Contracts

Maersk Line has established a new Vessel Sharing Agreement (VSA) with its two largest rivals to redirect focus on booming China and away from a possibly weakening US economy.

Specialty chemical company Lanxess has allocated a record US$601 million for a synthetic rubber plant in Singapore, the region's largest investment of its type.

Ezra Holdings' offshore fabrication engineering arm sealed total of US$ 158.5 million worth of contracts in Vietnam.

The Civil Aviation Authority of Singapore and the European Aviation Safety Agency signed an agreement to reduce oversight when it comes to safety of the Airbus 380 (A380), the same day the famed aircraft was grounded due to technical difficulties.

ST Engineering's land systems and marine arms have secured major overseas contracts valued at S$44.8 million and S$28 million respectively.

Marina Bay Sands has awarded a $400-million contract to Sembawang Engineers and Constructors (Sembawang E&C) to build Marina Bay Sands integrated resort’s North Podium.

The Civil Aviation Authority of Singapore (CAAS) has awarded the tender to upgrade Singapore Changi Airport Terminal 1 to Takenaka Corporation.

Singapore Technologies Engineering has secured a S$78 million contract to build two platform supply vessels (PSV)for a company on the Gulf Coast.

Samsung Electronics has named NXP Semiconductors as one of its 3G solutions suppliers at the Mobile World Congress held in Spain.

Keppel Gas and oil and gas giants ExxonMobil Asia Pacific have entered a long term partnership valued at over S$3 billion.