A collision on Saturday between a Greek-registered bulk carrier and a Malaysian government vessel in disputed territorial waters has reignited politcal tensions between Singapore and Malaysia over an ongoing sovereignty claim of sea borders.

In 2018 the value of the Greek fleet increased by over $5bn to break the $100bn milestone, ensuring Greek shipowners continue to run not only the world largest fleet but also the most valuable.

Britannia P&I Club has been granted an underwriting license for its Singapore branch.

Safety and survival equipment specialist Survitec has opened its largest service and distribution hub globally in Singapore.

Insurer QBE has announced the transition of QBE International Markets (QIMS) to QBE Singapore to further strengthen and streamline its business operations.

Singapore is aiming to move forward with the digitalisation of shipping trade documentaton such as Bills of Lading (BLs) by developing standards inter-operability of different solutions that use technology such as block chain.

China’s Ningbo-Zhoushan port reported a container throughput of 26m teu in 2018, pushing it up into the ranks world’s top three container port for the first time.

PSA International (PSA) has handled increased container volumes globally for 2018 over the previous year on the back of a slow but steady pace of container trade growth.

China’s Shanghai International Port Group (SIPG) retained its top position as the world’s busiest container port for the ninth consecutive year.

The Singapore Maritime Foundation (SMF) has affirmed its efforts on talent development and enhancing collaboration with start-ups and adjacent industries, according to chairman Andreas Sohmen-Pao.

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