Singamas’ revenue significantly declines, company focuses on leasing
NewsThe decline in revenue and average selling price was attributed to a slump in demand for dry freight containers in the wake of overproductio...
Box builders’ profits plunge
NewsA sharp fall in orders for new containers has taken its toll on container manufacturers with H1 2023 revenues and profits at China Internati...
Box builder issues profit warning
NewsSingamas expects its H1 2023 profit to fall by approximately 74% year-on-year....
Singamas on the M&A trail
NewsBox builder wants to use its healthy financial position to “actively seek new M&A opportunities” as it looks to further diversify into ...
Singamas issues second profit warning
NewsContainer manufacturer downgrades its profit expectations for 2022 for the second time....
Wan Hai buys boxes & vessels
NewsWan Hai Lines has announced plans to purchase 16,100 new containers from Singamas, and 20 new vessels from Japan and China....
Singamas profit warning
NewsContainer manufacturer Singamas has warned shareholders that it expects to report a “marginal loss for the six months ended 30 June 2018...
Reefer recovery, but overcapacity remains
NewsGlobal reefer production has continued to strengthen in 2018, and prices have also risen, but box builders are still contending with sizeabl...
Carrier & Singamas in reefer deal
NewsCarrier Transicold and Singamas have launched “PrimeLINE ONE” an integrated reefer that will be assembled in Qingdao....
Singamas/Carrier in reefer deal
NewsAt the Intermodal Asia Conference and Exhibition in Shanghai this month, Carrier Transicold and Singamas launched PrimeLINE ONE, an integrat...
Putting the gloss on the box
NewsContainer manufacturers have transitioned to waterborne coatings, but a winter test is still to come for the coating supply chain....
Reefer container builders take a hit
NewsImpacted by weak demand, reefer output has plummeted by 50% in 2016, while prices continue to be depressed and there is fierce competition b...
Dry box output in the doldrums
NewsDry freight container builders are facing further difficulties this year, with production having declined to a seven-year low and finished p...
Boxes going waterborne
NewsChina’s main box manufacturers, including CIMC, Singamas, Dong Fang and CXIC, will be using waterborne paints for coating their dry freigh...
Singamas signals loss
NewsSingamas has notified its investors that, based on preliminary assessments and unaudited accounts, it expects “to report a significant dec...