Marco Polo Marine posts 159.4% rise in H1 profit to S$11 million on higher charter rates
MARCO Polo Marine on Monday (May 13) posted a 159.4 per cent rise in net profit for the first half of FY2024...
Seatrium CEO urges investors to stay the course as company tackles ‘energy trilemma’
SHAREHOLDERS of Seatrium – a company formed after a mega-merger between Keppel Offshore & Marine (Keppel O&M) and Sembcorp Marine (Sembmarine) –...
Hot stock: Marco Polo Marine up as much as 6.8% after Maybank initiates coverage with ‘buy’ call
SHARES of Marco Polo Marine rose on Thursday (Mar 21) morning after Maybank Securities initiated coverage on the stock with a “buy”...
Broker’s take: Lim & Tan initiates Dyna-Mac with ‘buy’, S$0.45 target price
LIM & Tan Securities initiated coverage on offshore oil and gas contractor Dyna-Mac with a “buy” call and target price of S$0.45...
Hot stock: Seatrium falls as much as 11.2% amid heavy trading
SHARES of mainboard-listed Seatrium lost as much as 11.2 per cent on Monday (Mar 18), extending two days of losses.
Singapore to tighten foreign worker quota, raise levies for marine and offshore engineering
TO REDUCE the marine and offshore engineering sector’s dependency on foreign workers and spur productivity, the sector’s dependency ratio ceiling (DRC) will...
Seatrium consortium to build third offshore wind project for Dutch electrical transmission operator
SEATRIUM and its consortium partner GE Vernova will build the third offshore wind project for TenneT, the national electricity transmission system operator...
Marco Polo Marine Q1 gross profit rises 75.8% to S$11.6 million
MAINBOARD-LISTED Marco Polo Marine has posted a 75.8 per cent increase in its gross profit to S$11.6 million for the first quarter...
Last hurrah from Keppel’s former O&M business
KEPPEL’s chief Loh Chin Hua was bent on focusing on the fruits of the company’s labour in recent years to remake itself...
Seatrium’s profit warning has a silver lining
PROFIT warnings are never good news for investors. Yet, there is a positive aspect to Seatrium’s announcement last week that it will...