Keppel Offshore and Marine Division Reports Second Quarter Loss

SINGAPORE, July 19 (Reuters) - Singapore's Keppel Corp posted a 44 percent rise in its second-quarter profit, citing stronger earnings from its property and infrastructure divisions that offset losses in its other segments, including offshore and marine. Keppel, whose businesses range from rig-building to property development, posted a net profit of S$246 million ($179 … [Read more...]

Keppel Set to Deliver South East Asia’s First LNG-Powered Tug

Singaporean shipbuilder Keppel Offshore & Marine is on track to deliver South East Asia's first dual-fuel LNG tug to Keppel Smit Towage. The tug was named KST Liberty at a ceremony held at Keppel Singmarine on Wednesday. The 65-tonne bollard pull LNG dual-fuel Azimuth Stern Drive (ASD) tug was built to Keppel's proprietary design which won the Outstanding Maritime … [Read more...]

Keppel Q1 Profit Jumps Despite Slip in Offshore and Marine Division

SINGAPORE, April 19 (Reuters) - Singapore's Keppel Corp first quarter profit rose to its highest level in nine quarters, helped by a divestment gain and contributions from property trading in Singapore and China. Keppel, whose businesses range from rig-building to property development, said on Thursday net profit was S$337 million ($257 million) for the quarter ended March, … [Read more...]

Keppel to Build Singapore’s First LNG-Powered Bunker Tanker

Singapore shipbuilder Keppel Offshore & Marine has announced that a subsidiary has secured a contract to build Singapore's first dual-fuel bunker tanker to be powered by liquefied natural gas. A contract for the vessel was signed between Keppel O&M's wholly-owned subsidiary Keppel Singmarine and Mitsui & Co (Asia Pacific) with partial funding from the Singapore … [Read more...]