THE Batam-based unit of Marco Polo Marine has been given the approval to place itself under a Penundaan Kewajiban Pembayaran Utang (PKPU) suspension of debt payment.

CH Offshore this year granted a US$4.1 million loan to Falcon Energy Group to help the offshore oil and gas contractor meet its payment obligations to its banks - largely because Falcon Energy had...

MARCO Polo Marine has obtained the go-ahead from the Singapore High Court for its restructuring plan.

BT EXCLUSIVE

MARKETS were taken by surprise early last week when DBS Group Holdings unveiled a decisive move to clean up its exposure to troubled borrowers in the oil-and-gas sector.

SEMBCORP Marine has embarked on an industry-government collaboration to develop disruptive applications in drone, additive manufacturing (3D printing) and digital twin technologies that can...

SINGAPORE MARITIME WEEK

THE troubled maritime, offshore and engineering sector, faced with mounting problems accessing bank financing and the public equity market, may have to fall back on private equity (PE) with deep...

NAM Cheong is "confident" that it can restructure its existing obligations to remain a going concern, the builder of offshore support vessels said on Friday in response to queries from the...

NAM Cheong is "confident" that it can restructure its existing obligations to remain a going concern, the builder of offshore support vessels said on Friday in response to queries from the...