Imtech Marine News


Sembcorp Marine Outlook Subdued on Q1 Profit Slump

Apr 25, 2018

Singaporean rig builder Sembcorp Marine Ltd said on Wednesday first-quarter profit fell 86 percent, and signaled a subdued outlook for orders and business volumes.Sembcorp Marine said profit came in at S$5.3 million ($4 million) for the three-month period ended March…

Four Bunker Barges Seized in Singapore over Unpaid Debt

Apr 05, 2018

Singapore law firm asks for vessels to be arrested; bunker barges owned by Vermont UM Shipping. Four marine refuelling barges owned and operated by Vermont UM Shipping Pte Ltd were seized in Singapore on Monday night, according to the website of Singapore's Supreme Court…

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