Maritime
‘No definitive decision’ made for YZJ Maritime to pursue capital market activities in Hong Kong: CEO
Yangzijiang Shipbuilding also says it has no plans for equity fundraising transactions outside Singapore
Yangzijiang Shipbuilding bags US$980 million in vessel contracts in Q1
The group’s outstanding order book stands at about US$22.8 billion
Singapore-based Ocean Network Express to buy 30% stake in Hutchison’s Thai port
The Singapore-based company sees Thailand as a ‘key strategic market’
Cornering the market? Charter yacht operators fear price hikes if SUTL acquires Marina at Keppel Bay
They say proposed purchase will leave them with no practical alternatives for berthing to serve popular charter route
Iran tells UN: ‘non-hostile’ ships can transit Strait of Hormuz
The war has all but halted shipments of about one-fifth of the world’s oil and LNG through the strait
Swiss company Endress+Hauser launches tech and calibration centre in Singapore – its first in Asia
It plans to invest 10% of revenue annually in developing new products and technology
Singapore sea freight companies hit with 50% fuel surcharge; war insurance premium also jacking up costs
One firm had to reroute cargo of used car parts to Dubai via India, raising the shipping cost five times

UK High Court rejects appeal on US$832.2 million case against Yangzijiang Shipbuilding units
The court also refuses the claimants’ application for permission to appeal further
Institutional outflows persist as buybacks sustain and insiders accumulate
[SINGAPORE] For the five trading sessions spanning Mar 6 to 12, institutions were net sellers of Singapore stocks, with net institutional outflow of S$156 million. This took the accumulated net outflo...
No significant changes in vessel arrivals; Singapore has adequate marine fuel, says MPA
The authority’s responses are to queries on pre-emptive actions it is taking to address possible congestion, shortages