The Business Times

Offshore & Marine

Companies & Markets

Seatrium rejects ‘wrongful termination’ of US$475 million contract, receives notice of arbitration

Even as the US wind market slows down, Aziz Merchant (pictured) of Seatrium still sees customers in Europe and Asia Pacific
Companies & Markets

Seatrium stays bullish on green bets despite axing of US$475 million wind project

Yangzijiang Shipbuilding shares fell sharply, in contrast to ASL Marine.
Companies & Markets
HOT STOCK

ASL Marine jumps 2.3% after share placement; Yangzijiang Shipbuilding falls 4.3% over port fees spat

An artist's impression of the vessel, when the project was announced in 2022.
Companies & Markets

Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%

The counter dropped S$0.19 to S$2.25 as at 9.39 am.
Companies & Markets
HOT STOCK

Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination

The MOU paves the way for a long-term partnership with CSL to support regional energy transition and offshore development, Seatrium said.
Companies & Markets

Seatrium unit inks MOU with India shipbuilder to strengthen offshore cooperation

Marco Polo Marine describes the move as a “strategic initiative to strengthen its position” in the growing offshore wind energy market.
Companies & Markets

Marco Polo Marine subsidiary PKR Offshore aims for Taiwan listing in 2026

Dr Chia Boon Tat, Chief Technology Officer, Mencast Marine with one of their bronze alloy propellers, produced through sand casting
Companies & Markets

AI and additive manufacturing – a game changer for Mencast Marine

Nam Cheong has 21 vessels under long-term charter, or 56.8 per cent of its total fleet.
Companies & Markets

Nam Cheong bags RM317.1 million in regional vessel charter deals

Offshore wind is an area where Singapore marine and offshore energy companies could proliferate in future under the plan.
Singapore

Asmi launches plan to establish Singapore as green maritime and offshore hub

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