PIL) celebrates its 50th anniversary this year, it has garnered another well deserved accolade. It has been conferred the SRS Ship Owner of the Year Award. "It is a matter of immense… More

  • 26
    Apr

    PEs with deep pockets may be last resort for shipping sector

    The Business Times by TAN HWEE HWEE

    Singapore THE troubled maritime, offshore and engineering sector, faced with mounting problems accessing bank financing and the public equity market, may have to fall back on private equity (PE) with deep pockets for new funding. These are inferences… More

  • 24
    Apr

    R&D focus key in offshore, marine sector

    The Straits Times by JACQUELINE WOO

    The wheels driving research and development (R&D) in Singapore's offshore and marine sector continue to turn even as firms wrestle with one of the most bruising downturns in recent history. Industry veteran Heng Chiang Gnee, who stepped down as executive… More

  • 19
    Apr

    Is there a future for the private shipowner?

    The Business Times by DAVID HUGHES

    SOME interesting themes are emerging in the run-up to Singapore Maritime Week (SMW) 2017, which starts next Monday and is organised by the Maritime and Port Authority of Singapore (MPA). The over-arching theme for the record 34 events being held is… More

  • 04
    Apr

    O&M stocks may decouple from oil prices: analysts

    The Business Times by TAN HWEE HWEE

    Singapore A REBOUND in floating production contract awards is in sight but this being fuelled more by cost reductions, say analysts, raises the possibility of offshore and marine (O&M) stock valuations decoupling from oil prices moving forward. Data… More

  • 22
    Mar

    Keppel shares end flat despite rig order news

    The Straits Times by JACQUELINE WOO

    Keppel Corporation shares barely moved yesterday despite news that Oslo-based rig operator Borr Drilling is buying five jack-up rigs that the conglomerate is building for Transocean. Borr Drilling will take over the contracts and remaining payment instalments… More

  • 21
    Mar

    Keppel O&M gets new chief

    The Business Times by TAN HWEE HWEE

    Singapore KEPPEL Corp announced after Monday trading close a new head for its offshore and marine unit, Keppel Offshore & Marine. The present managing director of its rig-building arm, Keppel FELS, Chris Ong, will concurrently serve as acting chief… More

  • 21
    Mar

    Keppel signs deal with Borr Drilling for Transocean rigs

    The Business Times by LEE MEIXIAN

    Singapore KEPPEL FELS, a unit of Keppel Offshore & Marine, has signed a heads of agreement with Borr Drilling of Bermuda, with the approval of Transocean, whereby the construction contracts for the five jackup rigs currently being built by Keppel FELS… More