The Business Times

Shipping

International

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Jan 16, 2026)

For shipowners, that means higher rates on some routes as current and future oil flows are redirected, with Washington starting to ease sanctions on Venezuela.
Transport & Logistics

Oil tanker rates spike as US push into Venezuela redraws flows

The global oil industry is working through the consequences of Washington’s move earlier this month

Singapore's box throughput of about 44.7 million TEUs should place the Republic as the world’s second-busiest container port in 2025.
Singapore

Singapore port achieves record-high performance in 2025

It overtakes Hong Kong after hundreds of vessels reflag from Chinese city to Singapore in September and October

Following a post-holiday pickup in participation, the Pacific basin remained under consistent pressure.
International

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Jan 9, 2026)

The acquired companies specialise in logistics for commodities through the building and managing of tugboats and barges.
Companies & Markets

Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million

The deal’s completion follows an initial announcement in August 2025

Ningbo-Zhoushan port’s cargo throughput, which comprises goods besides those moved in containers, was at an all-time high of 1.4 billion tonnes in 2025.
Global Enterprise

Major Chinese ports handle record throughput in 2025 amid US tariffs

Shanghai is on track to surpass its 2024 record of 51.5 million TEUs

The firm noted that the establishment of the JV comes at a time when the need for digital transformation involving AI adoption is “rapidly intensifying”.
Transport & Logistics

Ocean Network Express, MTI form JV to advance shipping industry’s digital transformation

It aims to promote the digital transformation of operations and business models using artificial intelligence

Chevron is the only Western firm allowed to produce and export crude oil in Venezuela amid American sanctions.
Global Enterprise

Chevron lines up 11 ships as Venezuela’s dark fleet vanishes

Tankers of the shadow fleet typically turn off or spoof their transponders to disguise their location

The dispute over the tanker comes as US President Donald Trump is trying to negotiate a peace deal between Russia and Ukraine.
Transport & Logistics

Russia asks United States to stop pursuit of fleeing oil tanker

US forces have been tracking the tanker, known as the Bella 1, for nearly two weeks

While the return to the Red Sea means shorter time, lower fuel consumption and lower carbon emissions than detouring around South Africa, the immediate ripple effect is not only a rise in capacity, but also port congestion.
Transport & Logistics
OUTLOOK

Box shipping industry could sail into a downturn in 2026, watchers say

They expect higher capacity and lower demand

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