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...
Marco Polo Marine’s H2 net profit rises 74% to S$18.3 million
MARCO Polo Marine reported a net profit of S$18.3 million for its second half of the fiscal year ended Sep 30, 2023...
Marine and offshore industry sets course for decarbonisation
FROM shipbuilders to fuel suppliers, Singapore’s maritime industry is charting a course towards a low-carbon economy, in line with the Republic’s international...
Winds of change for oil-slump survivor Marco Polo Marine
AFTER enduring back-to-back slumps in the oil and gas sector from 2014 to the pandemic years, shipping firm Marco Polo Marine seems...
Marco Polo Marine Q3 gross profit up 47.2% to S$14.2 million
MARCO Polo Marine on Thursday (Aug 17) posted a 47.2 per cent rise in gross profit to S$14.2 million for the third...