construction

SINGAPORE (Dec 8): Mermaid Maritime has entered into a mutual agreement with China Merchants Industry Holdings to terminate their construction contract for a dive support and construction vessel in light of the challenging oil and gas market.

SINGAPORE (Nov 24): Prefabricated steel reinforcement specialist, BRC Asia, has reported earnings of $8.3 million for FY16, a 46% decrease from the $15.4 million earnings seen in FY15.

SINGAPORE (Nov 8): OKP Holdings, the infrastructure and civil engineering company, has posted $2 million of earnings for 3Q16, double the $1 million of net profit recorded in the previous year.   

SINGAPORE (Nov 8): Chip Eng Seng has posted a 57.9% decline in earnings to $5.7 million in 3Q as compared to $13.6 million a year ago.  

SINGAPORE (Nov 2): Singapore contractor Tiong Seng Holdings posted a fall in earnings for 3Q16 to $1.88 million, 30% down from $2.67 million in the same period the year before.

SINGAPORE (Oct 25): Donald Trump may have been vocal about his negative stance on China, yet UOB Kay Hian cautions that the less-vocal Hillary Clinton could be just as bad.

SINGAPORE (Oct 14): Singapore’s economy expanded by 0.6% in 2Q16 from a year ago, based on advance estimates by the Ministry of Trade and Industry (MTI), easing significantly from the 2% growth registered in the previous quarter.

SINGAPORE (Oct 13): Engineering, real estate and infrastructure group TEE International, together with its subsidiaries and associated companies, was awarded $48 million worth of new engineering contracts, bringing the group’s total unfulfilled order bo

SINGAPORE (Oct 7): Federal International (2000), says its 20.66%-owned associate, PT Gunanusa Utama Fabricators (PTG), has received confirmation from PTTEP International to proceed with Lot 2 of the Zawtika Development Project Phase 1C in Myanmar.

SINGAPORE (Sept 22): Vard Holdings says it has secured a contract worth close to US$40 million ($54.5 million) for the design and construction of two additional module carrier vessels on behalf of Topaz Energy and Marine, an offshore support vessel compan