1m ago
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.
1m ago
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.
2m ago
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.
2m ago
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.
2m ago
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.
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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.
2m ago
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.
2m ago
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.
2m ago
KUALA LUMPUR, Nov 21 (Bernama) — Can-One Bhd posted a net loss of RM100.53 million in the third quarter of financial year 2024 (3Q FY2024) against a net loss of RM23.11 million in 3Q FY2023.
2m ago
KOTA KINABALU, Nov 21 (Bernama) -- The Sabah State Government's aspiration to position Sapangar Bay Container Port (SBCP) as a regional trade hub is expected to deliver significant long-term economic benefits for the state, the State Assembly was informed today.
2m ago
KUALA LUMPUR, Nov 14 (Bernama) -- MISC Bhd’s net profit eased to RM338.90 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM430.40 million in 3Q 2023.
2m ago
From Zarul Effendi Razali
ABU DHABI, Nov 13 (Bernama) -- Various initiatives under the MADANI Economic Framework, among other matters, will be highlighted during Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi’s seven-day official visit to the United Arab Emirates (UAE), which started today.