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Business 11 Jan 2007 | 12:00 AM

China steel mills seek long-term contracts

Steel mills in China, the world's top consumer and producer of the metal, are seeking long-term freight contracts for iron ore, adding to upward pressure on dry bulk rates that are already at 21-month highs.

Business 21 Jan 2007 | 12:00 AM

Top Gazprom exec cautions Europe against move away from long-term contracts

A top executive with Russian natural gas company Gazprom on Saturday warned Europe against energy market reforms that would disrupt long-term supply agreements or infringe companies' rights to control their own pipeline infrastructure.

Business 02 Aug 2004 | 12:00 AM

Sumatec ventures into shipping

SUMATEC Resources Bhd, a contractor for the oil and gas industry, has set in motion its vision for a recurring base of earnings. Hence its recent proposal to purchase a fleet of coastal oil tankers leased on long-term contracts to oil majors.

Business 12 Jul 2011 | 12:00 AM

Silk wins contracts worth RM40mil

KUALA LUMPUR: Silk Holdings Bhd has secured four long term contracts worth a total of RM39.75mil from Petronas Carigali Sdn for the provision of four units of anchor handling tug supply vessel (AHTSV).

Corporate News 17 May 2016 | 6:13 AM

Icon Offshore bidding for long term jobs in Brunei

KUALA LUMPUR: Icon Offshore Bhd is aggressively bidding for long-term contracts in Brunei as part of its regionalisation strategy this year.

Business 16 Mar 2010 | 12:00 AM

Tanjung gets RM114.6m deals

KUALA LUMPUR: Tanjung Offshore Services Sdn Bhd has been awarded long-term contracts valued at RM114.6mil by Petronas Carigali Sdn Bhd for the charter of two anchor-handling tug and supply (AHTS) vessels.

Corporate News 05 Oct 2016 | 3:14 PM

MISC unfazed overwhelming number of ships

KUALA LUMPUR: The overwhelming number of ships in the global and domestic shipping industry will not directly affect MISC Bhd as the group manages a sustainable income stream, thanks to its long-term contracts in the liquefied natural gas (LNG) segment.

Business 11 Aug 2016 | 12:00 AM

Investors cozying up to MLPs despite oil’s bearish streak

NEW YORK: After falling from grace amid crude’s collapse, master-limited partnerships (MLPs), a darling of recent commodities booms, are winning over investors again thanks to their high payouts and long-term contracts.