News
Shipping firms urged to strengthen opex amidst cost volatility
Focusing on revenue optimisation is a costly mistake that leaves fleets exposed.
Shipping firms urged to strengthen opex amidst cost volatility
Focusing on revenue optimisation is a costly mistake that leaves fleets exposed.
Singapore revamps marine & offshore digital plan to boost AI adoption
AI moves into core marine workflows under a new industry roadmap.
Private 5G rollout at Port Nelson to fix Wi-Fi dead zones
The deployment spans around 30,000 square metres across three warehouses.
ICTSI completes testing, installation in Philippine port upgrade
The current scope of works is scheduled for completion by the end of June 2026.
Nam Cheong profit jumps 160% on vessel sale gain
It recorded revenue of $29.62m (RM117.9m).
Yang Ming profit plunges 82% on freight rate slump, geopolitical strains
The company’s revenue also dropped by 15% YoY to US$1.22b.
China ports pass stress test with about 30% throughput buffer
The stress tests showed ports hold financial stability under sharp volume decline.
Hong Kong–Guangdong inland shipping targeted in electrification pact
The deal covers electric vessel construction, charging and battery-swap networks.
Marco Polo Marine inks $139m reverse takeover term sheet with Fuji Offset
The total consideration is up to $139m.
Marco Polo Marine net profit climbs 9% as offshore fleet expands
Revenue rose to $74.0m on increased output.
PT Palindo Marine builds high-speed ferries for Singapore–Batam, regional routes
Ferries achieve speeds of above 30 knots for short trip times.
Shipping industry expands dual-fuel fleet as investment tops $180b
Total fleet and orders hit 1,204 vessels.
OOCL launches 24,168 TEU methanol dual-fuel ship ‘OOCL Wisdom’s in green fleet push
It is the first of seven methanol dual-fuel ships planned by OOCL.
Intra-Asia trade remains resilient despite Middle East conflict
Short-sea services and transhipment hubs are absorbing demand.
Beng Kuang Marine gets $15m financing for ASOM acquisition
Financing includes conditions on deal execution, ownership retention, and repayment.
DP World secures Laem Chabang berth operating extension to 2031
The Port Authority of Thailand granted a five-year extension for continued terminal operations.
Beng Kuang Marine Q1 net profit slips 12.7% to $2.8m
The group said margins dipped due to project mix, whilst FPSO work remained its recurring engine.
