Tag: Singapore
Ningbo Ocean Shipping to invest USD 406.5M
Via Singapore, Ningbo Ocean will set up two subsidiaries to build eight container ships at Huangpu Wenchong — four 2,700 TEU and four 4,300 TEU — using own/self-raised funds.
Changi water reclamation plant phase 3 expansion set to commence
PUB appoints Binnies-AECOM JV for Changi WRP Phase 3 expansion, adding 96 million gallons per day capacity to strengthen Singapore’s water sustainability.
Air Liquide signs a long-term gas supply agreement with VSMC
Air Liquide will invest EUR 70 million to construct an ultra-high purity gas plant in Singapore’s Tampines Wafer Fab Park. The plant, operational in 2026, will supply VSMC and support Singapore’s growing semiconductor manufacturing sector.
CARES USD 31M worth of new projects
Cambridge Centre for Advanced Research and Education in Singapore (CARES) is leading two projects worth USD 31M to reduce fossil fuel reliance in the chemical manufacturing industry and energy systems.
One project investigates hydrogen and ammonia combustion for power generation and use in the aviation and maritime industries, utilizing a laser diagnostic system to analyze emissions.
Meranti Green Steel plans to build a green steel plant
Meranti Green Steel plans to build a green steel plant in Thailand’s IRPC Eco-Industrial Zone, with a capacity of up to 2.5 million tons of low-carbon hot-rolled coils per year. The plant, scheduled to start up in mid-2028, will initially use natural gas for 80-90% of its energy, supplemented by green hydrogen. Meranti aims to significantly reduce CO2 emissions during production.
MAC Shipping orders 4 duplex stainless steel chemical tankers
Singapore’s MAC Shipping has revealed that it has ordered four duplex stainless steel chemical tankers from Xin Jiangzhou Shipbuilding Heavy Industry, which are expected to be delivered from 2026 onwards, marking the owner’s first newbuilding project.