Energy & Offshore
Nam Cheong profits up 17.4% yoy on vessel sales
Nam Cheong Limited, a leading Malaysian Offshore Support Vessel (OSV) provider, has announced a significant rise in its profit attributable to owners of the parent...
Beng Kuang declares ASOM takeover for S$60M
Beng Kuang Group has announced its intention to acquire full ownership of its subsidiary, ASOM, through a S$60m acquisition. ASOM, which specialises in high-value, mission-critical...
HDI Global appoints Haris Michaels to lead energy and power in Singapore
Haris Michaels has been appointed as the new head of Energy & Power Eastern Region at HDI Global's Singapore branch, effective 1 March. This strategic...
Hitachi and SIT tackle rising data center energy demands
Hitachi has partnered with the Singapore Institute of Technology (SIT) to create a pioneering Hybrid AC/DC Rack-Level Power Distribution Testbed for data centres. This initiative,...
Nam Cheong clinches US$64.5m shipbuilding deals
Nam Cheong Limited, a leading offshore support vessel provider based in Sarawak, Malaysia, has announced the acquisition of shipbuilding contracts valued at US$64.5m. The contracts,...
Seatrium divests non-core assets to save S$50m
Seatrium Limited has announced plans to achieve over S$50m in operational cost savings by early 2026 through a series of non-core asset divestments. The Singapore-based...
Oiltek secures new contracts worth RM37.2m across global markets
Oiltek International Limited has announced the acquisition of new contracts valued at RM37.2m across several global markets, including the Philippines, Africa, Pakistan, and Malaysia. These...
CSE Global’s record order surge to S$1b in FY2025
CSE Global Limited, a global systems integrator, announced a record S$1b in new orders for the financial year 2025, marking a 28.3% increase from the...
Marco Polo Marine revenue soars on ship chartering surge
Marco Polo Marine has announced a robust start to its financial year 2026, reporting a 27% increase in revenue to S$32.8m for the first quarter....
Sheffield Green quadruples net profit in H1 2026
Sheffield Green has announced a 36% increase in revenue for the first half of 2026, attributed to heightened demand for its human resource services from...
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