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Singamas factories shorten hours as container demand flattens

Container News Team - 0
Management at Singamas, the world's fourth largest container maker, disclosed today (17 August) that the company had to close its factories, intermittently, as demand...
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News

Singamas earnings plunge as box trade slips

Container News Team - 0
Singamas, the fourth largest container manufacturer, announced on 15 March that 2022 net profit fell 73% year-on-year to US$56.57 million as container trade slowed...
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Evergreen splashed out on containers again

Container News Team - 0
Evergreen Marine Corporation has ordered 12,500 containers from Singamas Container Holdings for US$34.3 million, as the Taiwanese liner operator works towards expanding its business,...
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News

Singamas back in black in the first half as container demand soars

Container News Team - 0
Pacific International Lines’ subsidiary Singamas Container Holdings, the world’s fourth largest container manufacturer, recorded a US$66.51 million profit for 1H 2021, reversing a US$5.5...
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Most Visited - Newsletter

Temasek bailout still under discussion as PIL offloads more ships

n.savvides - 0
Struggling Singaporean liner operator Pacific International Lines (PIL) has said that by the end of September 2020, it expects to complete bailout discussions with...
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News

PIL denies bankruptcy rumours

n.savvides - 0
Singapore carrier Pacific International Lines (PIL) has issued a strong statement denying reports that the company is suffering financial difficulties. The company has made a...
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Most Visited - Newsletter

PIL admits to financial stress

n.savvides - 0
Pacific International Lines (PIL) boss Teo Siong Seng has admitted on 23 March 2020 that the company is in talks with several creditors, including...
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News

Singamas, half year results

Container News Team - 0
World-leading container manufacturer and logistics services provider Singamas Container Holdings Limited (stock code: 716) has announced its unaudited interim results for the six months...
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US continues strikes against the Houthis in asymmetric escalation

CN Premium Articles Alexandros Itimoudis - 0
Houthi leader Abdul Malik al-Houthi said on 16 March that his militants would target US ships in the Red Sea in the wake of...
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Jeddah Islamic Port demonstrates resilience amid disruptions, but challenges persist

CN Premium Articles Alexandros Itimoudis - 0
Jeddah Islamic Port, Saudi Arabia’s largest container port and a critical transshipment hub on the Red Sea, has faced significant challenges over the past...
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RSGT International to operate Djibouti’s Port of Tadjourah

Port News Ioanna Kontos - 0
Saudi Arabia’s largest terminal operator and the country’s sole international terminal operating firm Red Sea Gateway Terminal International (RSGTI) and Djibouti's Port of Tadjourah...
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PPG completes landmark drydocking for COSCO Shipping Energy

Out of the Box Ioanna Kontos - 0
PPG has completed the first drydocking project for COSCO Shipping Energy Transportation using the electrostatic application of its PPG SIGMAGLIDE® fouling release coating. The project...
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