News

A clean and efficient maiden voyage during these unprecedented times on M.V Siem Confucius

Today, MV Siem Confucius embarks on a historic three-week voyage from Emden, Germany to Mexico, ferrying more than 4,800 new vehicles. She runs on environmentally-friendly liquid natural gas (LNG), and Volkswagen Group is a world pioneer in using a low-emission LNG drive in this overseas car carrier as part of its decarbonisation strategy Read the …

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First Green Loan JOLCO Arrangement

Two green LNG-powered PCTCs have been commissioned under the Green Loan JOLCO arrangement. The transaction is documented in accordance with LMA Green Loan Principles (GLP) and Second-Opinion provided by DNV-GL. The financed ships will operate exclusively on a minimum 7-year contract with Volkswagen Group.

New 50/50 joint venture, S&I Leasing, with Itochu Corporation

ITOCHU Corporation and Seven Yield Holding, through its subsidiary Seven Yield, signs Shareholders’ Agreement to establish S&I Leasing Pte. Ltd. as joint venture for the purposes of developing a vessel finance leasing business in relation to conventional shipping segments such as bulk, tanker, gas carriers and container vessels.

Recipient of MSI award @ Singapore International Maritime Awards 2019

The biennial International Maritime Awards (IMA) is a prestigious award ceremony and gala dinner organised by MPA. It recognises individuals and companies for their outstanding contributions to Singapore’s development as a premier global hub port and a leading international maritime centre. There are four types of awards that have been given to our entities: Maritime …

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