Sembcorp turns to red in 1H [Shipbuilding]
Sembcorp Marine of Singapore announced that its profitability weakened while revenue rising in 2Q. Its Q2 revenue recorded yoy 151% growth at SGD1.627bn, while net loss widens from Q2 2017’s net profit SGD5.1m to SGD55.6m. The company said t...
2018-07-26 07:11:38
Keppel O&M saw weak 1H result [Shipbuilding]
Singapore Keppel Corporation said that its Q2 2018 net profit reached SGD246m, which is yoy 44% increase. Its 1H net profit also enjoyed yoy 38% increase at SGD583m. On the other hand, Keppel Offshore & Marine (Keppel O&M) recorded SGD...
2018-07-26 07:09:38
KR paves the way to autonomous navigation [Shipbuilding]
The Korean Register of Shipping (KR) commenced research on ‘condition-based maintenance system for autonomous vessel’ with Hyundai Ocean Service, toogram systems, T1 Information Technology, and the Korea Institute of Marine Science & Tech...
2018-07-26 07:09:01
Hyundai Mipo reached tentative agreement [General]
The labor and the management of Hyundai Mipo Dockyard (HMD) have reached a tentative agreement for this year’s collective negotiation. In the 18th round of negotiations held on July 24, the labor and management agreed to ▲freeze the basic ...
2018-07-26 07:08:33
Wenchong tipped for 16 boxships [Shipbuilding]
CSSC-affiliated Guangzhou Wenchong Shipyard is tipped for a massive feeder deal, it is said. According to foreign media and industry sources including Splash and Braemar ACM, the yard is now the most prominent candidate for Wan Hai Lines’ 8+...
2018-07-26 07:08:04
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