Shipping

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.

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”.

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.

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.

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

The sea transport industry is a key pillar of Singapore’s economy, with the maritime sector contributing about 7% of GDP and employing about 170,000 people.
BRUNCH

China’s Polar Silk Road takes shape, putting Singapore’s maritime future in focus

The opening up of Arctic routes and shortening of Asia-Europe voyages could have implications for established shipping hubs, including the city-state

The seized oil tanker, Centuries, is a Chinese-owned, Panama-flagged oil tanker, according to TankerTrackers.

US again seizes oil tanker off coast of Venezuela

THE United States “apprehended” an oil tanker off Venezuela on Saturday (Dec 20), a move Caracas deemed a “theft and kidnapping”, in the latest salvo of a pressure campaign by Washington, the US gover...

The potential return of Maersk to the Suez Canal could ripple through the shipping sector.

Maersk completes first Red Sea voyage in nearly two years

The shipping company says it has no plans to fully reopen the route but may gradually resume sailing via Suez and the Red Sea

Asian Terminals says that it plans to conduct a tender offer and voluntarily delist from the stock exchange.

Philippine wealth fund to invest in port company Asian Terminals

The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023