Industry Sectors:Offshore

Offshore

Qatar Navigation (Milaha) has announced net profits of QR 236mn for the first quarter of 2017, compared to QR 352mn for the same period in 2016. 
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…
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