shipping

Geopolitics

US and allies launch airstrikes on Houthi targets across Yemen

This marks a significant escalation in the weeks since Hamas militants attacked Israel on Oct 7 and Israeli forces responded

Zest

Shipping shifts from jackpot to job cuts after US$364 billion boom

'I'm certainly concerned about the next 24 to 36 months'
Maersk's profit slumps more than half as global trade slows - THE EDGE SINGAPORE

Zest

Maersk's profit slumps more than half as global trade slows

Maersk transports close to one-fifth of the world’s containers

Offshore & Marine

Uni-Asia banks on China reopening to lift shipping and property businesses

Despite the shipping market softening, Uni-Asia CEO Fukuyado is confident that China's reopening will bring a recovery.

Global Economy

Chinese trade unexpectedly drops as domestic, global demand slow

The weakness in exports adds to the domestic pressures on an economy which is already struggling
Maersk cuts forecast for global container demand on slowdown - THE EDGE SINGAPORE

Global Economy

Maersk cuts forecast for global container demand on slowdown

Global container demand is seen to decline between 2% and 4%

Global Economy

Supply chain 'normal' appears on horizon, with sights set on March

By some measures, the untangling of transport snarls is happening just as fast as the system knotted up last year.

Global Economy

The canary in the inflation coal mine

One such driver of inflation, rising shipping costs, has been under-studied.

Results

Samudera Shipping reports 1HFY2022 earnings of US$171.7 million

The company plans to pay an interim dividend of 7 cents

M&A

Frontline and Euronav planning US$4.2 bil merger to create world's largest tanker fleet operator

The combined fleet can carry about 225 million barrels of oil
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