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Swiber Holdings
Kim Heng O&M acquires 3 AHTS vessels from Swiber for $13.3 mil
SINGAPORE (June 12): Kim Heng Offshore & Marine has acquired three 10,800 bhp Anchor Handling Tug/Supply (AHTS) vessels for a consideration of US$9.6 million ($13.3 million).
June 12, 2017
Rickmers Maritime becomes latest Singapore casualty of debt woes
SINGAPORE (April 12): Rickmers Maritime, the Singapore-listed trust that operates container ships, said it would be wound up as it has been unable to reach an agreement with its lenders to restructure debt or raise new equity.
April 12, 2017
In print this week
Will Ezra go the way of Swiber?
SINGAPORE (Feb 17): Local offshore services provider Ezra Holdings is struggling to stay afloat as it faces mounting debt, defaults and a winding-up petition.
February 17, 2017
Singapore defaults seen as bellwether for Asia distress in 2017
(Dec 28): Singapore’s commodities-related defaults could turn out to be the canary in the mine.
December 28, 2016
Yahoo! Guess which were the top business stories in 2016?
SINGAPORE (Dec 12): Yahoo has revealed the top search trends, happenings and events that Singapore’s Internet users were captivated by in its 2016 Year in Review (YIR).
December 12, 2016
Vallianz claims not linked to Swiber’s CAD investigations; business to ‘continue as normal’
SINGAPORE (Dec 7): Vallianz Holdings, the offshore support vessel provider, claims the group is not involved with the investigations against its independent non-executive directors Yeo Jeu Nam and Yeo Chee Neng, who hold positions at the company as direct
December 07, 2016
Stocks To Watch
Del Monte Pacific, Trendlines, Swiber, Spackman, Olam
SINGAPORE (Dec 7): Here are some factors and stocks that could move the market this Wednesday morning:
December 07, 2016
Swiber directors released on bail after CAD investigations
SINGAPORE (Dec 6): Swiber Holdings’ chairman Raymond Kim Goh and a number of the group’s directors were released on bail by the Commercial Affairs Department on Tuesday.
December 06, 2016
Singapore says private banks should reveal rebates on bond sales
SINGAPORE (Nov 22): Singapore’s central bank said that revised industry guidelines will ask private banks to disclose rebates they receive from selling new bond issues to clients prior to each transaction.
November 22, 2016
Swiber subsidiary to sell vessel for US$10.25 mil to repay DBS
SINGAPORE (Nov 22): Swiber Atlantis, a wholly-owned subsidiary of Swiber Holdings, has signed a memorandum of agreement (MOA) for the sale of its vessel known as Sea Horizon to WAG SPV I, LLC for US$10.25 million ($14.6 million).
November 22, 2016