Singapore-listed First Ship Lease Trust (FSL Trust) has received a mandatory conditional cash offer of SGD0.0585 per unit for all its outstanding units from a group of investors led by Prime Marine’s Efstathios Topouzoglou.
Singapore-listed First Ship Lease Trust (FSL Trust) has been placed on a ‘watch-list’ on Thursday by the Singapore Exchange (SGX) relating to the Minimum Trading Price (MTP) rule.
HPH Trust's deepwater ports kept up the momentum during the first nine months of the year, with throughput rising 8% to 18.1m teu compared to the previous corresponding period.
Cosco Corporation (Singapore) Limited has changed its name to Cosco Shipping International (Singapore) Co effective 20 April to reflect the organisational reform of its parent firm, China Cosco Shipping Corporation Limited (Cosco Shipping).
HNA Holding Group (HNA) will make a voluntary general cash offer to acquire all the issued and paid-up ordinary shares of CWT Limited in a deal valued at approximately SGD1.4bn ($994.8m).
Italian shipbuilder Fincantieri is looking to take Singapore-listed offshore vessel building arm Vard private.
Shares in Singapore offshore vessel owner Vallianz were hammered by investors on Thursday morning in the wake of the collapse of Swiber.
Otto Marine has appointed an independent financial advisor, Stirling Coleman Capital Limited, to advise the company on an acquisition offer and delisting from the stock exchange.