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offshore and marine (O&M) sector
Company in the news
Beng Kuang Marine enters definitive agreement to sell 31% of its Batam shipyard
The offshore and marine company says that it has received a down payment for the sales on Aug 9.
August 16, 2023
Offshore & Marine
Marco Polo hitches to wind farms for new growth; eyes more shipbuilding jobs
It’s upwards and onwards for Marco Polo Marine.
February 03, 2023
Results
Marco Polo Marine sees y-o-y growth in revenue and gross profit in 1QFY2021; 'cautiously optimistic' of prospects
Integrated marine logistics company Marco Polo Marine has recorded a y-o-y improvement in its 1QFY2022 ended Dec 31 2021.
February 21, 2022
Offshore & Marine
SembMarine and other companies complete pioneering 3D printing project
The pioneering project began in February with the fabrication and lab-testing of functional additive manufacturing parts.
November 24, 2021
Broker's Calls
Don’t expect 'eye-catching' 3Q business updates from Keppel, Sembmarine: UOBKH
The O&M sector is likely to continue as oil demand could stay weak in the face of more Covid-19 infections.
October 29, 2020
Broker's Calls
RHB shrugs off prolonged O&M downturn, keeps ‘buy’ on Keppel, Sembcorp, Sembmarine
Of the three, Keppel is RHB's top pick.
July 08, 2020
Results
Keppel Corp posts 20.9% fall in 1Q earnings to $160.5 mil, braces for 'difficult operating environment' ahead
Keppel CEO Loh Chin Hua says that the group’s businesses have inevitably been affected by a myriad of factors - including the fall in global economic activity, lockdowns in various countries and disruptions to the workforce and supply chains.
April 29, 2020
Offshore & Marine
Singapore O&M sector should see further consolidation: KGI
The offshore and marine (O&M) sector has struggled with a string of macroeconomic uncertainties related to the US-China trade tensions and Brexit, but these have since been overshadowed by the Covid-19 outbreak. KGI analyst Joel Ng iden
March 06, 2020
Offshore & Marine
Interra Resources enjoys topline lift from higher oil prices; cost control remains key
Commodity producers like Interra Resources have to accept market prices for their production, but they do have a bigger control over their own costs, and that is what CEO Marcel Tjia is focused very much on.
March 06, 2020
Commodities
Despite slow recovery, some locally listed O&M players outperform STI
SINGAPORE (Dec 2): Year to date, the Straits Times Index has climbed 4.8% to close at 3,215.53 points on Nov 27. But more than a handful of the locally listed companies that operate across the oil and gas (O&G) value chain have outperformed the benchmark
November 29, 2019