Shipping

Shipping stocks eclipse chips in Asia as freight rates jump

2026-09-24T00:34:35.000Z
From left: Clean Kinetics’ Wilson Lee, Greenphyto’s Susan Chong and Berge Bulk’s James Marshall receive the top awards at the Sustainability Impact Awards.

Shipping and solar players, agritech entrepreneur win top honours at 2026 Sustainability Impact Awards

2026-09-23T13:30:00.000Z
Wan Chee Foong (left) and Lars Kastrup will work together during the handover period.

Temasek’s Wan Chee Foong to helm PIL, Lars Kastrup to be board adviser

2026-09-22T12:00:00.000Z
The Pinglu Canal is regarded as a pivotal development for Guangxi.

China’s Pinglu Canal likely to benefit Singapore, other South-east Asia ports in the long term

2026-09-20T23:00:00.000Z
A roundup of the week’s tanker and dry bulk market (Sep 18, 2026).

Baltic Exchange Shipping Insights

2026-09-20T23:00:00.000Z
Vessels shuttling barrels through the Strait of Hormuz are sucking up more ships for longer as they switch cargoes near Oman.

Supertanker shortage sends oil shipping costs soaring, threatening long-haul trade

2026-09-20T09:04:46.000Z
Oil surged 8% higher in the week ended Sep 13 due to the disruptions, rising above US$100 for the first time since July.

Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz

2026-09-14T00:39:25.000Z
The Suez Canal Authority expects full-year revenue to climb to between US$5.8 billion and US$6 billion from US$4.1 billion in 2025.

Suez Canal revival gathers pace as Hormuz crisis reroutes ships

2026-09-08T08:54:06.000Z
Crude surged in the week ended Sep 6 after hostilities flared between the US and Iran after a period of relative calm.

Oil extends gains as US and Iran target ships in tit-for-tat attacks

2026-09-07T06:38:56.000Z
Deteriorating conditions on the USS Abraham Lincoln (above) exemplify a fall in US fleet readiness to 68% in 2025, well below the Navy’s 80% target.

America’s naval disaster

2026-09-07T04:52:13.000Z