shipyards

SINGAPORE (Dec 6): CIMB is upgrading the Singapore offshore and marine sector to “neutral” citing anticipated gradual uptick in crude oil prices in 2017 and the Singapore government schemes to alleviate working capital and capex needs of small players

SINGAPORE (Dec 2): UOB Kay Hian has upgraded its rating on Singapore’s oil and gas (O&G) sector to “market weight” for both its offshore marine and shipyard segments, following the Organization of the Petroleum Exporting Countries’ (OPEC) announce

SINGAPORE (Nov 22): Pacific Radiance’s 50%-owned joint venture (JV) company, CA Offshore Investment (CAOI), on Nov 18 issued two notices for arbitration in Hong Kong against Chinese shipyards Shanghai Waigaoqiao Shipbuilding & Offshore as well as China

SINGAPORE (Nov 17): There were no major surprises for UOB Kay Hian in 3Q16. According to the research house, 65% of the stocks under its coverage reported financial results came in line with their expectations.

SINGAPORE (Nov 11): Cosco Corporation (Singapore) saw 3Q net loss widened 25% to $102.3 million from the net loss of $82.1 million a year ago.

SINGAPORE (Aug 11): UOB Kay Hian is downgrading Singapore shipyards to “underweight” as orders are put on hold, aborted or delayed amid the low oil price environment.