Port of Singapore Eyes More Clean Fuel Options
In order to remain the world’s top bunkering hub, the Port of Singapore needs to look beyond liquefied natural gas (LNG), toward other...
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MTT Shipping
Jan 12, 20212 min read
MPOB Expects Palm Oil Exports Revenue to Reach RM74 Bil
Export revenue from palm oil and palm oil products this year is expected to increase by 2.4% to RM74 billion versus the RM72.30 billion...
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MTT Shipping
Jan 12, 20212 min read
Malaysia Records 1.2% Fall in Wholesale, Retail Trade Sales for November 2020
Malaysia recorded wholesale and retail trade sales of RM110.4 billion in November 2020, down by 1.2% year-on-year (y-o-y), according to...
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MTT Shipping
Jan 8, 20211 min read
Call for Shippers to Take More Responsibility for Supply Chain Safety
International freight transport and logistics insurer TT Club has urged owners to step up their awareness of safety issues arising from...
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MTT Shipping
Jan 7, 20212 min read
Agri-Commodity Sector Recorded 10.6% Trade Value Growth in January to November, Says Khairuddin
The agri-commodity sector recorded RM169.2 billion in trade value for the first 11 months of last year, up 10.6% against RM153 billion in...
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MTT Shipping
Jan 6, 20212 min read
PKA Implements Measures to Ease Congestion in Port Klang
The Port Klang Authority (PKA) has taken several steps to overcome container and ship congestion in Port Klang which has been occurring...
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MTT Shipping
Jan 4, 20212 min read
Malaysia's PMI Up At 49.1 In December, Highest Since August
Malaysia's Purchasing Managers' Index (PMI) rose to 49.1 in December, from 48.4 in November, the highest since the 49.3 reading in...
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MTT Shipping
Dec 30, 20203 min read
HMM And CMA CGM Realize Biggest Fleet Growth In 2020
The ranking of the top-12 carriers has changed this year with HMM jumping from the 10th to 8th place after a 85% fleet capacity increase....
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MTT Shipping
Dec 30, 20202 min read
Five South Korean Carriers form ‘K-Alliance’
Five South Korean Carriers have signed a codeshare agreement for services between South Korea and South East Asia. At the urging of South...
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MTT Shipping
Dec 10, 20202 min read
Shipping Industry and Asian Nations Object to EU Pollution Plan
Plans to extend the world’s biggest carbon market into shipping drew criticism from the industry and Asian nations, highlighting growing...
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MTT Shipping
Dec 10, 20202 min read
Maybank Kim Eng Expects Malaysian Economy to Grow 5.1% In 2021
Maybank Kim Eng expects the Malaysian economy to grow by 5.1% in 2021 after a contraction of 5.4% in 2020, but warned that political...
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MTT Shipping
Dec 10, 20202 min read
Oil Steadies Despite Massive Build in U.S. Crude Stocks
Oil prices settled little changed on Wednesday as investors weighed an unexpected jump in U.S. crude stockpiles against optimism that a...
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MTT Shipping
Dec 10, 20201 min read
RCEP Deal Could Boost Global Container Volumes By 2pc
New intra-Asia economic deals could boost the total global container volumes by two per cent or 3.3 million TEU by 2030, reports IHS...
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MTT Shipping
Nov 6, 20202 min read
New ICS Report Sheds Light on Diversity in Shipping
Women make up just 7.5 percent of the world’s seafarers, according to a first-of-its-kind report looking into diversity within the...
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MTT Shipping
Nov 4, 20202 min read
BNM Maintains OPR at 1.75% At Final Monetary Policy Meeting For 2020
Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.75% today as the country’s economic activity is...
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MTT Shipping
Oct 30, 20203 min read
Malaysia's E&E Sector Set to Benefit from China's 14th Five-Year Plan — Economists
Malaysia's electrical and electronics (E&E) sector stands to benefit from China's 14th Five-Year Plan (2021-2025), where the world's...
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MTT Shipping
Oct 29, 20203 min read
September Export Rebounds to Near Two-Year High but Bumpy Recovery Ahead
Malaysia’s exports grew 13.6% to RM88.9 billion in September from a year earlier, the largest year-on-year expansion in nearly two years,...
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MTT Shipping
Oct 29, 20202 min read
Too High CO2 Liners to Face Serious Negative Consequences
The International Chamber of Shipping (ICS) has welcomed the comprehensive CO2 reduction rules from the UN's International Maritime...
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MTT Shipping
Oct 29, 20201 min read
Strong Demand and Tight Supply: Inactive Containership Fleet Continues to Shrink
The inactive containership fleet continues to shrink as strong transport demand creates vessel employment opportunities. The fact that...
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MTT Shipping
Oct 29, 20201 min read
CPO Prices Exceed RM3,000 Per Tonne, Highest In 2020
Malaysia's crude palm oil (CPO) prices have shown a significant uptrend at above the RM3,000 per tonne level, the highest level in 2020,...
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