The Business Times
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Maritime

Transport & Logistics

Ship insurers set for major claims from Iran War, Allianz says

Spot container rates to move goods to the US and Europe from Asia have surged over the past seven weeks, according to the Drewry World Container Index.
Transport & Logistics

Maersk CEO sees solid container demand through second half

Shipping association Bimco said on Monday it still considers transits through the strait highly risky, with mines remaining a key concern.
Global Enterprise

Shippers remain cautious on Hormuz strait transit after US and Iran agree deal

A roundup of the week’s tanker and dry bulk market.
International

Baltic Exchange Shipping Insights

US Secretary of State Marco Rubio announces plans on energy and critical minerals partnerships within the bloc.
International

Quad launches Indo-Pacific monitor plan as Hormuz crisis deepens

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

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

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

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

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

Can Singapore help shape the future of the ocean?

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.
International

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

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

The invisible bottleneck in Singapore’s maritime ambitions

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