Shipping & Marine
Nam Cheong sells first newbuild vessel in over a decade
Nam Cheong Limited has announced the sale of two offshore support vessels (OSVs) for US$36.7m, marking its first newbuild sale in over a decade. The...
PSA Singapore strengthens global maritime operations with Motorola partnership
PSA Singapore has partnered with Motorola Solutions to implement advanced TETRA digital radio communications, aiming to enhance safety and operational efficiency at the Tuas Mega...
Singapore launches OCEANS-X to advance maritime digital connectivity
Singapore has introduced OCEANS-X, a cutting-edge data and Application Programming Interface (API) exchange platform, developed by the Maritime and Port Authority of Singapore (MPA). This...
Singapore maritime sector accelerates AI adoption
The Maritime and Port Authority of Singapore (MPA) and the Singapore Shipping Association (SSA) have signed a Memorandum of Understanding (MOU) to accelerate the adoption...
Yangzijiang Maritime clinches $89.8m vessel deals
Yangzijiang Maritime Development Ltd. has announced the successful securing of leasing agreements for 13 vessels, including 12 oil, chemical, and product tankers, and one anchor...
Seatrium secures major Royal Caribbean projects
Seatrium Limited has announced a renewed multi-year agreement with Royal Caribbean Group, reinforcing a partnership that began in 2012. This collaboration highlights Seatrium's prowess in...
Marco Polo Marine subsidiary secures 15-year contract in Taiwan
Marco Polo Marine's subsidiary, PKRO, has secured a significant 15-year charter contract with Taiwan's Marine Port Bureau, valued at NT$2.948b (approximately S$118m). This contract, which...
Yangzijiang invests $825.7m in Poseidon stake
Yangzijiang Shipbuilding (Holdings) Ltd. has announced its acquisition of a 10% equity interest in Poseidon Corp. through agreements with affiliates of Fairfax Financial Holdings and...
MPA targets maritime innovation amid global uncertainty
The Maritime and Port Authority of Singapore (MPA) has announced the development of the Maritime Singapore Master Plan, set for release in 2027, to enhance...
Marco Polo Marine boosts Q1 revenue by 27%
Marco Polo Marine has reported a significant increase in its financial performance for the first quarter of 2026, with revenue reaching S$32.8m, marking a 27%...
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