Shipping
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
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
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 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
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
Box shipping industry could sail into a downturn in 2026, watchers say
They expect higher capacity and lower demand
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
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...
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
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