03 February 12 | The Straits Times
A NEW fleet of six boats, costing $19 million, will now patrol the waters in Singapore's ports and help tackle oil spills and other emergencies. Commissioned by the Maritime and Port Authority (MPA) and built in Taiwan, they replace another six-craft fleet in use in the past five years. Mr Lam Yi Young, MPA's chief executive, said at an unveiling ceremony yesterday at Marina South Pier that...
30 January 12 | The Business Times by Teh Shi Ning
SBI Offshore has secured US$30 million worth of new orders less than a month into the new year. These orders, which include ones from major rig builders in Asia and leading international drilling contractors, are expected to boost SBI's financial performance both this year and next, the group said over the weekend. Its order book as at Jan 27 stands at US$36.1 million, close to six times its...
27 January 12 | The Business Times by Kelly Tay
MAINBOARD-LISTED marine logistics firm Ezion Holdings yesterday revealed that it has secured a US$93.5 million charter contract to deploy a service rig in North America. The announcement saw investors rallying behind the counter, with Ezion shares jumping as much as 3.5 cents to 76 cents per share during yesterday's trade, before closing two cents or 2.8 per cent higher at 74.5 cents per share....