Race to top 10 pays off for Port Klang KUALA LUMPUR (Oct 25): When the government made the bold decision to position Port Klang as the country’s premier maritime gateway in the 1990s, it raised a lot of eyebrows. After all, competing with regional rivals like Singapore and Hong Kong was no small task, and both were already way ahead [...]

How geopolitics is redrawing the world’s shipping routes Globalisation isn’t dead, but it’s changing course, writes Neil Shearing, group chief economist at Capital Economics, and author of this year’s bestseller The Fractured Age. Commentators have been quick to declare globalisation dead. But, as is so often the case in economics, the reality is more complicated than the headlines suggest. This [...]

Asia-U.S. container rates rally GRIs, less capacity boosts trans-Pacific prices The uncertainty that has marked global ocean shipping so far this year struck again this past week –but that may signal a turn for the better for ocean carriers. Container rates on the eastbound trans-Pacific posted increases, halting steady declines that have challenged lows from 2023. Rates from Asia to [...]