Singapore

Singapore

U.S. containerized exports through July 2013. Source: PIERS
US Containerized Exports Bounced Back in July

Press Releases

Hermes Strengthens Asia Operations with Branch Office in Shanghai
Logistics Providers
Finnair Appoints Globe Air Cargo in Singapore
Finnair
BDP Awarded Secure Trade Partnership Plus Accreditation by Singapore Customs
BDP International
APL Bags 'Green Ship of the Year' Award
APL

Singapore-based visibility provider latest to get VC backing

08 Sep 2021
More funding has flowed into container visibility solutions to address a growing need for shippers and their logistics providers to predict where and when disruptions are likely to occur.
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Bangladeshi shippers hit with new congestion surcharge
18 Nov 2020
Feeder vessels are seeing over 48 hours berthing delay in Colombo and nearly 36 hours in Singapore, lowering the number of possible voyages and raising costs.
PIL warns of likely collapse if creditors reject restructuring plan
11 Nov 2020
If creditors reject the restructuring and PIL is liquidated, it could be the biggest container line failure since the collapse of South Korea’s Hanjin Shipping in 2016, although its impact is likely to be significantly less.
ONE forecasts huge leap in annual earnings
10 Nov 2020
Ocean Network Express’ forecast for a highly profitable financial year is an example of the incredible pricing power being exerted by the carriers right now.
Trade finance network partners with electronic BL developer
28 Oct 2020
A network of major banks in Singapore has signed an agreement with CargoX, which provides electronic bills of lading to the shipping industry, to underpin the network’s trade finance capability.
New Chittagong–China service to quicken container trade
17 Aug 2020
The new service will significantly shorten the transit time for Bangladeshi cargoes to reach their final destination in the US by — at least 10 days, according to officials.
Cash-strapped PIL secures interim funding from Singapore government
29 Jul 2020
Singapore's sovereign wealth fund is thought to be contemplating a cash injection of up to $450 million into PIL in return for a significant shareholding in the privately controlled carrier.
Major ports begin aligning data networks with CargoSmart, TradeLens
28 Jul 2020
A data-sharing initiative between key container gateways in Europe and Asia underlines the need for shippers and service partners to be connected into multiple shipping networks.
Singapore’s PIL warns of defaults as it seeks government help
26 May 2020
PIL, which raised more than $550 million from the sale of box ships earlier this year, said it has agreed on a debt repayment holiday until the end of this year with most of its main lenders.
Logistics automation company lands PSA financial backing
14 May 2020
Automation software provider RPA Labs has been backed by a group of supply chain-focused investors as it seeks to equip third-party logistics providers with pre-built process “bots.”
Falling volumes loom over ONE’s first full-year profit
30 Apr 2020
It has taken three years for ONE to sail into the black, with the carrier able to hold on to its profitability through a turbulent end to its financial year.