offshore and marine (O&M) sector

Offshore & Marine

Samudera Shipping navigates market volatility with higher productivity, efficiency

Amid the uncertain global situation and freight rates, CEO Bani believes that FY2024 will continue to be a “dynamic year”.

Company in the news

Beng Kuang Marine enters definitive agreement to sell 31% of its Batam shipyard

The offshore and marine company says that it has received a down payment for the sales on Aug 9.

Offshore & Marine

Marco Polo hitches to wind farms for new growth; eyes more shipbuilding jobs

It’s upwards and onwards for Marco Polo Marine.
Marco Polo Marine sees y-o-y growth in revenue and gross profit in 1QFY2021; 'cautiously optimistic' of prospects  - THE EDGE SINGAPORE

Results

Marco Polo Marine sees y-o-y growth in revenue and gross profit in 1QFY2021; 'cautiously optimistic' of prospects

Integrated marine logistics company Marco Polo Marine has recorded a y-o-y improvement in its 1QFY2022 ended Dec 31 2021.
SembMarine and other companies complete pioneering 3D printing project - THE EDGE SINGAPORE

Offshore & Marine

SembMarine and other companies complete pioneering 3D printing project

The pioneering project began in February with the fabrication and lab-testing of functional additive manufacturing parts.
Don’t expect 'eye-catching' 3Q business updates from Keppel, Sembmarine: UOBKH - THE EDGE SINGAPORE

Broker's Calls

Don’t expect 'eye-catching' 3Q business updates from Keppel, Sembmarine: UOBKH

The O&M sector is likely to continue as oil demand could stay weak in the face of more Covid-19 infections.

Results

Keppel Corp posts 20.9% fall in 1Q earnings to $160.5 mil, braces for 'difficult operating environment' ahead

Keppel CEO Loh Chin Hua says that the group’s businesses have inevitably been affected by a myriad of factors - including the fall in global economic activity, lockdowns in various countries and disruptions to the workforce and supply chains.

Offshore & Marine

Singapore O&M sector should see further consolidation: KGI

The offshore and marine (O&M) sector has struggled with a string of macroeconomic uncertainties related to the US-China trade tensions and Brexit, but these have since been overshadowed by the Covid-19 outbreak. KGI analyst Joel Ng iden

Offshore & Marine

Interra Resources enjoys topline lift from higher oil prices; cost control remains key

Commodity producers like Interra Resources have to accept market prices for their production, but they do have a bigger control over their own costs, and that is what CEO Marcel Tjia is focused very much on.
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