shipping

US-China trade war

How the trade war and a changing China are roiling world shipping

(Oct 31): The trade war and China’s economic shift made 2018 a tough year for global shipping and will continue to reverberate through the industry, according to the United Nations Conference on Tr

Sector Focus

Singapore has a shipping rival less than 30 kilometres away

SINGAPORE (Feb 1): Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw US$60 billion ($80.8 billion) in new invest

Contracts

Sembmarine ends year with 10 completed cruise ship projects, announces 13 new jobs for 2019

SINGAPORE (Dec 17): Sembcorp Marine (Sembmarine) today announced the completion of repair work on Costa Fortuna, a 1,358-cabin vessel operated by Costa Crociere which sailed away from Sembmarine’s

Broker's Calls

Yangzijiang's share price ready for a rebound after falling 50% YTD, says DBS

SINGAPORE (July 3): DBS is reiterating its “buy” call on Yangzijiang Shipbuilding (YZJ) with an unchanged target price of $1.82, which translates to 1.25 times price-to-book value (P/BV), approxima

In print this week

At close to 200 years old, this company is seeking young blood

SINGAPORE (July 7): As one of Singapore’s oldest companies, Boustead Singapore has cycled through numerous businesses including commodity trading, tin smelting, shipping and the di

Broker's Calls

Pan United’s loss-making unit is about to be bought out. Why are analysts still worried?

SINGAPORE (Nov 16): Pan United Corporation’s earnings are set to improve after the one-off buyout of its loss-making tugs and barges business by its key shareholders, yet DBS Group Research remains

Hanjin

Troubled Hanjin's fleet shrinks to a tenth of its size

SINGAPORE (Nov 14): Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks following

Results

Cosco’s 3Q net loss widens by 25% to $102 mil

SINGAPORE (Nov 11): Cosco Corporation (Singapore) saw 3Q net loss widened 25% to $102.3 million from the net loss of $82.1 million a year ago.

Singapore junk bonds slump as Swissco seeks restructuring

SINGAPORE (Oct 4): Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.

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