Vincent Wee
News Editor

Latest From Vincent Wee
DP World plans stablecoin-based payment system to boost trade
DP World’s stablecoin payments technology aims to make cross-border financial transactions seamless, especially in emerging markets, which are usually in regions where many businesses struggle with access to global banking infrastructure
Regional container trade imbalances increase 33% from 2019 to 2024
BIMCO chief shipping analyst says the increase in trade imbalances has been driven by faster export growth from East and Southeast Asia compared with all other regions except sub-Saharan Africa
MOL decarbonisation unit boosts investment in e-fuels producer Twelve Benefit
The company’s two products are drop-in fuels for the marine and aviation markets that can be used in existing infrastructure with up to 90% lower lifecycle emissions compared to fossil-based fuels
MOL to offer low-emissions options to freight and NVOCC customers
In early 2024, MOL became the first shipping company in the Asia-Pacific region to issue environmental attributes certificates of low-emission voyages using alternative fuels. It has since set up a system that can issue EACs arising from using alternative fuels in the MOL-operated fleet
Precious Shipping sees resilient Asian consumers driving continued demand in 2025
Precious Shipping warned that Asean countries may not benefit from greater investment and export gains as happened during the previous Trump administration’s US-China tariff war
HJ Shipbuilding seals $88m LNG bunkering vessel order
The latest deal also marks HJSC’s first order of 2025. The shipyard turned to a profit in 2024 and is sitting on a record high orderbook