2026-10-09 US West Coast
HCM-UWC 8,217 USD/FEU +0.67% Index 4,004 pts
2026-10-09 US East Coast
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HCM-NEU 3,354 USD/FEU +0.48% Index 2,308 pts
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2026-10-09 China
HCM-CHN 86 USD/FEU -15.38% Index 1,012 pts
2026-10-09 Korea
HCM-KOR 320 USD/FEU +0.85% Index 1,074 pts
2026-10-09 Japan
HCM-JPN 525 USD/FEU +7.80% Index 1,695 pts
2026-10-09 Southeast Asia
HCM-SEA 345 USD/FEU +11.43% Index 1,763 pts
2026-10-09 Oceania
HCM-ANZ 4,788 USD/FEU -3.08% Index 7,577 pts
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HCM-SAM 5,982 USD/FEU -14.67% Index 3,738 pts
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2026-10-09 East & West Africa
HCM-EWA 5,131 USD/FEU +0.35% Index 1,307 pts
2026-10-09 Global
VCFI Composite Rate 5,105 USD/FEU +0.51% VCFI Composite Index 3,520 pts +0.11%
2026-10-09 US West Coast
HCM-UWC 8,217 USD/FEU +0.67% Index 4,004 pts
2026-10-09 US East Coast
HCM-UEC 11,055 USD/FEU +2.44% Index 3,383 pts
2026-10-09 Northern Europe
HCM-NEU 3,354 USD/FEU +0.48% Index 2,308 pts
2026-10-09 Mediterranean
HCM-MED 3,953 USD/FEU +0.65% Index 2,160 pts
2026-10-09 China
HCM-CHN 86 USD/FEU -15.38% Index 1,012 pts
2026-10-09 Korea
HCM-KOR 320 USD/FEU +0.85% Index 1,074 pts
2026-10-09 Japan
HCM-JPN 525 USD/FEU +7.80% Index 1,695 pts
2026-10-09 Southeast Asia
HCM-SEA 345 USD/FEU +11.43% Index 1,763 pts
2026-10-09 Oceania
HCM-ANZ 4,788 USD/FEU -3.08% Index 7,577 pts
2026-10-09 Middle East
HCM-MEA Suspended
2026-10-09 South America
HCM-SAM 5,982 USD/FEU -14.67% Index 3,738 pts
2026-10-09 South Africa
HCM-ZAF 4,267 USD/FEU -4.27% Index 2,425 pts
2026-10-09 East & West Africa
HCM-EWA 5,131 USD/FEU +0.35% Index 1,307 pts
2026-10-09 Global
VCFI Composite Rate 5,105 USD/FEU +0.51% VCFI Composite Index 3,520 pts +0.11%
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Tuesday, 28/10/2025, 12:22 (GMT +7)

566

Singapore and China Formally Establish Green and Digital Shipping Corridor

Singapore and China have just signed a landmark Memorandum of Understanding (MoU), formally establishing a Green and Digital Shipping Corridor aimed at promoting decarbonization and enhancing supply chain efficiency in the region.

green-shipping-corridor

Green Shipping Corridor (Photo: HoldingRedlich / Phaata)

 

The Ministry of Transport of Singapore and the Ministry of Transport of China have signed a Memorandum of Understanding (MoU) to establish the Singapore–China Green and Digital Shipping Corridor (GDSC). The agreement was signed this past October 19, 2025, by Singapore's Acting Minister for Transport, Mr. Jeffrey Siow, and China's Minister of Transport, Mr. Liu Wei, marking a significant step in strengthening bilateral maritime cooperation.

This MoU elevates the partnership to a national level, following previous city- and provincial-level initiatives with Tianjin and Shandong, which were launched in 2023 and 2024, respectively.

Under this new framework, both countries will collaborate with industry stakeholders to:

•    Promote the decarbonization of the maritime industry.

•    Improve port and supply chain efficiency.

•    Develop supporting technologies, infrastructure, and standards to encourage sustainability and digital transformation across the industry.

The agreement also focuses on enhancing digitalization in shipping operations by leveraging data-driven systems to boost efficiency, transparency, and resilience across the entire value chain.

By combining their strengths in manufacturing, supply chain ecosystems, regulation, and finance, Singapore and China aim to drive innovation and the practical implementation of green and digital initiatives in the global shipping industry.

The establishment of the Singapore–China Green and Digital Shipping Corridor reflects a shared commitment by both nations to sustainable growth, technological advancement, and greater maritime connectivity in the international transport sector.

 

See more:

 

Source: Phaata.com (According to Container-News)

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