OFFSHOREMARINE Builder of Distinction
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Speech by Dr Lee Boon Yang, Chairman, Sph and Sph
SPEECH BY DR LEE BOON YANG, CHAIRMAN, SPH AND SPH FOUNDATION AT THE SPH AND SPH FOUNDATION SCHOLARSHIP AWARDS CEREMONY 2018 HELD ON MONDAY, 16 JULY 2018 AT 3.00 PM AT THE SPH NEWS CENTRE AUDITORIUM Ladies and Gentlemen A very good afternoon to all. Welcome to the annual SPH and SPH Foundation Scholarship Awards Ceremony 2018. Let me begin by congratulating all scholarship recipients. This year, we have 4 journalism scholars. We will also be presenting 14 scholarships to the children of SPH staff and newspaper vendors, as well as 11 Lim Kim San Memorial Scholarships. I would like to congratulate the proud parents, family members and loved ones who are here today. Quality journalism and transformation are key The global media industry continues to face volatility and disruption. Today, platforms such as Facebook and Google are changing the way people access the news. The emergence of new technologies driven by powerful algorithms, artificial intelligence and data analytics are shaping the types of content that gets wider circulation. 1 We have also experienced the emergence of fake news. This is in part owing to deceptive advertising, deliberate falsehoods or lack of fact-checking arising from unprofessional journalism. Faced with such volatility and challenges, journalists have a more important role to restore trust and confidence in media companies. Journalists should always ensure accurate and objective presentation and delivery of news that readers would want to turn to, and can rely on. SPH will always uphold the highest standard of quality journalism. At the same time, we will also continue to innovate and transform our business operations. -
Associazione Italiana Di Tecnica Navale 1947-2017 70 Anni a Sostegno Delle Attività Sul Mare E Sulle Acque Interne
Mario Alimento, Claudio Boccalatte, Gianfranco Damilano e Bruno Della Loggia Associazione Italiana di Tecnica Navale 1947-2017 70 anni a sostegno delle attività sul mare e sulle acque interne Edizioni ETS Si ringrazia SiSi ringrazia ringrazia Si ringrazia Si ringrazia Si ringrazia Si ringrazia Si ringrazia Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione Si ringrazia Si ringrazia Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione Si Si ringraziano ringraziano le seguenti seguenti Aziende Aziende per per il il gentile gentile contributo alla Manifestazione contributo alla Manifestazione Si ringraziano le seguenti Aziende per il gentile contributo alla Manifestazione © Copyright 2017 Edizioni ETS Piazza Carrara, 16-19, I-56126 Pisa [email protected] www.edizioniets.com Distribuzione Messaggerie Libri SPA Sede legale: via G. Verdi 8 - 20090 Assago (MI) Promozione PDE PROMOZIONE SRL via Zago 2/2 - 40128 Bologna ISBN 978-884670000-0 Prefazione alla terza edizione 2017 Nel 2017 l’ATENA, Associazione Italiana di Tecnica Navale, celebra il suo settantesimo anniversario. Un recente ritrovamento di documenti ha reso pos- sibile datare al 1947 la fondazione dell’Associazione di cui fu primo Presidente l’Ing. Federico Martinoli. Da allora l’ATENA è sempre stata la principale protagonista nazionale nella promozione della cultura scientifica, tecnica e storica del mondo marittimo: i suoi Soci, sparsi su tutto il territorio italiano, sono i protagonisti e testimoni del progresso scientifico e tecnologico legato alla navigazione e, più in generale, al mondo del mare. -
Kodrah Kristang: the Initiative to Revitalize the Kristang Language in Singapore
Language Documentation & Conservation Special Publication No. 19 Documentation and Maintenance of Contact Languages from South Asia to East Asia ed. by Mário Pinharanda-Nunes & Hugo C. Cardoso, pp.35–121 http:/nflrc.hawaii.edu/ldc/sp19 2 http://hdl.handle.net/10125/24906 Kodrah Kristang: The initiative to revitalize the Kristang language in Singapore Kevin Martens Wong National University of Singapore Abstract Kristang is the critically endangered heritage language of the Portuguese-Eurasian community in Singapore and the wider Malayan region, and is spoken by an estimated less than 100 fluent speakers in Singapore. In Singapore, especially, up to 2015, there was almost no known documentation of Kristang, and a declining awareness of its existence, even among the Portuguese-Eurasian community. However, efforts to revitalize Kristang in Singapore under the auspices of the community-based non-profit, multiracial and intergenerational Kodrah Kristang (‘Awaken, Kristang’) initiative since March 2016 appear to have successfully reinvigorated community and public interest in the language; more than 400 individuals, including heritage speakers, children and many people outside the Portuguese-Eurasian community, have joined ongoing free Kodrah Kristang classes, while another 1,400 participated in the inaugural Kristang Language Festival in May 2017, including Singapore’s Deputy Prime Minister and the Portuguese Ambassador to Singapore. Unique features of the initiative include the initiative and its associated Portuguese-Eurasian community being situated in the highly urbanized setting of Singapore, a relatively low reliance on financial support, visible, if cautious positive interest from the Singapore state, a multiracial orientation and set of aims that embrace and move beyond the language’s original community of mainly Portuguese-Eurasian speakers, and, by design, a multiracial youth-led core team. -
Opening Speech by Minister for Defence Dr Ng Eng Hen at the Defence Technology Community's 50Th Anniversary Dinner
Opening Speech by Minister for Defence Dr Ng Eng Hen at the Defence Technology Community's 50th Anniversary Dinner 07 Nov 2016 President Tony Tan, Emeritus Senior Minister, Former Minister and Second Minister for Defence, Permanent Secretaries and Chief of Defence Force, Former Permanent Secretaries, Distinguished guests, colleagues and friends, Welcome to the DTC50 Dinner First, a very good evening and welcome to tonight's dinner where we celebrate together the jubilee year of the Defence Technology Community, or DTC. I know all of you feel honoured as I do, because we have with us tonight President Tony Tan, Emeritus Senior Minister Goh Chok Tong, Dr Lee Boon Yang, Mr Lui Tuck Yew, previous Ministers for Defence; as well as previous Permanent Secretaries, among them Mr Lim Siong Guan and Mr Chiang Chie Foo, who oversaw the development of this community, the DTC. I look forward to President Tony Tan's speech wherein the achievements of the DTC will be recounted. We are all very proud of the achievements of the DTC, which give us an assurance of a secure future. These achievements were only possible because of the collective efforts of the entire MINDEF and the SAF family. Individually each of you played a role in your unit, whether it was in the Army, Navy, or Airforce, Defence Science and Technology Agency (DSTA) or DSO, whether it was in technical vocations as well as combat, to make that extra effort to push our defence capabilities forward. Tonight, it is both somewhat formal, somewhat informal - it is a meeting of old friends. -
ANNUAL Report 2O12
ANNUAL REPORT 2O12 The sea ahead ANNUAL REPORT 2O12 GIUSEPPE BONO CHIEF EXECUTIVE OFFICER OF FINCANTIERI Dear Shareholders, The year 2012 was a challenging one for Fincantieri in the face of a complex global environment, marked by increased competitive pressure and continued market depression but with oppor- tunities of growing strategic importance in the area of high-value new generation ships. This trend is confirmed by the fact that the merchant shipping industry’s investments in new vessels amounted to approximately USD 100 billion, in line with the 2011 figure, while reporting a 20% decrease in compensated gross tonnage. Unfortunately, the level of orders is still insufficient to ensure proper utilization of worldwide production capacity, with consequent pressure on prices. Fincantieri faces a shipping industry that is cautious about investment and wary of depressing fleet profitability, already under pressure due to the growth in operating costs, primarily sparked by the growth in bunker fuel price. The absence of speculative behavior, at least, is helping acce- lerate the process of industry rebalancing, in readiness for a medium-term recovery in demand. In the military field, defense budget cuts, especially in Europe and the United States, are heighte- ning the strategic importance of export markets that more and more often are demanding the transfer of technology or local construction. With regard to Fincantieri’s sectors of operation, the cruise industry has once again demonstra- ted flexibility and responsiveness to the crisis. Analysts are forecasting 3.8% average annual growth in cruise passenger numbers, an estimate that nonetheless reflects very prudent as- sumptions about expected growth in the Asian tourist market. -
Annual Report 2019 Contents
ANNUAL REPORT 2019 CONTENTS Highlights 2019 4 Letter from the CEO 8 Key Figures 2019 11 A Focused Portfolio 13 Board of Directors 41 Executive Management Team 45 Board of Directors’ Report 50 Reporting of Payments to Governments 71 The Board of Directors’ Report on Corporate Governance 73 Financial statements 83 3 · Aker BP Annual Report 2019 – HIGHLIGHTS 2019 I Q1 HIGHLIGHTS 2019 I Q2 14 JUNE – VALHALL QP TOPSIDE SAFELY REMOVED 19 MARCH - FIRST The original accommoda- OIL FROM ODA tion platform at Valhall (QP) First oil from the Spirit is safely removed by the 16 JANUARY – IVAR AASEN 7 APRIL – ULA DERRICK Energy-operated Oda giant vessel Pioneering OPERATED FROM ON- REMOVED field, some three Spirit. This is the rst of the SHORE CONTROL ROOM The derrick is removed from months ahead of plan. original structures at Valhall Aker BP becomes the first the Ula eld center using the to be removed as part of the copany on te Norean heavy lifting vessel Saipem modernization of the Valhall continental shelf to operate a 7000. The successful lifting eld center. manned platform from an operation is an important onshore control room. Ivar milestone in the upgrading Aaen n te Nort Sea and life extension of the Ula now operated from Aker BP’s area. Future drilling on the offices in Trondheim. eld will be carried out with modern jack-up rigs. AERBP NO BRENT BLEN US AERBP NO BRENT BLEN US 300 100 300 100 12 JUNE – BOND ISSUE OF USD 750 MILLION AT 4.75 % The size of the oering was increased from USD 500 million, indicated at launch on 10 June 2019, to USD 750 million. -
Presentation to the Financial Community First Half 2009 Results
Presentation to the Financial Community First Half 2009 Results July 2009 Forward-Looking Statements Forward-looking statements are based on a number of assumptions and expectations that could ultimately prove inaccurate, as they are subject to risks and variables, outside the company’s control, that could cause actual results to differ materially, including currency fluctuations, the level of capital expenditure in the oil and gas industry as well as other industries, the timing of development of energy resources, construction and project risks, armed conflict or political instability in the Arabic Gulf or other regions, the strength of competition and interest rate fluctuations. 2 Presentation Outline ¾ First Half 2009 Financial Results ¾ Oil & Gas Industry Market Outlook – What’s Changed? ¾ Saipem’s Strategy for Current (Weak) Market ¾ Saipem Medium/ Long Term Strategy Focus on ‘Tough Trends’: ¾ 1. Hydrocarbons in Developing Countries Focus on Onshore ¾ 2. Deep/Ultra-Deep Water 2.a. Drilling 2.b. Field Development ¾ 3. Extreme Pipelines ¾ Conclusions 3 First Half 2009 Financial Results 4 Financials (Mln €) Revenues EBITDA EBIT Net Profit Adjusted 51585158 802802 46194619 % on 582 % on Revenues 582 Revenues 164164 (6.8%) 652652 % on % on 489489 138138 (5.7%) 24062406 Revenues Revenues 81 (30.1%) 154 (6.3%) 81 374374 24422442 154 131131 (5.4%) 3131 (11.5%) (51.0%) (30.3%) 146146 (35.0%) 6060 (16.7%) 100100 269269 3333 286286 123123 (51.7%) 198198 9191 (38.2%) 321 238238 (14.2%) 411 (18.7%) 313313 21972197 411 17411741 315315 (18.1%) 234234 (13.4%) 1H 2008 1H 2009 1H 2008 1H 2009 1H 2008 1H 2009 1H 2008 1H 2009 Saipem Group Business Units Offshore Offshore Drilling Onshore Onshore 5 Financials (Mln €) Capex Sources and Application of Funds, Net Debt & D/E Ratio 2044 60 D/E =0.87 2751 425425 1600 30 D/E = 0.74 110110 2032 796796 700700 979 880 1348 229229 239239 629 763763 760760 35 880880 594594 Net Debt Application Sources of Net Debt 1H 2008 2008 1H 2009 2009E* @ Dec. -
JOINT MEDIA RELEASE Keppel and PUB Officially Open Keppel Marina
JOINT MEDIA RELEASE Keppel and PUB officially open Keppel Marina East Desalination Plant The ceremony was officiated by Guest of Honour, Prime Minister Lee Hsien Loong, as well as Ms Grace Fu, Minister for Sustainability and the Environment Singapore, 4 February 2021 – Keppel Infrastructure Holdings Pte Ltd (Keppel Infrastructure) and PUB, Singapore’s National Water Agency, have officially opened the Keppel Marina East Desalination Plant (KMEDP), Singapore’s fourth desalination plant. The ceremony was officiated by Guest of Honour, Prime Minister Lee Hsien Loong, as well as Minister for Sustainability and the Environment, Ms Grace Fu; Chairman of Keppel Corporation, Dr Lee Boon Yang; Chairman of PUB, Mr Chiang Chie Foo; CEO of Keppel Corporation Limited, Mr Loh Chin Hua; CE of PUB, Mr Ng Joo Hee; and CEO of Keppel Infrastructure, Dr Ong Tiong Guan. KMEDP, Singapore’s first large-scale, dual-mode desalination plant, is capable of producing 137,000 cubic metres (about 30 million gallons) of fresh drinking water per day. The plant commenced commercial operations from 29 June 2020 and is operated by Marina East Water Pte Ltd, a wholly owned subsidiary of Keppel Infrastructure, for a 25- year concession period from 2020 to 2045, under the Design, Build, Own and Operate (DBOO) arrangement with National Water Agency PUB. Located at Marina East, KMEDP can either treat seawater or freshwater drawn from the Marina Reservoir, depending on the prevailing weather conditions, thus strengthening Singapore’s water supply resilience. Mr Ng Joo Hee, Chief Executive of PUB, said, “Seawater desalination is one of Singapore’s ‘four national taps’. -
Seizing Opportunities
Seizing opportunities Annual report and accounts 2003 Finland Norway Sweden Estonia Denmark Latvia UK Russia Ireland Lithuania Belgium Poland France Germany Kazakhstan Austria Georgia Italy USA Azerbaijan Portugal Turkey Algeria Iran China Saudi Arabia Abu Dhabi Mexico Venezuela Nigeria Singapore Angola Brazil Statoil is represented in 28 countries. Head office is in Stavanger. The Borealis petrochemicals group has production facilities in 11 countries and its head office is in Copenhagen. Borealis is owned 50 per cent by Statoil. Statoil 2003 Statoil is an integrated oil and gas company with substantial international activities. Represented in 28 countries, the group had 19 326 employees at the end of 2003. Nearly 40 per cent of these employees work outside Norway. Statoil is the leading producer on the Norwegian continental shelf and is operator for 20 oil and gas fields. The group’s international production is enjoying strong growth, and Statoil is a leading retailer of petrol and oil products in Scandinavia, Ireland, Poland and the Baltic states. One of the major suppliers of natural gas to the European market, Statoil is also one of the world’s biggest sellers of crude oil. As one of the world’s largest operators for offshore oil and gas activities, Statoil has been used to tackling major challenges with regard to safety and the environment from the very start. Today, we are one of the world’s most environmentally-efficient producers and transporters of oil and gas. Our goal is to generate good financial results for our shareholders through a sound and proactive business performance. It is our ambition to achieve good results across three bottom lines – financial, environmental and social – which strengthen each other in the long term and contribute to building a robust company. -
Strengthening Connectivity
A Publication of Keppel Corporation ISSUE 02 2021 www.kepcorp.com/ekeppelite Global Building Strengthening Keppelites water connectivity Forum 2021 resilience MCI (P) 031/01/2021 24 16 22 Contents 1 Editor’s Note GETTING TO KNOW YOU Editorial Advisor 2 Keppel Corporation Business Updates Ho Tong Yen In conversation 34 Spotlight on: Mr Tan Boon Leng 11 Keppel REIT Key Business and Operational Updates 36 Refreshed retail spaces Editor Sue-Ann Huang 12 Keppel DC REIT at i12 Katong Key Business and Operational Updates 37 Strategic partnership 13 Keppel Pacific Oak US REIT for global expansion Copy Editors Key Business and Operational Updates Robust health and safety Ariel Tee, Fiona Aw 14 Changes to Keppel Corporation’s Board management 16 Global Keppelites Forum 2021 38 Leadership appointments 20 Positioned for the future with Vision 2030 Going green Editorial Team 21 Building a sustainable future Ang Lai Lee, Brian Lee, Casey Chiang, 22 Building water resilience HSE MATTERS Dorothy Lim, Elizabeth Widjaja, Frances Teh, 24 Strengthening the Grace Chia, Guo Xiao Rong, Ivana Chua, connectivity business 39 Strengthening safety culture Lee Wan Jun, Loh Jing Ting, Nikki Lam, 26 New world of opportunities with 5G Roy Tan, Serena Toh, Tang Yi Bing, Victor Heng, 27 M1 unveils new brand identity 40 Sustainability accolades Woon Pek Yong, Yolanda Guo 28 Charging into the future 41 Enhancing capabilities Email: [email protected] 29 Versatile partner 42 Celebrating women Website: kepcorp.com/ekeppelite 30 Delivery of second LNG carrier 44 Standing tall in the Philippines linkedin.com/company/keppel 31 Asia’s first ship-to-containership 45 Engaging Keppelites youtube.com/KeppelCorporationLtd LNG operation 46 Connecting seniors 32 Keppel Capital launches 47 Empowering lives Keppelite is a publication of Keppel China logistics property fund 48 Caring for the community Corporation, and is published quarterly Alpha secures 50 Paying it forward by the Group Corporate Communications separate account mandate 51 Doing good in China Division. -
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Other Information Interested Person Transactions The Group has obtained a general mandate from shareholders of the Company for interested person transactions in the Annual General Meeting held on 21 April 2017. During the financial year, the following interested person transactions were entered into by the Group: Aggregate value of all interested person Aggregate value of all transactions during interested person the financial year transactions conducted under review (excluding under a shareholders’ transactions less than mandate pursuant $100,000 and transactions to Rule 920 of the conducted under SGX Listing Manual shareholders’ mandate (excluding transactions Name of Interested Person pursuant to Rule 920) less than $100,000) 2017 2016 2017 2016 $’000 $’000 $’000 $’000 Transaction for the Sale of Goods and Services CapitaLand Group – – 174,000 – Neptune Orient Lines Group – – – 389 PSA International Group – – 8,077 1,482 SATS Group – – 24,400 – SembCorp Marine Group – – 1,783 4,635 Singapore Power Group – – 2,657 1,567 Singapore Technologies Engineering Group – 280 189 899 Temasek Holdings Group – – 338 16,938 Transaction for the Purchase of Goods and Services CapitaMalls Asia Group – – 254 – Certis CISCO Security Group – – 718 474 Mapletree Investments Group – – 1,020 – Pavilion Gas Pte Ltd – – 51,000 50,000 PSA International Group – – 305 208 SembCorp Marine Group – – – 55 Singapore Power Group – – 353 526 Singapore Technologies Engineering Group – – 3,289 5,437 Singapore Telecommunications Group – – 441 1,160 Temasek Holdings Group – – 546 1,810 Total Interested Person Transactions – 280 269,370 85,580 Save for the interested person transactions disclosed above, there were no other material contracts entered into by the Company and its subsidiaries involving the interests of its chief executive officer, directors or controlling shareholders, which are either still subsisting at the end of the financial year or, if not then subsisting, entered into since the end of the previous financial year. -
MWL Apr 2015 Draft 1__Marin
MMaarriinneerrss WWEEAATTHHEERR LLOOGG Volume 59, Number 1 April 2015 From the Editor What a great issue this is! Along with our regular contributors, we have a couple of articles that I know you will really enjoy. One is from our PMO located in Miami Florida, David Dellinger. David sub- mitted an article on a strange phenomenon “fall streak holes”. I myself have never seen this particular type phenomenon nor did I know it existed. Rarely does it occur so far south in the Miami area, Mariners Weather Log so as you can imagine, Dave and emergency managers received quite ISSN 0025-3367 a few phone calls. Recently, (within the past couple of weeks) I was invited to a local art show by a friend. In this art show were such cre- U.S. Department of Commerce ations as water color, sculpture and fine photography. Well there it Dr. Kathryn D. Sullivan Under Secretary of Commerce for Oceans and Atmosphere & Acting was, among ravens and landscapes, a photograph of a “fall streak”. NOAA Administrator As luck would have it, because of my new found knowledge I was Acting Administrator able to discuss the photograph because of the article, thanks Dave! National Weather Service Dr. Louis Uccellini Another article I know you will thoroughly enjoy; Lafayette’s NOAA Assistant Administrator for Weather Services Hermione (her-my-oh-Knee) Voyage 2015. The article will not only Editorial Supervisor give you a history lesson, it describes the concept and effort of recon- Paula M. Rychtar structing an exact replica of General Lafayette 18th century ship called the Hermione.