Maritime

Quad launches Indo-Pacific monitor plan as Hormuz crisis deepens

The strategic grouping also intends to partner with Fiji on port infrastructure

Singapore shipping veteran Teo Siong Seng is one of seven executives the US has accused of colluding to fix the prices of dry containers.

Singamas shares plunge after US DOJ allegations against CEO Teo Siong Seng

The firm has engaged external legal advisors, and business operations will remain normal in the meantime

Teo Siong Seng, chief executive of Singamas, was named as one of the individuals alleged to be involved in price fixing.

Singapore shipping veteran, SBF chair Teo Siong Seng and others accused by US of price fixing

The prices of standard shipping containers are said to have roughly doubled between 2019 and 2021, notes the US Department of Justice

The presence of a major international airport alongside port infrastructure reinforces Singapore's position, allowing operators to coordinate logistics in a single location.
THE BROAD VIEW

Can Singapore help shape the future of the ocean?

The global seas are part of the infrastructure that underpins the country’s stability

In its claim, Mercuria argues that the Baltic Exchange should have either suspended the TD3C benchmark or used economically comparable routes that are still operating to determine it.

SGX-owned Baltic Exchange sued over alleged losses due to oil tanker pricing

Mercuria Energy Group is suing SGX-owned Baltic Exchange over alleged losses due to distortions in a shipping benchmark

Technological innovation and real operational capability are not the same thing, the writer notes.

The invisible bottleneck in Singapore’s maritime ambitions

Industry and regulatory bodies need to make a deliberate shift in their talent development approach

The acquisition of Marina at Keppel Bay would make SUTL the largest owner-operator of integrated marinas in Singapore.

Competition watchdog flags concerns over SUTL’s proposed S$40 million Marina at Keppel Bay buy

The transaction may enhance the combined operator’s ability to raise prices, says CCS

Jotaro Tamura took the helm at MOL on Apr 1.

MOL will watch bunker supply from June as Middle East supply disruptions continue

The surge in freight costs has not significantly dented shipping demand, says Mitsui OSK Lines’ new CEO

The bids will be reviewed by a committee appointed by the Thai navy over the next month.

Hyundai, ST Engineering bid for US$530 million Thai frigate order

The Royal Thai Navy aims to have eight frigates in its fleet by 2037, up from the current four

As part of transhipment and cargo flows, containers are moved between Singapore's terminals by feeder vessels, or via land using prime movers.

Singapore invites proposals on autonomous shipping, kicks off maritime startup competition

The move for suggestions is part of the Republic’s efforts to adopt autonomous technologies in maritime operations