Industry Sectors:Offshore

Offshore

The Singapore Shipping Association (SSA) is working towards boosting Singapore’s debt and equity markets with the launch of a Maritime Capital Forum later this year, as part of a wider…
Malaysian offshore vessel builder and owner Nam Cheong is the latest Singapore-listed offshore firm to seek restructuring.
A Singapore court has approved the application made by Swissco Holdings to be placed under judicial management after the debt-ridden OSV operator failed to receive support from its major lenders.
Malaysian energy shipping company MISC could see contributions from its floating production storage and offloading (FPSO) business rise by a third if the deals it is pursuing flow through, local…
The “very challenging conditions” of the offshore market has led to Keppel Offshore & Marine (Keppel O&M) posting a net loss for the first quarter ended 31 March 2017.
In further signs of optimism for the Malaysian oil and gas (O&G) industry, Malaysia Marine and Heavy Engineering Holdings (MMHE) has said it is aiming to secure some MYR4bn ($908.6m)…
Bankrupt Singapore offshore company Swiber Holdings has failed to redeem a SGD160m bond issue.
Daewoo Shipbuilding & Marine Engineering (DSME) has narrowly averted bankruptcy after bondholders and creditors agreed to a bailout scheme following a series of meetings positively concluded over the past two…
A subsidiary of EMAS Offshore Limited (EOL), owned by bankrupt Ezra Holdings, is facing a winding up threat after it received a statutory demand from China’s ICBC Financial Leasing for…
Wartsila has announced that it will supply the engines and other propulsion machinery for the world’s first LNG-fuelled offshore construction vessel currently under construction at a Cosco shipyard in China.
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