ships
Nam Cheong sells two offshore support vessels for US$36.7 million
Net proceeds will fund the group’s shipbuilding activities, including fleet expansion
Greek, Indian tankers U-turn before Hormuz amid reopening doubt
[SINGAPORE] Several oil tankers have u-turned in the Persian Gulf after appearing to try to transit the Strait of Hormuz, as shipowners and oil traders remain in a state of disarray as they try to fig...
Shipowners eye Hormuz ceasefire window for 800 trapped vessels
The near-closure of the vital waterway for weeks has created an unprecedented global energy supply crunch
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
Thai cargo ship hit near Strait of Hormuz, 20 crewmen rescued
Efforts are under way to recover the remaining three crew
Nam Cheong secures US$64.5 million shipbuilding contract, its first in over a decade
The company will build four offshore support vessels for a UAE energy firm
Seatrium targets over S$50 million in savings through asset divestments
This follows a series of transactions involving shipyards, tugboats and equipment across Singapore and Indonesia
The ships moving global trade are going electric
With each passing year, batteries get cheaper, lighter and more powerful
US forces board second sanctioned oil tanker in Indian Ocean
THE US military boarded an oil tanker in the Indian Ocean after tracking the vessel for thousands of miles, saying it tried to circumvent President Donald Trump’s energy blockade in the Caribbean agai...