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Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).

Yinson JV Secures US$600 Mln FSO Contract For Vietnam Offshore Project

KUALA LUMPUR, July 28 (Bernama) -- Yinson Holdings Bhd, through its joint venture PTSC South East Asia Pte Ltd (PTSC SEA), has secured a contract with Vietnam’s Phu Quoc Petroleum Operating Company (PQPOC) to provide and charter a floating storage and offloading (FSO) vessel for the offshore Block B Field in southwest Vietnam.

Sapura Energy Secures Contracts Worth More Than RM500 Mln In Thailand

KUALA LUMPUR, July 25 (Bernama) -- Sapura Energy Bhd (SEB) has secured two contracts from its long-term clients in Thailand, with a combined value exceeding RM500 million.

Tariffs, Domestic And International Uncertainties Dominate Malaysia’s Shipping Sector In First Half Of 2025

KUALA LUMPUR, July 22 (Bernama) – Malaysia’s shipping industry navigated cautiously in the first half of 2025, as industry players assessed market conditions and challenges, operating in a complex environment that demanded a measured and deliberate strategy.

Westports Container Traffic Rises In 2Q, Receives Boost From Gemini Shipping Alliance

KUALA LUMPUR, July 7 (Bernama) -- Westports Holdings Bhd’s container volumes are estimated to be higher in the second quarter of 2025 (2Q 2025) compared to 0.6 per cent recorded in the 1Q 2025 due to the start of the Gemini Cooperation shipping alliance from Feb 1, 2025, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).

Sabah’s Aerial Tech Showcases Full-Scope Drone Capabilities At SOGCE 2025

By Jailani Hasan

KOTA KINABALU, July 4 (Bernama) -- Sabah’s own Aerial Tech and Defense System Sdn Bhd is making waves at the Sabah Oil, Gas and Services Exhibition (SOGSE) 2025 by showcasing its comprehensive unmanned aerial vehicle (UAV) capabilities. 

Malaysia To Welcome Maiden Chinese Homeport Cruise Via Hwajing-Astro Ocean Partnership

GEORGE TOWN, July 4 (Bernama) — Malaysia is set to welcome its first Chinese cruise ship to be homeported in the country with the arrival of M/V Piano Land, following a strategic partnership between Hwajing Travel & Tours Sdn Bhd and Chinese cruise line Astro Ocean Cruise.

MIDF Amanah: Strait Of Hormuz Closure Poses Limited Risk To Malaysia

KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

PTP Scores Third Consecutive Month Of Record Throughput With 1.27 Million TEUs In May

ISKANDAR PUTERI, June 5 (Bernama) – Port of Tanjung Pelepas (PTP) set another operational milestone in May by handling 1.27 million twenty-foot equivalent units (TEUs), marking the third consecutive month of new throughput highs.

MISC Shares Down On Weaker 1Q FY2025 Results

KUALA LUMPUR, May 29 (Bernama) -- MISC Bhd’s shares fell in early trade after its net profit for the first quarter ended March 31, 2025 (1Q FY2025) dropped year-on-year on the back of lower revenue for the quarter. 

Lower Revenue From Key Segments Weighs On MISC’s 1Q 2025 Earnings

KUALA LUMPUR, May 28 (Bernama) -- MISC Bhd’s net profit eased to RM705.70 million in its first quarter ended March 31, 2025 (1Q 2025) from RM759.90 million in the same period a year earlier on the back of lower revenue for the quarter.