Tariff truce spurs Pacific trade rush, boosting global shippersA temporary trade truce between the US and China is expected to trigger a surge in transpacific shipping, benefiting major carriers like Ma...
Shipping profit boom evaporates on US tariffs, Red Sea reopeningGlobal shipping giants are bracing for a potentially challenging 2025 due to new US tariffs and the reopening of the Red Sea route. Shippin...
Red Sea crisis produces winners and losers in Asia as freight rates spikeWhile shippers like Cosco Shipping Holdings benefit from higher freight rates, exporters such as Miniso Group face increased logistics cost...
Shippers better hope things don’t go back to normalThe recent rise in the shares of the Asian shipping companies was boosted on optimism that Chinese exports could see a rebound and the wors...
After 50-month bonus, shipping firm workers get another windfallOne of the ships that the company operated had got stuck in the Suez Canal in early part of 2021.
Singapore’s stocks haven’t lured this much cash in a decadeThe city-state has posted solid growth in the past two quarters as global trade continues to rebound.