Shipping
Bessent says Hormuz ships insurance programme to start soon
The Trump administration has already taken action to blunt prices and address some concerns about oil supply
Iran tells UN: ‘non-hostile’ ships can transit Strait of Hormuz
The war has all but halted shipments of about one-fifth of the world’s oil and LNG through the strait
Maersk, Hapag-Lloyd, Japan’s Ocean Network slapping on fuel surcharge for road transport
Inland part of intermodal freight covers all transport over land using modes such as trucks, and is typically bundled with ocean freight
Maersk’s S$200 million, fully automated warehouse opens in Singapore
It will double the company’s footprint to more than 2 million sq ft and is equipped with the latest in automation tech
Unlocking a new competitive tool for Singapore: demand for low-carbon products
How Asia’s trade hub can foster the right conditions for low-carbon markets to thrive
Will China send warships to the Strait of Hormuz?
Trump is asking China and other countries to help by sending military ships to escort other vessels
Singapore sea freight companies hit with 50% fuel surcharge; war insurance premium also jacking up costs
One firm had to reroute cargo of used car parts to Dubai via India, raising the shipping cost five times
Asian container liners see turnaround as Red Sea remains shut
Disruption from the war is roiling global supply chains, forcing liners to tackle everything from transit halts to soaring fuel costs
