shipping rates

Singapore news

Singapore’s ship-fuel sales surge as global trade flows jolted

Purchases expanded 14% in May from April, snapping a four-month streak of declines, to more than 4.8 million tons.

Global Economy

Twin crises send cargo ships back to 18th century trade routes

The widespread rerouting from the canals ensnares ships hauling everything from toys and auto parts to gas to fuel to crude oil.
Uni-Asia en route to V-shaped recovery in FY2021; eyes higher dividend payout - THE EDGE SINGAPORE

Offshore & Marine

Uni-Asia en route to V-shaped recovery in FY2021; eyes higher dividend payout

UOB's Ho says Uni-Asia’s shares are “inexpensive”, estimates that the company is trading at forward earnings of 4.5 times for FY21
China's worse-than-Suez ship delays set to widen trade chaos - THE EDGE SINGAPORE

Global Economy

China's worse-than-Suez ship delays set to widen trade chaos

It may take months for the cargo backlog in southern China to clear while the fallout ripples to ports worldwide.
Cargo ships skip Singapore as congestion at Chinese ports cause delays - THE EDGE SINGAPORE

Offshore & Marine

Cargo ships skip Singapore as congestion at Chinese ports cause delays

The disruptions threatening to inflate costs as shipping costs rise.
Reopening also means a rise in supply … and lower prices ahead for commodities - THE EDGE SINGAPORE

Tong's Portfolio

Reopening also means a rise in supply… and lower prices ahead for commodities

We suspect the inflation rate in May could be even higher than in April.
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