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Marco Polo Marine
Rebound in Ezra seen to be fleeting amid oil industry woes
SINGAPORE (Sept 26): Ezra Holdings is leading a rebound among Singapore oil-services providers this month, after bearish bets pushed the company’s shares to all-time lows. The rally will be short-lived amid deepening financial distress in the industry,
September 26, 2016
Market Close
STI closes 0.4% higher at 2,856.95
SINGAPORE (Sept 22): Singapore stocks ended Friday and the week higher at 2,856.95, as a global stock rally associated with central bank policy decisions petered out and large-caps ended mixed, with many unchanged.
September 23, 2016
Stocks To Watch
Capitaland, Lum Chang, Cacola, Marco Polo
SINGAPORE (Sept 23): Here are some stocks that could move the market this Friday morning:
September 23, 2016
Singapore's rough week for shipping foreshadows challenging 2017
SINGAPORE (Sept 15): It has been a rough week for Singapore's shipping services industry and the going could get even tougher next year with record debt falling due.
September 15, 2016
Marco Polo Marine plans to delay payment on bonds in Singapore
SINGAPORE (Sept 9): A Singapore provider of barges and tugs for coal, steel scrap and iron ores plans to ask bondholders for approval to delay paying $50 million of securities due next month after appointing an external adviser to review its business.
September 14, 2016
Broker's Calls
No respite for besieged O&M sector
SINGAPORE (Aug 25): Daiwa has maintained its “negative” outlook for the Singapore Offshore & Marine sector, as it turns more bearish than the general consensus on earnings recovery prospects of the Singapore O&M counters.
August 25, 2016
Broker's Calls
Besides Otto Marine, CIMB parses who's next?
SINGAPORE (June 3): Following Otto Marine’s June 2 announcement that it might receive an acquisition offer from a yet-to-be-named party, CIMB has drawn up a list of other names in the offshore and marine space that will likely figure in various other co
June 03, 2016