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The first infrastructure project was the expansion of the Jurong Harbour in Singapore. The objective of the project was to help establish new real estate and satellite cities surrounding the area. [2] Estimated to cost S$14-million, the Jurong Port was completed in 1966. During this time, it was estimated that about 200-300 jobs were created. [3]
Neptune Orient Lines Limited (NOL) was a Singaporean container shipping company. It was founded in 1968 as Singapore's national shipping line, but was later sold as a subsidiary to French shipping company CMA CGM in 2016. [3] [4] On 1 October 2020, NOL was restructured into a regional hub and was renamed to CMA CGM Asia Pacific Limited. [5] [6]
Some brokerage firms have developed into large companies, incorporating departments specialising in shipping's various sectors, e.g. Dry Cargo Chartering, Tanker Chartering, Container Chartering, Sale & Purchase, Demolition, Futures and Research; other "boutique" shipbroking firms concentrate on specific sectors of the shipping market.
The Port of Singapore is the collection of facilities and terminals that conduct maritime trade and handle Singapore's harbours and shipping. It has been ranked as the top maritime capital of the world, since 2015. [ 2 ]
AET is a Malaysian-owned Singapore-headquartered owner and global operator of crude and clean petroleum tankers alongside specialist activities including dynamic positioning shuttle tankers (DPSTs), hydro-carbon capture and ship-to-ship lightering to oil and gas companies, refineries and petroleum traders. Its fleet of over 60 vessels includes ...
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