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Offshore & Marine

Singapore completes its first bunker financing transaction using digital bunker delivery note - THE EDGE SINGAPORE

Offshore & Marine

Singapore completes its first bunker financing transaction using digital bunker delivery note

The digital bunker delivery note bypasses the need to deliver a physical note to shore.
Ezion sells vessels and subsidiary Teras Sunrise for US$83.7 mil - THE EDGE SINGAPORE

Offshore & Marine

Ezion sells vessels and subsidiary Teras Sunrise for US$83.7 mil

According to Ezion, the disposals are in line with its restructuring plan previously announced on June 20.
Casting off the O&M crown jewel turned millstone - THE EDGE SINGAPORE

Offshore & Marine

Sembcorp Industries, SembMarine: Casting off the O&M crown jewel turned millstone

For many years, the offshore services provider was the crown jewel of Sembcorp. Not any longer.

Offshore & Marine

Sembcorp Marine and Keppel begin long-awaited merger talk of O&M business

The MOU is confirmation of a widely-expected restructuring exercise investors and analysts have been suggesting for years.
SembMarine seeks to raise $1.5 bil through rights issue; enters into MOU with Keppel O&M on potential merger - THE EDGE SINGAPORE

Offshore & Marine

SembMarine seeks to raise $1.5 bil through rights issue; enters into MOU with Keppel O&M on potential merger

If successfully completed, the merger is expected to be a listed entity and accretive to Keppel Corporation’s earnings.
Marco Polo Marine to boost ship repair capacity by up to 20% with dry dock extension - THE EDGE SINGAPORE

Offshore & Marine

Marco Polo Marine to boost ship repair capacity by up to 20% with dry dock extension

The dock will operate as usual during the period of construction.
Cargo ships skip Singapore as congestion at Chinese ports cause delays - THE EDGE SINGAPORE

Offshore & Marine

Cargo ships skip Singapore as congestion at Chinese ports cause delays

The disruptions threatening to inflate costs as shipping costs rise.

Offshore & Marine

Sembcorp Marine has rescheduled the delivery dates of two vessels with Transocean Offshore Deepwater Holdings

The delivery dates have been rescheduled to December for the first vessel and May 2022 for the second.

Offshore & Marine

Singapore ship operator X-Press Feeders faces criminal charges for pollution caused by shipwreck in Sri Lanka

Its vessel the X-Press Pearl was carrying 1,486 containers when it caught fire on May 20.
Marco Polo Marine seeks majority stake in Indonesian shipping company via rights issue subscription for up to US$17 mil - THE EDGE SINGAPORE

Offshore & Marine

Marco Polo Marine seeks majority stake in Indonesian shipping company via rights issue subscription for up to US$17 mil

Following the rights issue, Maro Polo Marine's interest in the Indonesian company will increase from 34.8% up to 72%.
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