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  • DBS caught off guard by Swiber's 'swift implosion'
    Offshore services firm Swiber Holding's financial implosion was so rapid and sudden its biggest lender DBS Bank was caught off guard, DBS Group Holdings chief executive Piyush Gupta said He added that other offshore firms could face knock-on effects in the second half of this year. 

    The interest for expanded limit of marine transportation vessels, offices, and 
    base is a worldwide pattern that is relied upon to proceed later on. This interest is filled by a need to oblige developing vessel operations for payload taking care of exercises and human populace development in beach front ranges. As seaside zones keep on growing, there is an accompanying increment in the interest for water transportation administrations and recreational open doors.
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