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COSCO Corporation (Singapore)
Limited:
COSCO bags contract worth over
US$41m.The Board of
Directors of COSCO Corporation (Singapore) Limited announced that
COSCO (Guangdong) Shipyard Co., Ltd has secured a contract from a
European company to build the two bulk carriers of 35,500 dwt each
will be built.
The total contract value for the
two bulk carriers is over US$41 million. Both vessels are scheduled
for delivery in the second half of 2014.
Olam
International Ltd:
Singapore's
Olam International Ltd rose 3 %, after hitting a 3.5 year low on
Wednesday, as analysts said the commodity trader's detailed defence
against allegations from short-seller Muddy Waters was largely
satisfactory.
SembMarine
wins US$806m deal
SembCorp
Marine Ltd, through its Jurong Offshore Pte Ltd's wholly-owned
subsidiary, has secured a drillship contract worth US$806.4 million
from Sete Brazil Participators SA (Sete Brasil).
The
contract will be for the design and construction of a drillship based
on Jurong Shipyard's proprietary Jurong Espadon drillship design, it
said Thursday.
The
unit is scheduled for delivery no later than the third quarter of
2016.
This
is the seventh unit of a series of drillships secured by the group
since February 2012, Sembcorp Marine said.
KTL
Global Ltd:
It
has received orders worth around US$9.3 million (S$11.3 million) from
two subsidiaries of Ezra Holdings Ltd.
It
will be supplying US$3.2 million worth of mooring chains and
accessories under the first order from EMAS Offshore Construction,
and US$6.1 million worth of side thruster and shaft, and reduction
gearbox propellers, under the second order from Triyards Marine
Services Pte Ltd.
KTL
expects these deals to contribute to its financial performance for
the year ending June 30, 2013.
CapitaLand:
CapitaLand
unit Allamanda Residential Development has placed the top bid for a
99-year leasehold private housing site at Bishan Street 14. Its bid
of S$505.1 million, or S$852.94 per square foot per plot ratio (psf
ppr), was 3.1 per cent higher than the next highest bid of S$490.1
million (S$827.61 psf ppr) from a joint venture involving Singland
Homes, UOL Venture Investments, and Orix Investment and Management.
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