Sabah Port Congestion Now Systemic Logistics Issue, Says CILTM Sabah Chairman

LABUAN, May 13 (Bernama) -- Sabah has significant potential to strengthen its trade competitiveness and economic resilience by addressing long-standing logistics and port efficiency challenges, according to the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah.

MISC Names Two New LNG Carriers, Strengthens Partnership With ExxonMobil Unit

KUALA LUMPUR, May 8 (Bernama) -- MISC Bhd announced the naming of two new-generation liquefied natural gas (LNG) carriers, Seri Dian and Seri Dayang, further strengthening its long-standing partnership with Seariver Maritime LLC (SRM), a wholly-owned subsidiary of ExxonMobil.

Ringgit Rises As Risk Appetite Returns On Strait Of Hormuz Assurances

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.

UAE Leaves OPEC And OPEC+ In Huge Blow To Global Oil Producers' Group

KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

Veson, Veracity By DNV Partner On Verified Emissions Data Integration

KUALA LUMPUR, April 28 (Bernama) -- Maritime data and freight management solutions provider, Veson Nautical (Veson) has formed a strategic partnership with Veracity by DNV to integrate verified emissions data into operational and commercial shipping workflows.

Malaysia's Insurance Sector To Sustain Growth In 1Q 2026 -- MBSB IB

KUALA LUMPUR, April 27 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) anticipates Malaysia’s insurance sector to sustain its growth momentum in the first quarter of 2026 (1Q 2026), supported by stronger general and life insurance segments.

Malaysia, Indonesia, Singapore And Thailand Must Resist Attempts To Weaponise Strait Of Melaka

By Harizah Hanim Mohamed

KUALA LUMPUR, April 26 (Bernama) – The commitment by the four littoral states of Malaysia, Indonesia, Singapore and Thailand to resist any attempt to weaponise the Strait of Melaka is now highly critical, as maritime law is being stamped upon and free navigation disrupted, as is happening in the Strait of Hormuz.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.

Diesel Bound For Australia Not Owned By Malaysia -- Fahmi

KUALA LUMPUR, April 22 (Bernama) -- The 200 million litres of diesel shipped to Australia do not belong to Malaysia, said Communications Minister Datuk Fahmi Fadzi.

Enrique Of Malacca Shipyard To Drive New Maritime Economy In Melaka -- Ab Rauf

MELAKA, April 21 (Bernama) -- The Enrique of Malacca Shipyard, a RM180 million strategic development expected to generate up to RM1.8 billion in revenue over a decade, is poised to anchor a new maritime economic ecosystem in Melaka.

MTT Shipping Opens Slightly Higher At RM1.08 In Main Market Debut

KUALA LUMPUR, April 21 (Bernama) -- MTT Shipping and Logistics Bhd opened at RM1.08 in its Main Market debut on Bursa Malaysia today, five sen above its initial public offering (IPO) price of RM1.03.

Bursa Malaysia Closes Higher On Buying In Defensive Large-Cap Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia closed higher today, supported by buying interest in large-cap stocks as investors shifted toward defensive counters amid rising geopolitical uncertainty.