ships
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...
Kuok Maritime Group’s PaxOcean opens S$200 million Jalan Samulun shipyard
It replaces PaxOcean’s previous location at 33 Tuas Crescent
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025