TOKYO, Japan: Japanese Prime Minister Shigeru Ishiba is visiting Malaysia and Indonesia to bolster defense and economic partnerships with key Southeast Asian nations amid rising tensions with China in the region. This trip, Ishiba’s first for bilateral talks...
Sixty years ago, Singapore’s separation from Malaysia marked the painful collapse of a bold political experiment. What began as a union based on the promise of a shared future and a common market fell apart under the weight of irreconcilable political objectives and...
Ukraine’s export economy posted a 13% increase in value and a 29% rise in tonnage, according to year-end data released by Ukraine’s economy ministry. The war-torn nation exported 129 million tons of goods valued at $41 billion, outpacing 2023’s...
Ports operator and logistics giant DP World is celebrating a major milestone: it now has 100 million TEU in container handling capacity across its global footprint. Over the past four and a half decades, the Dubai-based conglomerate has been aggressive in bidding for...
Norway’s NuProShip (Nuclear Propulsion in Shipping) project is transitioning into its second stage as of January 2025 after having completed initial studies into Generation IV reactors. The project which launched in 2023 has the ultimate purpose to develop a...
With global ship demolition at record low levels, Bangladesh’s shipbreaking industry has reported that 2024 saw a massive drop in scrap ship imports. Only 144 ships were sent to Bangladesh last year for recycling, equivalent to 968,000 GT, the lowest since 2005. As...
