Shipping
THE BOTTOM LINE
The ships moving global trade are going electric
With each passing year, batteries get cheaper, lighter and more powerful
Hapag-Lloyd in talks to buy Israel’s Zim Integrated Shipping; sale price to exceed US$3.5 billion
Zim will be delisted from the New York Stock Exchange once the necessary regulatory and government approvals come through
ANALYSIS
Global shipping industry sticks with green investments, despite carbon price delay
Shipping accounts for nearly 3% of greenhouse gas emissions
South Koreans are shunning dangerous shipbuilding jobs envied by Trump
Demand is growing as the industry enjoys a new boom that puts further strains on its workforce
Kuok Maritime Group’s PaxOcean opens S$200 million Jalan Samulun shipyard
It replaces PaxOcean’s previous location at 33 Tuas Crescent
Shipping firms face tough 2026 as reopening of Red Sea looms
Maersk has made two successful passages for the first time since Yemen-based Houthis began attacking vessels in 2023
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