Southeast Asia

Containership Charter Rates Remain Stable as 2025 Comes to an End on an Upbeat Note

At the close of 2025, the containership charter market showed resilience despite freight market challenges; one-year time charter rates across feeder, midsize and large vessel segments remained stable across one-year time charter rates across feeder, midsize and large vessel segments despite freight market challenges. According to MSI reports on tight supply conditions boosting rates; 2026 deliveries may put downward pressure on them though multipurpose rates had slight gains according to Toepfer Transport.

US Navy Announces New Agile Frigate Class; Indonesia Launches Regional Heavyweight Combatant

On December 19th, the US Navy revealed plans for a new FF(X) frigate class based on the Legend-class cutter design to bolster its small surface combatant fleet by 2028. Meanwhile, Indonesia launched their largest surface combatant (KRI Balaputradewa) on 18 December, marking a key step in Southeast Asian naval capabilities and underscoring global naval modernization efforts. These developments highlight global efforts in this regard.

RINA Launches Southeast Asia Innovation Hub; Lloyd's Register Introduces Maritime Future Technologies Center

Early November 2025 saw two more initiatives in maritime innovation. On November 5, RINA launched an Open Innovation Hub in Singapore in cooperation with the Maritime and Port Authority, to support digitalization and decarbonization activities at sea. At the same time, Lloyd's Register opened its International Maritime Future Technologies Innovation Centre, again in conjunction with COSCO Shipping Group and a number of academic partners, to incubate zero-carbon, intelligent ship systems.