krogragg

Category: Singapore

  • Synergy promotes autonomous vegetable growing on ships

    Synergy promotes autonomous vegetable growing on ships Synergy Marine Group has become one of the first adopters of autonomous vegetable-growing technology onboard ships. A pioneering initiative, which also includes shipowners Eastern Pacific Shipping, Seaspan, Capital Shipping, and CoolCo, has utilised Agwa’s AI-directed cultivation devices with the aim to enhance sustainability and crew wellbeing, the Singapore-based…

  • Keppel takes control of 13 legacy rigs amid hot offshore market conditions

    Keppel takes control of 13 legacy rigs amid hot offshore market conditions Singapore conglomerate Keppel has taken control of the 13 legacy rigs held by Rigco Holding at a time of improved conditions in the offshore rig market. Keppel currently holds a 10% equity stake in Rigco, S$139m ($103.8m) in perpetual securities and approximately S$4.3bn…

  • Australia’s TCorp invests in Cyan Renewables 

    Australia’s TCorp invests in Cyan Renewables  Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp. The funding arm of Australia’s most populous state, New South Wales, said it had acquired an interest in Cyan with an initial investment of over $100m, with plans for further cash injections to support the Singapore-based…

  • Singapore court hands 17-year jail term to OK Lim 

    Singapore court hands 17-year jail term to OK Lim  Lim Oon Kuin, the founder of the defunct Singapore oil trader Hin Leong, was sentenced to 17-and-a-half years in prison for cheating top creditor HSBC and abetting forgery. The 82-year-old former oil trading and tanker tycoon, better known as OK Lim, faced three out of more…

  • PIL signs for more Hudong-Zhonghua boxships

    PIL signs for more Hudong-Zhonghua boxships Singapore’s Pacific International Lines (PIL) has returned to China’s Hudong-Zhonghua Shipbuilding for five LNG dual-fuel containerships. The company has contracted 9,000 teu vessels bringing its newbuilding campaign since 2022 to 18. In addition to being LNG-powered, the vessels will be able to switch to running on bio-methane, PIL said.…

  • MAC Shipping inks first newbuilds

    MAC Shipping inks first newbuilds Singapore’s MAC Shipping is expanding its fleet via a debut order for stainless steel chemical tanker newbuilds. The company has tapped China’s Jiangxi New Jiangzhou Shipbuilding Heavy Industry for four 25,900 dwt units costing $50m each, according to brokers, with deliveries starting in 2026. MAC Shipping was established in 2021,…