Industry Sectors:Offshore

Offshore

Keppel Offshore & Marine’s subsidiary Keppel FloaTEC LLC has secured a $40m contract from PTSC Mechanical & Construction (PTSC M&C), the service arm of PetroVietnam.
Singapore’s Sembcorp Marine has posted a 28.8% decrease in first quarter profit on the back of reduced revenue as the shipyard group operated in a challenging market environment.
Maritime industry leaders at the last day of Sea Asia 2017 today, said that there is still a lot of optimism and opportunity in the industry despite the current market…
The US shale production has been and will continue to be the “biggest disruptor” to activities for the offshore market, which is going through its “worst” period in history, according…
The sluggish offshore marine market may be seeing a fickle of light at the end of the current long, dark tunnel with activities picking up in some key offshore projects…
Excess capacity in shipping and offshore will not go away “in a hurry” due to the sectors having witnessing a prolonged period of having access to “too much cheap money”,…
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.
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