In The News

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...


Sembmarine's US$696m deal seen as timely

SingaporeSEMBCORP Marine s announcement of a new contract secured this week could not have come at a better time as the rigbuilder s stock has been taking a beating due to low oil prices, doubts over the timely delivery of a drillship and sluggish contract wins.Sembmarine confirmed this week that its wholly owned subsidiary, Jurong Shipyard, had won a US$696 million deal to convert a shuttle...


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OSEA 2014 : The 20th International Oil & Gas Industry Exhibition

Asia’s leading business event for the oil and gas industry will return to the Marina Bay Sands Singapore from 2 to 5 December 2014. OSEA brings together industry professionals to tackle pertinent concerns of the oil and gas industry in the region, from the changing market trends and expectations, to new business potential and the running of its daily operations. With 19 successful showings under the belt, the event has evolved to meet the increasing demand for more sophisticated technologies and solutions from companies; anchoring its position as the eminent sourcing and networking platform for today’s industry. Please visit www.osea-asia.com for more information.
 

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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