A comprehensive listing of companies concerned with shipping, bunkers/supplies, freight forwarding, maritime and supporting industries.



IMO celebrates 70 years of regulating sector

TUESDAY last week was 70 years to the day since the treaty establishing what is now the United Nations International Maritime Organization (IMO) was adopted. To mark the occasion, Queen Elizabeth II attended a celebration at IMO headquarters in London. Accompanied by IMO secretary-general Kitack Lim, the Queen unveiled a commemorative plaque and cut an anniversary cake. She also met some of the guests ...more

Navigating a changing shipping industry

Roundtable participants:

- Venkatraman Sheshashayee, CEO, Miclyn Express Offshore, Singapore - Hassan Basma, Founder and CEO, HBA Offshore, Singapore - Murali Pany, Managing Partner, Joseph Tan Jude Benny LLP, Singapore - Michael P. Elwert, Group CEO, Elektrans GroupModerator: Francis KanThe Business Times

The Business Times: What are the key challenges ahead for ship owners ...more

Maritime industry gets S$100m more to push for automated, digital future


THE Maritime and Port Authority of Singapore (MPA) will pump another S$100 million into the Maritime Cluster Fund (MCF) to help the industry test and embrace new technologies, and groom talent for a digital, automated maritime future.

Senior Minister of State for Transport Lam Pin Min said at the Committee of Supply debate for his ministry on Wednesday that the MCF is expected ...more

Digital game changer for maritime industry


- KD Adamson, Futurist & Chief Executive Officer, Futurenautics Group, UK - Mohit Batra, Regional Director - Commercial Shipping, Eniram Singapore - Morten Lind-Olsen, Chief Executive Officer, Dualog, Norway - Kenneth Lim, Chief Technology Officer, Maritime Port Authority, Singapore - Michael Montoya, Chief Cybersecurity Officer, Enterprise Cybersecurity Group, ...more

Port automation imperative for Singapore: Kalmar


AUTOMATION is not a matter of choice for the Singapore port - it is an imperative if the port nation wants to continue to draw large box ships and major shipping lines to its shores, says a leading port equipment supplier.

Kalmar's senior vice-president of APAC Peter Mclean tells The Business Times that with automation, a port gains consistency in its service standards ...more

Keppel set to land US$425m rig-building deal


THE offshore and marine arm of Keppel Corporation has won a letter of intent (LOI) for potentially the first rig-building project to be awarded during this protracted offshore and marine (O&M) downturn.

Keppel O&M's subsidiary Keppel Fels has signed an LOI with Awilco Drilling Plc for the construction of a harsh-environment semi-submersible rig and an option to build up ...more

Marine, offshore engineering blueprint unveiled

Singapore's marine and offshore engineering industry has been under pressure in recent years, but a plan unveiled yesterday charts a way for it to remain an economic force. Its industry transformation road map aims to generate about $5.8 billion of value-add and create 1,500 jobs by 2025.

The ambitious plan drawn up by a multi-agency team led by the Economic Development Board tackles a range ...more

Two maritime cadet training programmes to receive S$12.6m in 3-year funding


THE SkillsFuture Singapore (SSG), Maritime and Port Authority of Singapore (MPA) and Singapore Maritime Officers' Union (SMOU) are pumping S$12.6 million into two cadet training programmes as part of efforts to further develop talent in the maritime industry.

The three-year funding will go towards the Tripartite Nautical and Engineering Training Award (TNTA and TETA) programmes.

The ...more

Vallianz posts 26.2% boost in Q3 on higher operating profits


HIGHER operating profits helped boost third-quarter earnings at Vallianz Holdings by 26.2 per cent.

The offshore support vessel (OSV) owner and operator on Monday posted a net profit of US$5.9 million for the three months ended Dec 31, up on US$4.7 million in the same period a year earlier.

Earnings per share were unchanged at 0.13 US cent.

Vallianz told ...more

SLNG terminal has enough capacity to replace piped gas if necessary: CEO


SINGAPORE'S liquefied natural gas (LNG) terminal has completed a recent expansion and now has enough capacity to meet the city-state's total gas demand, even if it were to stop importing natural gas through pipes.

The five-year-old terminal is also retooling itself in various ways to serve the evolving LNG market, ahead of an anticipated take-off in LNG trading, bunkering, ...more

Timely push for maritime sector

The new road map to ready Singapore's maritime industry for the future comes with ambitious goals.

The Sea Transport Industry Transformation Map (ITM), launched last Friday, aims to grow the industry's value-add by $4.5 billion and create more than 5,000 good jobs by 2025.

It lays out specific initiatives for Singapore to become a global maritime hub for connectivity, innovation ...more

PSA posts 9.8% growth in global box throughput for 2017


GLOBAL port operator PSA International handled 9.8 per cent more containers across the world in 2017, boosted by brisk business both in Singapore and overseas.

Container throughput at its global port projects came in at 74.2 million twenty-foot equivalent units (TEUs).

Of this, its flagship PSA Singapore Terminals contributed 33.35 million TEUs - up 9 per cent from ...more

Port will tap tech, data to optimise ops

The future Tuas mega port will be an "efficient and intelligent" port that harnesses emerging technologies and data analytics to optimise operations, said the Maritime and Port Authority of Singapore (MPA).

These will include capabilities such as "just-in-time" vessel arrival applications and the upcoming Maritime Single Window, which will facilitate quicker port clearances.

And ...more

Shipping confidence high at turn of year

THE year 2017 will not go down as being particularly memorable for the shipping industry. It was neither awful nor especially good.

Nevertheless, the sentiment within shipping was, apparently, optimistic in the six months to the end of November, said the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.

The firm's shipping and transport ...more