In The News

Maritime life of romance and adventure

AS A manager in the Group Commercial and Business Development Department for Singapore company Pacific Radiance, Mr Chia Yujin, 34, travels the globe in search of new business. The company owns and operates offshore vessels, such as platform supply vessels that transport goods and personnel to and from offshore oil platforms and other offshore structures. The new business might be joint ventures...


Teho buying local property firm ECG for $17m

OFFSHORE and marine company Teho International is buying local property firm ECG Property Services in a $17 million deal, giving the latter a listed vehicle for expansion. Teho executives told a briefing yesterday that it will fork out $5 million in cash for the acquisition, while the rest will be satisfied with 42.9 million shares at 28 cents apiece. This will effectively translate into an 18...


Singapore ship registry among world's top 10

THE Singapore Registry of Ships (SRS) was established in 1966 and is recognised for its efficient services, high operational and pollution-control standards, and good safety record. It works to ensure that shipowners meet the stringent criteria that entitle their ships to fly the Singapore flag. The SRS is now managed by the Maritime and Port Authority of Singapore (MPA). Says an MPA spokesman:...


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Offshore Korea 2014

The 2nd Offshore Korea will be held in Busan, the offshore and shipbuilding city in Korea, from Nov. 12 (Wed) to Nov. 14 (Fri) 2014 .Korea, the largest offshore shipbuilding market and one of the biggest markets for those businesses of the offshore and shipbuilding equipment and materials, has large shipyards with their highest shipbuilding technologies.
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