Malaysia Will Ride Out COVID-19 Storm Better Than Others, Says World Bank
The World Bank is confident of Malaysia's fiscal resilience to withstand the onslaught of the economic crisis caused by the COVID-19...
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MTT Shipping
Jul 3, 20201 min read
MIDF Amanah Expects Malaysia's Trade Performance to Improve In 2H20
MIDF Amanah Investment Bank Bhd expects Malaysia’s trade performance to gradually improve in the second half of 2020 in line with...
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MTT Shipping
Jul 3, 20202 min read
Exports of Malaysian Palm Oil to Africa Set to Rise This Year
The exports of Malaysian crude palm oil (CPO) to the African continent are expected to increase to about nine million tonnes this year,...
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MTT Shipping
Jul 3, 20202 min read
Saudi Arabia Makes Good on OPEC+ Oil Cuts
Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Observed Saudi crude exports for...
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MTT Shipping
Jun 19, 20201 min read
Maersk Says Demand Developing Better Than Expected
A.P. Moller-Maersk A/S said the development in the second quarter has been better than the world’s largest container shipping company...
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MTT Shipping
Jun 19, 20201 min read
MITI Extends Project Implementation Period By 12 Months For Manufacturing Sector
The licensing officer of the Ministry of International Trade and Industry (MITI) has agreed to grant a 12-month extension of the project...
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MTT Shipping
Jun 19, 20202 min read
PTP Continues To Boost Terminal Performance Amid COVID-19 Pandemic
Port of Tanjung Pelepas (PTP), a member of the MMC Group, has welcomed 4 new ship to shore (STS) quay cranes as it continues its drive to...
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MTT Shipping
Jun 19, 20203 min read
7 Important Lessons from MCO
Almost three months into MCO, lives of Malaysians have changed drastically; daily activities that were taken for granted such as going to...
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MTT Shipping
Jun 19, 20202 min read
Oil Prices Rise on Faith in Supply Cuts, Demand Recovery
Oil prices pushed higher in early trade on Friday, building on gains in the previous session, after OPEC producers and allies promised to...
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MTT Shipping
May 29, 20202 min read
Malaysia In Good Position to Benefit from Japan’s Economic Stimulus Package, Says Ambassador
Asean member states, particularly Malaysia, will be in good position to reap benefits from Japan’s economic stimulus package due to its...
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MTT Shipping
May 29, 20202 min read
IMO Industry Alliance Intensifies Efforts to Cut Ship Emissions
The Global Industry Alliance (GIA) to Support Low Carbon Shipping – a key International Maritime Organization (IMO) initiative...
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MTT Shipping
May 29, 20202 min read
China, India Soak Up Oil from Floating Storage as Demand Recovers
The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India,...
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MTT Shipping
May 29, 20203 min read
UN Agencies Call for Action on Crew Change
The heads of the maritime, labor and aviation organizations of the United Nations have issued a plea for urgent action on crew changes...
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MTT Shipping
May 29, 20201 min read
Government Expects Businesses to Ramp Up Productivity Soon
The government is anticipating more businesses to reopen next week after the Hari Raya Aidilfitri celebration and resume their full...
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MTT Shipping
May 29, 20203 min read
U.S. Sanctions Guidance Raises Hurdles for Global Maritime Industry
Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administration’s new...
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MTT Shipping
May 29, 20202 min read
Malaysia Chairs First Ever Virtual Apec Senior Officials' Meeting
Malaysia has successfully chaired the Asia-Pacific Economic Cooperation (Apec) Virtual Extraordinary Senior Officials’ Meeting (Vesom) on...
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MTT Shipping
May 22, 20202 min read
Switch to Electronic Bills of Lading Could Save Shipping Billions Every Year
The container shipping industry could save itself up to $4bn a year if half of all bills of lading (B/Ls) were dealt with digitally,...
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MTT Shipping
May 22, 20202 min read
Malaysia Signs Record Rice Import Deal with India
Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials...
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MTT Shipping
May 22, 20201 min read
Focus on Transport Connectivity, Development in Sabah, Sarawak, King Decrees
Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah wants the government to continue with efforts and...
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MTT Shipping
May 22, 20202 min read
MMC Looking to Expand Overseas to Strengthen Presence
MMC Corporation Bhd is looking to expand overseas to enable the group to establish a bigger presence that will lead to more...
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