Revenues were down, costs were flat, profits were down. It was largely an unhappy first half financial year for Singapore Shipping.
Risk-averse money is still entering the FreightTech space.
PSA International Pte Ltd said it has completed the acquisition of Halterm Container Terminal in Halifax, Nova Scotia, from a fund managed by Macquarie Infrastructure and Real Assets.
Singapore, one of the world’s biggest centers for the supply of marine fuels, is now enforcing the mandatory use of mass flow metering system for the delivery of distillate fuels. The new mandate went into force as of July 1, 2019.
Singapore’s GLP had planned a US IPO. Instead, it has dramatically downsized its US exposure by selling most of its assets to Blackstone
Considering that Singapore has over 20,000 people per square mile, it may be prudent for the city-state to consider air taxis as an urban mobility option.
TheLorry connects thousands of shippers with truck, pickup truck and van owners across southeast Asia.
Company expands time-definite delivery portfolio
Oil Major Shell has announced upcoming availability its newly developed Very Low Sulphur Fuel Oil (VLSFO) ahead of the IMO 2020 – 0.50% global sulphur limit for marine fuels. FreightWaves has the charts.
BiTA participated in the Singapore Week of Innovation and Technology (SWITCH) 2018.
The deployment of autonomous vehicles will become a viable option for Singaporean locals, thanks to a joint effort between the city-state’s Land Transport Authority (LTA) and the Ministry of Transportation (MOT).
BiTA, previously known as the Blockchain in Trucking Alliance has expanded its mission and renamed the Alliance the Blockchain in Transport Alliance to reflect its focus on all forms of transportation, not just trucking.
The future of transportation is not found in Silicon Valley or Detroit. Singapore will lead the next century of transportation innovation.
Singapore might be world’s smartest city. When you think of tech, you reflexively picture Silicon Valley. While Palo Alto may reign in the west, a tiny island nation of 5.6 million leads the east… and it’s turning to blockchain.
