The Maritime and Port Authority of Singapore (MPA) has introduced a new incentive that will see qualifying Singapore-listed maritime firms benefiting from a maximum of SGD50,000 ($37,000) to help with the production of a ‘Sustainability Report’.
Singapore shipping trust Rickmers Maritime reported a second quarter loss of $55.6m, and is looking at laying-up vessels as panamax rates worsen.
The Singapore Exchange (SGX) is making a GBP77.6m ($103.49m) all cash bid for the Baltic Exchange following over two months of exclusive discussions.
Dry bulk shipowner Courage Marine has proposed to convert its listing status on the main board of Singapore Exchange (SGX) from a primary listing to a secondary listing, while maintaining its primary listing status on the Hong Kong Stock Exchange ...
Singapore offshore player Vallianz claims business is continuing as usual after its largest shareholder Swiber Holdings filed for liquidation overnight.
Singapore-listed offshore firms moved to distance themselves from the collapse of Swiber on Thursday saying they were in different sectors.