The Business Times

Shipping

Transport & Logistics

Ghost oil ships dock in Venezuela, showing challenge for US

The ships are both bound for Asia

Revenue from CK Hutchison’s ports and related services business rose 9% from a year earlier in the first half of 2025.
Global Enterprise

Li Ka-shing’s US$19 billion ports sale slows due to complex talks

CK Hutchison has said that it would not proceed with a transaction that did not have the approval of all relevant authorities

With the Christmas season soon to be upon many, it remains to be seen how things will progress in the tanker and dry bulk market.
International

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Dec 5, 2025)

Buyers of US LNG have contemplated delaying cargo loading, while some owners of oil tankers are seeking to maximise earnings.
Global Enterprise

Ship rates spiking 467% marks upended trade across commodities

Freight costs typically dip at year-end due to seasonal weakness in demand

The LNG spot market further strengthened this week, with two-stroke tonnage remaining extremely tight in the Atlantic, driving higher rates on all major routes.
International

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Nov 28, 2025)

Panama’s five main ports are all located near the canal and are operated by concessionaires from the United States, Hong Kong, Taiwan and Singapore.
Transport & Logistics

China likely to bid on building new Panama Canal ports

The Panama Canal Authority plans to award contracts for the two terminals in late 2026 and begin operations in 2029

Maersk controls about 14% of the world’s container fleet.
Transport & Logistics

Maersk sees better safety in Red Sea as it eyes eventual return

Shippers have been routing their vessels around Africa, adding thousands of miles and costs to voyages

The Singapore Registry of Ships has added 358 ships and 26.2 million gross tonnes in the first 10 months of the year.
Transport & Logistics

Singapore beats Hong Kong in gross tonnage registered as more vessels reflag

Higher tonnage in September makes Republic the world’s fourth-largest ship registry

Methanol is considered a cleaner alternative to petroleum-based marine fuels.
Transport & Logistics

Three companies picked to supply methanol at Singapore port in drive to be sustainable bunkering hub

Global Energy Trading, Golden Island and PetroChina issued licences to supply methanol as marine fuel

Shares of the shipyard, offshore energy and marine transportation company have risen 3.7% or S$0.004 to S$0.112 on Monday as at 9.15 am.
Transport & Logistics

Marco Polo Marine expects ‘significantly higher’ FY2025 net profit

This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore

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