US Keen to Cooperate on Energy, Climate with Sarawak
The United States (US) has reiterated its commitment to strengthening relations and cooperation with Sarawak, especially in relation to...
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MTT Shipping
Oct 6, 20222 min read
Mediterranean Markets Face ‘Potential Feeder Containership Shortage’
The impact of environmental regulations on an older fleet could tighten available tonnage in southern Europe, according to Daniel...
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MTT Shipping
Oct 6, 20222 min read
Singapore's Stock Index the Sole Winner Among Developed Markets This Year
As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city state have held up...
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MTT Shipping
Oct 5, 20222 min read
End-to-End Shipboard Carbon Capture Initiative Launched
The Global Centre for Maritime Decarbonisation (GCMD), the Oil and Gas Climate Initiative (OGCI) and Stena Bulk launched the project...
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MTT Shipping
Sep 30, 20222 min read
Oil Steadies on Prospect of OPEC+ Output Cut, Weaker US Dollar
Oil prices were little changed in early trade on Friday but headed for their first weekly gain in five weeks, underpinned by a weaker US...
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MTT Shipping
Sep 29, 20222 min read
Malaysia and UK to Focus on Emerging Technology, Investments in Digital Economy
Malaysia and the United Kingdom (UK) have agreed to focus on emerging technologies, including the digital economy and cyber security...
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MTT Shipping
Sep 29, 20222 min read
Malaysia's PPI Eases Further to 6.8% in August
Malaysia’s producer price index (PPI) for local production eased further to 6.8% in August compared to 7.6% in the previous month, the...
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MTT Shipping
Sep 29, 20222 min read
Asian Currencies Decline Against Buoyant US Dollar; Thai Baht Slumps Over 1%
Most emerging Asian currencies weakened against a stronger US dollar on Thursday (Sept 29), with Thailand's baht shedding more than 1%...
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MTT Shipping
Sep 29, 20222 min read
Wind-Powered Cargo Capacity Breaks Through 1M DWT Mark
Wind propulsion has progressed from a perceived blue sky technology in the previous decade to gaining industry interest in recent years....
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MTT Shipping
Sep 28, 20222 min read
Palm Hits Lowest in Over 1-1/2 Years as Recession Fears Dent Demand
The Malaysian palm oil futures on Wednesday (Sept 28) extended losses for a fifth straight day, and hit a near 20-month low during the...
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MTT Shipping
Sep 28, 20222 min read
Ports of Halifax and Hamburg Forge Ties on Hydrogen, Green Energy Corridor
The Halifax Port Authority and Hamburg Port Authority have joined hands on decarbonizing the shipping corridor between Halifax, on...
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MTT Shipping
Sep 23, 20222 min read
Case Study into Oil and Gas Platform Electrification with Wave Energy Delivers ‘Promising Results’
A case study, conducted by Ocean Harvesting Technologies and Lundin Energy Norway, has shown that wave power could provide significantly...
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MTT Shipping
Sep 9, 20223 min read
Ukraine Sailor Permits Seen Crucial for Grain Exports, Global Shipping
Ukraine’s decision to allow its seafarers to leave the country despite wartime restrictions will free up vital manpower for both...
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MTT Shipping
Sep 9, 20222 min read
Oil Prices Swing After 6% Dive on Demand, China Concerns
Oil endured a choppy session after slumping Wednesday, with investors fretting over global demand as China continues to struggle with...
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MTT Shipping
Sep 8, 20221 min read
New Route to be Built in Melaka to Link Malaysia and Indonesia
A new route to link Malaysia and Indonesia, via Telok Gong in Masjid Tanah here and Dumai in Sumatra, involving a distance of about 120km...
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MTT Shipping
Sep 8, 20222 min read
Sulphur Cap has Resulted in a 77% Drop in SOx Emissions from Ships: IMO
With 115 days to go until the most significant global environmental regulations to hit shipping since the global sulphur cap – often...
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MTT Shipping
Sep 8, 20222 min read
Asian Stocks, Currencies Climb; Malaysia Central Bank Meeting Awaited
Most Asian currencies rose on Thursday (Sept 8) in cautious trade as investors awaited a speech by US Federal Reserve Chair Jerome...
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MTT Shipping
Sep 7, 20222 min read
Sabah has Potential to Develop Industries with High Returns, Says Teraju
Sabah has the potential to develop industries with high returns such as agriculture, said the Bumiputera Agenda Steering Unit (Teraju)....
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MTT Shipping
Sep 6, 20221 min read
Global Cargo Handling Equipment Market to Hit US$34 Billion by 2027
The global cargo handling equipment market is projected to reach US$34.03 billion by 2027 from US$25.67 billion in 2021, at a CAGR 4.8%...
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MTT Shipping
Sep 6, 20221 min read
Shanghai Port Opens Giant Empty Container Transportation Centre
An empty container transportation centre has opened in Shanghai, the world’s largest container port. The giant new facility located in...
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