Malaysia Sees Central Asian Countries as New Axis of Growth
Central Asian countries have the potential to be the New Axis of Growth for Malaysia, offering huge opportunities for enhanced...
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MTT Shipping
Jun 30, 20222 min read
OPEC+ Sticks to Oil Output Policy, Avoids Debate on September Plans
OPEC+ said on Thursday it would stick to its planned oil output hikes in August but avoided discussing policy from September onwards even...
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MTT Shipping
Jun 29, 20221 min read
US Outbound Container Volume Drops for 12th Month Straight
According to the McCown Report, East Coast and Gulf Coast imports helped inbound volumes rise 2.9% in May across the top 10 US ports,...
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MTT Shipping
Jun 27, 20222 min read
Smart Container Fleet Predicted to Expand Eight-Fold Over the Next Five Years
The global telematics enabled container equipment fleet is forecast to grow eight-fold over the next five years and account for 25% of...
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MTT Shipping
Jun 25, 20221 min read
Malaysia Plans Record $18 Billion Subsidy Spend in Inflation Fight
Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to...
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MTT Shipping
Jun 10, 20222 min read
US Ports Stretched as Retailers Set to Begin Their Peak Season
VESSEL backlogs at the heart of US supply chain congestion have receded in some places, but cropped up in others, including in east coast...
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MTT Shipping
Jun 9, 20223 min read
Containerships Can Cut Emissions by 14 per cent Through Just In Time Arrivals
Containerships can reduce fuel consumption and resulting carbon dioxide emissions by 14 per cent on a per voyage, a new study has found....
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MTT Shipping
Jun 9, 20222 min read
Oil Slips on China Lockdowns, but Bullish Trends Intact
Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new COVID-19 lockdown measures, as...
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MTT Shipping
Jun 9, 20222 min read
Malaysia’s Wholesale, Retail Trade Sales Up 15.2% to RM128b in April 2022
Malaysia’s wholesale and retail trade sales increased by 15.2% year-on-year (y-o-y) to register RM128 billion in April 2022, according to...
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MTT Shipping
Jun 7, 20222 min read
Shanghai Port Congestion Nearly Back to Normal Levels
As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to data from...
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MTT Shipping
Jun 5, 20222 min read
Worries From International Investors Among Temporary Factors of Ringgit Depreciation
Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the...
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MTT Shipping
Jun 2, 20222 min read
MyORI Services Launches App to Combat Counterfeit Products in Malaysia
MyORI Services Sdn Bhd has launched the MyORI SmartSecure, a patent-pending secure labelling platform, to combat counterfeit products in...
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MTT Shipping
May 24, 20221 min read
MTT Shipping Welcomes the Newest River Ship in its Fleet – MTT Sarikei
MTT Shipping took delivery of its 2nd river ship in a virtual video conference on the 23rd of May 2022. MTT Sarikei is the 17th container...
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MTT Shipping
May 23, 20221 min read
Malaysia, Uzbekistan to Strengthen Bilateral Ties in Numerous Fields
Malaysia dan Uzbekistan are to strengthen further bilateral ties and cooperation in fields like trade, investment, tourism, education,...
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MTT Shipping
May 23, 20222 min read
Oil Gains on Tight Fuel Supplies While Recession Fears Grow
Oil extended four weeks of gains amid tight fuel supplies and a weaker dollar, though elevated prices are fanning concerns that the world...
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MTT Shipping
May 21, 20222 min read
MoF: 1Q22 GDP Growth, Economic Indicators Indicate Economic Recovery Has Begun
The Malaysian economy's return to a stronger footing in the first quarter of 2022 (1Q22) with a gross domestic product (GDP) growth of 5%...
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MTT Shipping
May 20, 20222 min read
Transport Ministry to Turn Labuan into Regional Maritime Hub
The Ministry of Transport (MOT) has seen the potential of Labuan to be turned into a regional maritime hub owing to its developing...
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MTT Shipping
May 20, 20222 min read
Port of Antwerp-Bruges Readies for First Hydrogen-Powered Tugboat
Port of Antwerp-Bruges and cleantech company CMB.TECH are preparing to soon welcome the Hydrotug, the first hydrogen-powered tugboat,...
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MTT Shipping
May 19, 20221 min read
Major Chinese Ports Container Volume Back to Growth in Late April
Container volume at eight major Chinese ports increased 5.8% year-on-year in late April following the operational resumption of factories...
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MTT Shipping
Apr 21, 20222 min read
A Prolonged China Slowdown Raises Risks for Global Economy, IMF Chief Says
A prolonged slowdown in China would have substantial global spillovers, IMF Managing Director Kristalina Georgieva said on Thursday, but...
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