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CATEGORY

Companies

Seaspan and Anglo-Eastern team up on procurement

Containership owner Seaspan Corp and ship manager Anglo-Eastern Univan Group have announced a new procurement joint venture based in Singapore. The new venture named Sea...

Shadowcat announces new Launch and Recovery Craft concept

Support yacht developer Shadowcat, and designer Triton Submarines, have announced a new commercial Launch and Recovery (LARC) concept, named Shadowlark Pro. The Shadowlark Pro was...

Yangzijiang shareholders ok spin-off of investment arm

Following approval, the spin-off will be listed in SGX. Shareholders of Yangzijiang Shipbuilding have approved the proposed spin-off of its investment segment. The approval was disclosed...

DSV upgrades expectations for 2022 after “a strong set of results” in first quarter

Following a doubled profit in Q1, DSV upgrades its full-year guidance to DKK 21-23bn (USD 3.1-3.4bn). Outlook of declining economic growth may become a...

Brunswick to acquire portfolio of US marine assets

Brunswick Corporation has announced it has reached an agreement to acquire a portfolio of marine assets in the Southeast United States. The transaction includes the...

Amazon Plans to Invest $1 Billion in Logistics and Robotics Companies

Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to...

Keppel O&M and Sembcorp Marine Join Up in Offshore-Yard Megamerger

Singaporean industrial conglomerates Keppel Corporation and Sembcorp have signed an agreement to merge their offshore shipyard divisions, Keppel O&M and Sembcorp Marine.Keppel's shareholders will...

Carriers on course for a $300bn profit as Maersk hikes guidance by $6bn

Ocean carriers are set to smash all previous earnings records in the first quarter, and are on course for colossal full-year profits of $300bn...

Hapag-Lloyd to roll-out IoT container monitoring

Global shipping line Hapag-Lloyd has agreed a deal with ORBCOMM to implement its telematics technology to provide end-to-end visibility of Hapag-Lloyd’s fleet of dry...

Yangzijiang spin-off to make STI Index debut on April 28

The spin-off will have the same investable weight as Yangzijiang Shipbuilding. Yangziiang Shipbuilding's spin-off, Yangzijiang Financial Holding (YZJFH), will make its debut in the STI...
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