The company said it was clear that the effects of the coronavirus pandemic on its 2020 financial performance would be material

The new political leaders covering the maritime remit in Singapore must have the necessary insight and leadership skills for these tough times 

The management has taken pay cuts, ranging from 5% to 15%, led by chief executive Wong Weng Sun, who has volunteered a 50% pay cut. Activity is gradually resuming

Relaxation of restrictions follows negotiations between local shipping community and the government because the previous exemption was deemed insufficient to meet the demand for crew changes at the Asian maritime hub

Beijing’s push for liquefied natural gas conversions on river boats has been met with several setbacks, including the lack of LNG fuelling infrastructure and standards for LNG-powered ships

The 55,989 dwt vessel was ballasting from India to South Africa for bunkers when a “minor issue” with the main engine was detected

SembMarine has warned that the effects of the coronavirus backdrop as well as low oil prices on future projects’ final investment decisions will continue to adversely affect new orders

The fire is now reported to be under control, but not yet fully extinguished and firefighters cannot yet go on board to check if there are any more survivors

Keppel’s six shipyards in Singapore remain operational albeit with reduced headcounts, while all its yards overseas except those in the Philippines are also operating