News on Singapore.

Singapore wants more investors to enter the field

Singapore skyline.jpg Services:

Despite its indisputable role as the world's shipping center, financing for maritime companies has been lagging behind in Singapore, and the country will now work to bring carriers and investors closer together. The understanding of shipping as an investment represents one of the challenges.

Svitzer's growth in Asia lower than expected

thailand.jpg Carriers:

Things have not moved quite as fast in Asia as expected since Svitzer opened office in Singapore in early 2016. The strategy in the region will change when the new overall strategy for Svitzer is settled in the second quarter this year, Managing Director Alan Bradley tells ShippingWatch.

Dry bulk carriers detect increasing interest in Asia

singapore2.jpg Bulk:

Dry bulk carrier Klaveness has experienced a significant rise in interest from customers over the past year compared to the previous years in which the carrier has been present in Singapore. The bulk division at Norden in Singapore also notes a surge in activity, the carriers tell ShippingWatch.

Shanghai still world's busiest port

shanghai.jpg Ports:

Shanghai cemented its position as the world's busiest container port in 2016. Despite a tough year for global trade, the port succeeded in increasing the number of twenty-foot containers. Singapore follows in second place.

Experts agree: Worst crisis in 30 years

Hyundai Merchant Marine singapore havn container port Carriers:

Shipping, offshore, oil and gas – the entire industry is facing problems so severe that the banks have the power to decide who will survive. Extreme overcapacity is not the only challenge. The banks are also under pressure to reduce their exposure to the maritime sector.

OW Bunker is haunting the bunker industry

OW_bunker.jpg Suppliers:

The bunker industry has not been the same since November 7th 2014. The end of OW Bunker's fairy tale was so unexpected that it today – two years later – still hovers like a ghost haunting the large conference hall at bunker conference SIBCON being held this week in Singapore.

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