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Singamas factories shorten hours as container demand flattens

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...

Singamas earnings plunge as box trade slips

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...

Evergreen splashed out on containers again

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,...

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

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...

Temasek bailout still under discussion as PIL offloads more ships

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

PIL denies bankruptcy rumours

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...

PIL admits to financial stress

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

Singamas, half year results

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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Singapore Shipping Association unveils tool to enhance cyber risk management

Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services,...

MSC applies new prices from Far East to Europe

Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not...

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container...

Port of Rotterdam achieves 10% CO2 emission reduction in 2023

In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2...