Shipping & Marine

IMDA aims to reduce paper trail in maritime sector amidst electronic bills push

Digital trade platforms and shipping firms can obtain funding support for adopting TradeTrust under the TradeTrust Readiness Programme.
2 days ago

Customs collects $12.1b in revenue amidst ramped-up enforcement

Revenue collections and faster processing mark operations.

Halom Investments buys 150 million shares in Marco Polo Marine

The purchase was made via a secondary market deal on 22 January.

Trade steadies as tech offsets export swings: analysts

Non-oil re-exports jumped 15% YoY in December, with a surge to the US, Nomura said.

Electric Incat Hydromover 2.0 vessel begins cargo delivery to ships in Singapore Strait

It is transporting light cargo to vessels anchored in the strait waiting to dock at the city-state’s port.

US-China trade rerouting drives record 44.7 million TEUs in 2025

However, monthly momentum eased from 10.9% to 10.3% in December.

NODX slumps to 6.1% in December 2025 as Western demand sinks

Shipments to Japan and Hong Kong have also declined.

Yangzijiang orders 16 vessels to lift total pipeline to 50

Additions lift the pipeline to 2 delivered, 34 firm under construction, and 14 optional vessels, it said.

CUB, Enterprise Singapore support $190m ORV for Marco Polo

Marco Polo Marine poised for growth through the strategic partnership, CEO says.

Exports to remain steady in 2026 but volatile factors threatens growth

Full-year 2026 NODX is projected at 3% following ean stimated 4% growth in 2025.

Singapore tops global container port ranking as infrastructure leads

Behind Singapore, the global top five comprise Shanghai, Ningbo-Zhoushan, Rotterdam, and Busan. 

ASL Marine’s net profit stands at $8.3m in Q12026

This represents a 1.560% increase over the previous year.

Loh Khum Yean appointed MPA board chairman

He chaired the Parks Board and was deputy chairman of the MPA since February 2025.

Singapore, China ink deal for Green and Digitalised Shipping Corridor

The Green and Digital Shipping Corridor aims to develop decarbonised, supply chain standards.

Freight-rate slump drags OOIL liner revenue

Asia-Europe and Trans-Pacific routes recorded the steepest declines.

Hyke to launch electric ferries in Philippines, Singapore by 2027

The demand for autonomous shuttles in Asia is exploding.