PSA’s Automated Tuas Port Reaches 25 Million TEUs Amid $115 Billion Capacity Expansion
PSA Singapore handled 44.5 million TEUs in 2025, with a global network connecting to 600 ports through daily sailings. SINGAPORE – PSA Singapore’s Tuas Port has handled 25 million 20-foot equivalent units (TEUs) since beginning operations in September 2022, marking another major milestone in the development of the world’s largest fully automated container terminal. A […]
FLCT Achieves Positive Q3 Rental Reversions, Driven by Strong Logistics and Industrial Performance
FLCT Records Positive Q3 Rental Reversions, Led by Logistics and Industrial Portfolio SINGAPORE – Frasers Logistics & Commercial Trust (FLCT) posted positive rental reversions for the third quarter ended 30 June, supported by the strong performance of its logistics and industrial (L&I) portfolio. The trust recorded rental reversions of 8.2% on an incoming versus outgoing […]
Middle East Producers Maintain Oil and LNG Shipments Despite Vessel Attacks
Maritime Traffic Remains Subdued Compared with Pre-Conflict Levels SINGAPORE – Middle East producers continue to load oil and liquefied natural gas (LNG) despite renewed ship attacks in the Strait of Hormuz and escalating tensions between the United States and Iran, according to shipping data. Energy shipping through the strategic waterway slowed after a container ship […]
US Imposes 15% Tariffs on Taiwan Auto Parts, Wood and Aircraft Components
Finalized Deal Centers on Section 232 Tariffs Under January Taiwan Framework Agreement Containers are pictured at the Port of Keelung in Taiwan on April 4, 2025. The latest agreement applies to selected Taiwanese auto parts, timber, lumber and related wood products, as well as certain aircraft components containing steel, aluminum or copper. (Annabelle Chih via […]
Shipping Market Updates from the Baltic Exchange
Capesize The week opened with muted momentum, as overall market sentiment remained flat and activity was uneven across regions. The Pacific basin emerged as the primary driver of liquidity, supported by steady miner participation and a consistent flow of coal and tender cargoes. However, freight rates stayed range-bound, with C5 trading within the high $12s […]
Some Chinese exporters are raising prices in response to increasing costs driven by the war.
Exporters have faced challenges due to volatility, making production planning and long-term pricing difficult. BEIJING – Some Chinese exporters are raising prices on a wide range of goods, from toys and yoga wear to medical catheters, as fuel shortages linked to the Iran war drive up raw material and production costs in the fourth week […]