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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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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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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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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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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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