Shipping & Marine
Yangzijiang Maritime names Sun Jianping CFO after controller resigns
Yangzijiang Maritime names Sun Jianping CFO after controller resigns
Former chief investment officer takes finance role from 20 March.
Maersk expands Asia Pacific logistic with $200m automated distribution centre
The facility created 500 automation and digital jobs.
Game theory in the Gulf: Why Singapore should watch the Middle East carefully
The region sits at the centre of global energy flows.
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.
Seatrium completes Crescent Yard divestment as Mooreast closes acquisition
Transactions closed on 11 March.
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.
SeaLead COO Cho Kit Wei steps up as CEO amidst softer global shipping demand
The 20-year veteran takes over on 2 March to navigate weaker volumes and global trade swings.
Electronics surge drives 9.3% jump in January exports
Growth was supported by a strong demand for AI-related products.
Beng Kuang net profit falls 41% to $12.5m
Profit before tax declined to $16.5m from $25.4m.
ASL Marine H1 net profit jumps to $17.1m
Interim dividend set at $0.0013 a share as finance costs fall 72.8%.
NODX growth seen at up to 4% as global trade cools
AI demand and high gold prices provide a buffer against the slowdown.
Seatrium contests Petrobras counter-claim of $107.5m in P-54 vessel conversion case
The dispute concerns a 2004 contract for the conversion of the P-54 floating production storage and offloading unit.
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