Shipping & Marine

COSCO winds up East West Freight Services

The subsidiary is expected to be dissolved three months after the lodgement of documents.

PSA Singapore deploys digital radio system to enhance Tuas Mega Port operations

Motorola’s TETRA system supports 4,000 users and 540,000 daily calls across port operations.

Yangzijiang Maritime invests in eight VLCCs for 2028–2030 delivery

The group is also selling four medium tankers with a capacity of 49,800 DWT each.

Singapore welcomes Middle East ceasefire

It called for lasting resolution and protection of shipping lanes.

Yangzijiang Shipbuilding bags 22 vessel orders worth $1.3b in Q1

The group’s outstanding order book stands at $29.3b (US$22.78b) for 256 vessels.

Yangzijiang Maritime names Sun Jianping CFO after controller resigns

Former chief investment officer takes finance role from 20 March.

Marco Polo Marine unit anchors $118m Taiwan offshore wind charter

PKRO will provide emergency towing and salvage services in Taiwan's waters.

Yangzijiang wins appeal setback in arbitration case

High Court upholds earlier arbitration awards.

Singapore backs pact to reinforce WTO trade rules

Actions include a possible permanent moratorium on customs duties on electronic transmissions, amongst others.

PSA throughput hits record 105m TEUs in 2025

The volume rises 8.7% as revenue climbs.

Hydromover 2.0 launches in Singapore, eyes UAE rollout

The electric cargo vessel offers longer range and larger payload.

Autonomous vessel fleet set for 2026 launch; Tuas Port Phase 2 reclamation nears 80% completion

Murali Pillai unveils 65M TEU Tuas Port, Digital Twin pilots, and autonomous USV trials.

Beng Kuang to take full control of ASOM in $60m deal

The group is expected to hold a 100% equity stake.