KL Rubber Market Eases, Tracks Regional Futures Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 13 (Bernama) -- The Kuala Lumpur rubber market eased slightly on Monday, in tandem with regional rubber futures markets, said a dealer. 

ASEAN Needs Deeper Trade Agreements, Domestic Reforms For Economic Resilience - Economist

KUALA LUMPUR, Jan 9 (Bernama) -- Deeper trade agreements and domestic reforms are needed to build economic resilience in the Association of Southeast Asian Nations (ASEAN) and East Asian Pacific regions, especially during extreme change and uncertainty.

Red Sea Issues, US-China Trade Diversions To Continue Influencing Seaport, Logistics Sectors

KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.

Malaysia-Peru Explore Joint Ventures In Halal Food And Infrastructure

KUALA LUMPUR, Dec 31 (Bernama) – Malaysia’s expertise in halal food products combined with Peru’s premium agricultural raw material inputs, such as quinoa, chia seeds, and cashew nuts, offers immense potential for joint ventures (JVs) between the two nations.

Buoyant Year For Port Operators, Shipping Industry But Challenges Persist

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.

Northport Breaks Container And Conventional Cargo Annual Records With A Month To Spare

KUALA LUMPUR, Dec 3 (Bernama) -- Northport (Malaysia) Bhd has achieved new annual throughput records in its container and conventional cargo business segments, handling 3,328,508 twenty-foot equivalent units (TEUs) as of Nov 27, 2024, surpassing its previous annual record of 3,324,364 TEUs set in 2021.

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Prioritise Domestic Shipping To Boost Green Initiatives, Support Local Vessel Usage, Says MASA

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.

Malaysia Needs More Than Policies For Green Port Transformation -- Port Klang Authority

KUALA LUMPUR, Nov 29 (Bernama) -- The greening of Malaysia’s port sector needs more than policies for green port and sustainable practice transformation, said Port Klang Authority (PKA) general manager Captain Subramaniam Karuppiah.

Tycoon Ananda Krishnan’s Companies See Slight Dip In Share Prices

KUALA LUMPUR, Nov 28 (Bernama) -- The share prices of Maxis Bhd, Astro Malaysia Holdings Bhd and Bumi Armada Bhd saw a modest decline amid a bearish market and the news of the passing of business tycoon Ananda Krishnan earlier today.

Transport Ministry Forms Committee To Review Maritime Law, Port Acts

KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.

MISC, Gentari To Develop Clean Ammonia Shipping Solutions By 2027

KUALA LUMPUR, Nov 26 (Bernama) -- MISC Bhd and Gentari Sdn Bhd have forged a partnership to explore the development of integrated shipping and floating solutions for clean ammonia, with a targeted completion date as early as 2027.