Culture
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian…
Tag
shipping
Culture
Samudera Shipping unit, Imoto Corporation enter JV to set up shipping company in Japan
Blue Ocean Shipping will be headquartered in Kobe and is expected to begin operations in the first half of 2026 A subsidiary of container…
Culture
Shipping giants race to speed up China-Peru trade with new route
The ports of Callao and Chancay are only about 50 miles apart, or a few hours by truck, and both are close to Lima. Competition to…
Culture
Hapag-Lloyd’s nine-month profit drops 50% as shipping market volatility persists
Security risks and US policy shifts unsettle demand and freight rates, hurting shipping profits German container shipping firm Hapag-Lloyd…
Culture
Apple begins shipping AI servers from Houston factory
Apple has started shipping artificial intelligence servers built in a factory in Houston, it said on Thursday, part of the company’s plans…
Culture
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
This could erode 74% and 65% of consensus Ebit margin forecast for FY2026 for Cosco Shipping Holdings and Orient Overseas (International),…
Culture
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
Culture
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Culture
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block…
Culture
Surging UK shipping costs threaten to deliver a new price shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer…
Culture
Baltic Exchange Shipping Insights
Capesize The Capesize market experienced a marked decline this week, with sentiment steadily weakening amid persistently low activity…
Culture
Shipping on high alert in Middle East After US strikes on Iran
The shipping industry was placed on high alert on Sunday (Jun 22) with warnings that Tehran could retaliate against commercial vessels…
Culture
Shipping firm Maersk temporarily pauses Haifa port calls
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the…
Culture
Container shipping rates soar, impact on shippers outside China felt
Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and…
Culture
Shipping bottlenecks in Europe send a warning signal to US, Asia
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could…
Culture
Europe’s shipping bottlenecks expected to persist into July
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could…
Lifestyle
Why a Shipping Container Is the Perfect Music Stage
If you’re organizing a music festival, you’re likely considering how to deliver an incredible experience while staying efficient and…
Culture
Shipping giants urge watchdog to avoid biofuels in clean-up push
The IMO is working toward a zero-carbon-emissions target for the industry by 2050 SOME shipping lines including Hapag-Lloyd and the…
Business
Golar LNG exits from LNG shipping segment with sale of Golar Arctic
Bermuda-based liquefied natural gas (LNG) company Golar LNG has announced the sale of its LNG carrier, Golar Arctic, marking the company’s…
Business
Trouble At The Border: Thieves Sneaking Cars In Shipping Containers
Read the full story on The Auto Wire Once again car smuggling being caught by Customs and Border Protection agents at the Port of…
Fashion
China’s biggest shipping line added to US military blacklist
COSCO Shipping Holdings, China’s biggest marine transport line, has been blacklisted by the US government for alleged links with the…
Fashion
20 months’ pay in year-end bonus for staff at Taiwan shipping giant Evergreen
A TAIWANESE company that is known for giving employees big bonuses has done it yet again. Shipping giant Evergreen announced on Dec 31…
Culture
Stocks to watch: Cosco Shipping, Keppel DC Reit, Sembcorp Industries, Cromwell E-Reit
THE following companies saw developments that may affect the trading of their securities on Wednesday (Dec 18): Cosco Shipping: The…
Culture
Cosco Shipping begins building expanded logistics hub on Jurong Island
LOGISTICS management service provider Cosco Shipping International (Singapore) started construction work on Phase 2 of its logistics hub…