In The News

Offshore & marine sector: five ways to identify bright spots

OIL prices declined but the Organization of Petroleum Exporting Countries (Opec) refused to cut its production. This contributed to further price falls. And the rout dealt further blows to stocks in the oil, gas and related sectors, including those listed on the Singapore Exchange.This is the script of the unfolding drama of oil price decline and its immediate impact on the offshore and marine...


Cosco posts 69% rise in Q3 earnings

SingaporeMAINBOARD listed Cosco Corporation (S) announced Q3 net profit of S$7.1 million, 69 per cent higher than the S$4.2 million it made during the same period last year.For the three months ended Sept 30, the shiprepair & marine engineering and shipping group saw its turnover increase 17 per cent to S$1.16 billion from S$989.4 million last year on the back of increases in shipyard and dry...


Secondary gas market to boost S'pore's LNG hub ambition

SingaporeSINGAPORE S wholesale electricity market operator, Energy Market Company (EMC), and gas industry regulator, Energy Market Authority (EMA), are tying up with industry players to develop a trading platform to facilitate a secondary gas market here.Currently, local buyers who sign gas contracts are locked into long term commitments, but their short term needs may differ, often resulting in...


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MTA2015, The Precision Engineering Industry Event

MTA2015 returns to Singapore Expo from 14 to 17 April, together with MetrologyAsia2015, to serve high-value industries and sectors such as Aerospace, Complex Equipment, Electronics, Energy, Medical Technology and Oil & Gas / Marine & Offshore Engineering. MTA2015 will present state-of-the-art technologies and cost effective solutions from around the world. MetrologyAsia2015 is an area dedicated to showcasing high-end metrology equipment. Visit www.mta-asia.com for more information.
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