Singapore Port Shatters Records: 40 Million+ Containers Handled in 2024
Singapore’s port has once again demonstrated its dominance in global maritime logistics by handling over 40 million TEUs (twenty-foot equivalent units) in 2024, setting a new record. This milestone reinforces the port’s status as one of the world’s busiest and most efficient maritime hubs. The exceptional performance is attributed to Singapore’s strategic location, robust transshipment […]
UAE Invests Big in Clean Energy Shipping
In a major push to meet rising global demand for alternative energy carriers, the UAE has announced $4.4 billion in contracts with international partners to expand its logistics and shipping fleet. This investment is set to support the global energy transition and facilitate low-carbon fuel transport, aligning with global sustainability goals. Of this investment, $1.9 […]
