vessel
Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
[ad_1] The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer[SINGAPORE] Shares of Nam Cheong rose S$0.10 or 9.3 per cent in intraday trading to hit S$1.18 at...
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
[ad_1] The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025[SINGAPORE] Malaysian offshore support vessel builder Nam Cheong will sell a 4,000 deadweight...
End-buyer of Seatrium-Maersk vessel caught in Trump’s stop-work order
[ad_1] Empire Offshore Wind’s farm is set to use Seatrium’s wind vessel at centre of recent legal tussle with a Maersk unit[SINGAPORE] Seatrium said it is “closely monitoring” the Trump...
Vessel in Seatrium-Maersk settlement hit by Trump’s stop-work order on wind farms
[ad_1] [SINGAPORE] Seatrium said it is “closely monitoring” the Trump administration stop-work order issued to the end-customer of a U$475 million wind vessel job, noting that it can be redeployed...
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
[ad_1] [SINGAPORE] Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the latter to pay the balance of the contract...
U.S. forces stop a second merchant vessel off the coast of Venezuela, American officials say
[ad_1] U.S. forces on Saturday stopped a vessel off the coast of Venezuela for the second time in less than two weeks as President Donald Trump continues to ramp up...
Yangzijiang Maritime inks fresh vessel deals ahead of mainboard debut
[ad_1] It also signed letters of intent for joint ventures to build new tankers, bulk carriers [SINGAPORE] Yangzijiang Maritime Development signed contracts with a Marshall Islands-based shipowner for the sale...
Marco Polo Marine unit clinches NT$4.7 billion project for research vessel in largest contract win
[ad_1] The project marks the company’s strategic expansion into high-value, specialised vessel construction [SINGAPORE] Integrated marine logistics company Marco Polo Marine has secured a NT$4.7 billion (S$198 million) contact from...
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
[ad_1] The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind[SINGAPORE] Seatrium on Friday (Oct 10) announced that it had received a termination notice...
Gunman Pulls Up Boat and Opens Fire at Dockyard Restaurant Killing 3 and Leaving 8 Injured Before Fleeing on Vessel
[ad_1] A tragic scene unfolded on Saturday night in North Carolina when shots were fired from a passing boat into a packed waterfront restaurant, killing three people and leaving at...