Port Klang Authority Signs Joint Declaration to Keep Ports Open
Port Klang Authority (PKA) has signed a joint declaration with 19 international port authorities to keep their ports open to seaborne...
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MTT Shipping
Apr 30, 20202 min read
SC, Bursa Malaysia Suspend Short-Selling to June 30
The Securities Commission (SC) and Bursa Malaysia have extended the temporary suspension of short-selling from April 30 to June 30,2020,...
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MTT Shipping
Apr 30, 20201 min read
Government Must Allow Industries in Perak to Operate During the MCO – MB
Perak Menteri Besar Ahmad Faizal Azumu wants the federal government to consider allowing industrial sectors that could contribute to the...
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MTT Shipping
Apr 30, 20201 min read
Drewry: Port Throughput Down 15.6% in February
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample...
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MTT Shipping
Apr 30, 20202 min read
Transportation of Essential Goods Allowed to Operate at Full Capacity, Says FMFF
Logistics and transportation operators that have the approval from the Ministry of International Trade and Industry (MITI) to operate...
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MTT Shipping
Apr 30, 20202 min read
HMM Unveils World’s Biggest Container Ship
Hyundai Merchant Marine (HMM) has unveiled the biggest container ship in the world, the HMM Algeciras, at a ceremony attended by South...
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MTT Shipping
Apr 30, 20201 min read
Sabah Allows Ops Of 44 Private Jetties for Handling Oil Palm, Petroleum Products
The Sabah state government has allowed the operation of 44 private jetties used for the handling of oil palm and petroleum products...
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MTT Shipping
Apr 24, 20203 min read
EPF Launches E-CAP to Assist SMEs Impacted By COVID-19
The Employees Provident Fund (EPF) has launched the Employer Covid-19 Assistance Programme (e-CAP) to support small- and...
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MTT Shipping
Apr 24, 20201 min read
Scrubber Retrofits Continue Despite Historic Oil Price Crash
Containership owners are continuing with their scrubber retrofit programs despite a dramatic fall in oil prices. The unprecedented...
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MTT Shipping
Apr 24, 20202 min read
Sabah To Begin Collecting 5.0% Sales Tax on Petroleum Products on Or Before May 28
The Sabah government is expected to begin collecting the five per cent sales tax on petroleum products on or before May 28 for the April...
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MTT Shipping
Apr 24, 20203 min read
Asean-BAC Calls for Uninterrupted Supply Chains for Essential Food in Member States
The Asean Business Advisory Council (Asean-BAC), in pledging to work closely with Asean nations in their fight to contain Covid-19, has...
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MTT Shipping
Apr 24, 20201 min read
Inactive Fleet Starts to Climb Again with More to Come
The inactive containership fleet has renewed its climb, reaching 385 units for 2.20 Mteu as at 13 March, with more ships expected to join...
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MTT Shipping
Apr 24, 20202 min read
BNM Expected to Cut OPR by Another 75 Basis Points: CGS-CIMB
CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75...
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MTT Shipping
Apr 17, 20202 min read
Bursa Malaysia Enters MoU With Shenzhen Stock Exchange for Cross-Border Collaboration
Bursa Malaysia Bhd has entered into a memorandum of understanding (MoU) with Shenzhen Stock Exchange (SZSE) to broaden opportunities in...
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MTT Shipping
Apr 17, 20202 min read
IMF: After 2020 Contraction, Malaysia GDP To Soar By 9pct in 2021
The International Monetary Fund (IMF) has projected that Malaysia’s real gross domestic product (GDP) will grow at a rate of nine per...
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MTT Shipping
Apr 17, 20202 min read
China Will Lead US$1.5bn Autonomous Shipping Market By 2025
A research report by technology and innovation consultancy Thetius predicts China will lead all other nations by developing and...
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MTT Shipping
Apr 17, 20201 min read
Malaysia Says Welcomes OPEC+ Pact to Cut Crude Oil Output
Malaysia has agreed to cut its crude oil production by 136,000 bpd for May and June despite being a small producer and net importer of...
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MTT Shipping
Apr 17, 20201 min read
Idle Containership Fleet Set to Hit 3m TEU – Alphaliner
The idle containership fleet is expected to breach the 3m TEU mark as lines blank more sailings and withdraw services according to...
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MTT Shipping
Apr 17, 20202 min read
Malaysia More Resilient Than Many Countries: World Bank
The World Bank says Malaysia will be deeply affected by the Covid-19 shocks but there are a slew of factors that make it more resilient...
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MTT Shipping
Apr 10, 20201 min read
Shipping Industry Sees Growth in Remote Surveys in Times of Coronavirus Crisis
As the maritime industry adjusts to the constraints placed on people’s movements imposed by governments to limit the spread of the...
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