4d ago
LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.
2m ago
KUALA LUMPUR, Oct 16 (Bernama) -- The shipbuilding and ship repair (SBSR) sector has attracted investments worth over RM1 billion in shipbuilding projects and maintenance, repair and overhaul (MRO) services from 2021 to mid-2025.
4m ago
KUALA LUMPUR, Aug 19 (Bernama) -- The Pahang State Government, through the Pahang State Secretary Incorporated (PSK) in collaboration with Teroka Majubina Holdings Bhd, today signed a lease agreement for the development of the Tanjung Agas Hybrid Shipyard Complex in Pekan, Pahang, with a total investment value of RM75 billion.
4m ago
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).
6m ago
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.
6m ago
KUALA LUMPUR, June 13 (Bernama) -- Lumut Naval Shipyard Sdn Bhd (LUNAS) continues its drive to be a major national defence industry player by signing a memorandum of understanding (MoU) with famous Turkish defence engineering firm Savunma Teknolojileri Muhendislik ve Ticaret A.S. (STM).
6m ago
From Kisho Kumari Sucedaram
BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.
7m ago
KUALA LUMPUR, May 27 (Bernama) -- Shin Yang Group Bhd’s (Shin Yang) wholly-owned subsidiary, Shin Yang Shipyard Sdn Bhd, has received a Letter of Intent (LOI) from the Ministry of Home Affairs to appoint as a contractor for works on offshore patrol vessels (OPVs).
7m ago
LANGKAWI, May 20 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT) has launched four strategic industry reports aimed at guiding policymakers, investors, and industry players in identifying opportunities, risks, and mitigation strategies.
7m ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 19 (Bernama) – Keyfield International Bhd, an offshore support vessel (OSV) provider, is adopting a cautiously optimistic outlook for the financial year ending December 31, 2025 (FY2025), despite a slower-than-usual start to the year and broader macroeconomic uncertainties.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) – OCBC Bank has appointed George Lee Lap Wah as the chairman of OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd (OCBC Al-Amin) effective today.