Cargo handling equipment manufacturer MacGregor is to lay-off around 10% of its workforce as it aims to save EUR13m annually.
The Singapore authorities are continuing their clampdown on errant bunker suppliers with Transocean Oil the latest to lose its bunker supplier and bunker craft licenses.
Underscoring Singapore's commitment to R&D in the maritime sector the Singapore Maritime Institute (SMI) and Nanyang Technological University (NTU) are launching a new SGD15m ($11m) research centre.
The Maritime & Port Authority of Singapore (MPA) and Shell Shipping and Maritime have signed a Memorandum of Understanding (MoU) on clean fuels, automation and digitalisation.
Singapore’s multi-purpose port Jurong Port has inked a Memorandum of Understanding (MoU) with Nanyang Technological University (NTU) to testbed energy solutions.
Singapore terminal operator PSA has set a Guinness World Record for the largest shipping container image.
Odfjell has sold its 50% stake in a Singapore tank terminal for $300m.
One of the best-known figures in Southeast Asian offshore marine sector Venkatraman Sheshashayee (Shesh), is standing down as ceo of Miclyn Express Offshore (MEO).