MAINBOARD-LISTED ASL Marine has said that it will dispose of an inactive, loss-making indirect subsidiary in China, which was once involved shipbuilding, to raise working capital.

OFFSHORE and marine group Swiber Holdings, which is swimming its way to a rescue by New York-listed Seaspan Corp, has applied for more time to return its shares to action.

CATALIST-LISTED offshore support vessel (OSV) provider Vallianz Holdings fell deep into the red for the fiscal year ended March 31, with a net loss of US$128.2 million against a profit of US$16.7...

CATALIST-LISTED Vallianz Holdings and mainboard-listed USP Group have each warned that they expect net losses for the fiscal year ended March 31, 2019.

AN associate of mainboard-listed Mermaid Maritime has snagged a contract extension for a jack-up rig, but at "materially lower" day rates that were flagged by the company as a potential downer on...

A WHITE knight could be coming to the rescue of troubled offshore and marine group Ezion Holdings, which posted widening losses for the fourth quarter on Friday.

HEAVY equipment supplier Hoe Leong Corp has suffered a defeat in an overseas court case, it disclosed in a bourse announcement on Friday evening.

BT EXCLUSIVE

THE large number of ships transiting through Singapore creates demand for ship repair, conversion and upgrading services here, offering industry players some buffer against cyclical shipbuilding...

STRUGGLING offshore and marine group Pacific Radiance has been given an extension of moratoria on certain legal proceedings against the company, which were due to expire on Dec 11.

BT EXCLUSIVE

NOW that a large chunk of projects on Sembcorp Marine's multi-billion-dollar order book is under construction, its management is optimistic that the large-cap offshore and marine group may...