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There are 104 news based on search keyword " shipping"

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.

Can-One Posts Net Loss Of RM100.53 Mln In 3Q

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.

Sapangar Bay Port Trade Hub To Positively Impact Sabah's Economy

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.

MISC Bhd’s 3Q Net Profit Eases To RM338.90 Mln In 3Q 2024

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.

Madani Economic Framework Initiatives To Be Key Focus In Ahmad Zahid's Official Visit To UAE

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.

Liubao Tea: A Century Of Trade, Transformation, Global Expansion

KUALA LUMPUR, Nov 12 (Bernama) -- A century ago, Liubao tea, sourced from the remote mountains of Wuzhou, began its journey along a vast shipping route that bridged land and sea, fuelling a path of trade.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.