Methanol Propulsion Gains Ground but Fuel is Mostly Fossil-Based
Methanol as fuel is proving an attractive option for owners and operators, with 26 ships already in operation and a further 130 on order,...
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MTT Shipping
Jul 5, 20231 min read
Ransomware Attack Cripples Japan’s Biggest Port
The Port of Nagoya in Japan has become the latest big name in maritime to be hit by a ransomware attack. A crippling system glitch was...
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MTT Shipping
Jun 28, 20231 min read
MTT Shipping Shariah-Compliant Sustainability-Linked Treasury Programme with CIMB Islamic
MTT Shipping has entered into a Shariah-compliant Sustainability-Linked Treasury Programme with CIMB Islamic Bank Bhd. The programme...
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MTT Shipping
Jun 27, 20231 min read
China’s Shipbuilding Industry Sees Large Growth
China’s shipbuilding industry saw new vessel orders surge 49.5 percent year-on-year in the first five months of 2023, official data...
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MTT Shipping
Jun 27, 20233 min read
Zafrul: ESG Framework for Manufacturing Sector to Enable It to Tap into US$200B Opportunity
The National Industry Environmental, Social and Governance framework (i-ESG) for the manufacturing sector, to be launched by September...
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MTT Shipping
Jun 27, 20233 min read
Carbon Capture Projects to Get a Boost in SEA as Fossil Fuel Stays Big in Power Generation
Carbon capture projects in Southeast Asia are likely to attract strong interest from governments and investors as energy demand in the...
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MTT Shipping
Jun 27, 20232 min read
Oil Prices Fall Ahead of US Stocks Data
Oil prices slipped on Tuesday (June 27) ahead of data shedding light on US appetite for fuel during the summer driving season, with the...
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MTT Shipping
Jun 27, 20232 min read
Refiners and Traders Need to Brace for Uncertainties Led by Energy Transition
Volatile oil prices and the energy transition agenda sweeping across Southeast Asia have prompted traders and refiners to apply...
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MTT Shipping
Jun 27, 20233 min read
BNM Says It Will Intervene in Forex Market to Stem Excessive Currency Movements
In an effort to stabilise the ringgit, Bank Negara Malaysia (BNM) on Tuesday (June 27) said it will intervene in the foreign exchange...
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MTT Shipping
Jun 26, 20232 min read
Shipping Shown Path to Halve Emissions This Decade
The global shipping industry can reduce emissions by nearly 50% by the end of the decade, according to a new study by CE Delft. These...
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MTT Shipping
Jun 23, 20231 min read
Thank You Superheroes of MTT Shipping's Blood Donation Drive
MTT Shipping, in collaboration with Hospital Tengku Ampuan Rahimah Klang (HTAR), recently organized a successful Blood Donation Drive on...
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MTT Shipping
Jun 23, 20231 min read
Sail, Solar, and Battery Retrofit Solution Gets Approval
A retrofit solution involving rigid sails, solar panels, and batteries has received an approval in principle from Italian class society...
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MTT Shipping
Jun 22, 20232 min read
Oil Eases on Uncertain Demand, Market Eyes US Inventory Data
Oil futures dipped on Thursday (June 22) amid demand fears after the Federal Reserve chairman hinted at further interest rate hikes,...
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MTT Shipping
Jun 22, 20232 min read
Malaysian Palm Oil Industry Set to Tap More Opportunities in Asean Market
The Malaysian palm oil industry is poised to capitalise on the vast opportunities offered by the Philippines, Vietnam and Myanmar,...
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MTT Shipping
Jun 22, 20232 min read
Drought-Hit Panama Canal Further Restricts Maximum Ship Depth
The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world's busiest trade passages, the...
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MTT Shipping
Jun 22, 20232 min read
Fahmi: Malaysia can Become Asia's Digital Hub with Better Policies in Place
The government is in the midst of preparing better policies and laws related to data and cyber security to make Malaysia the digital hub...
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MTT Shipping
Jun 22, 20232 min read
EU Sanctions Take Aim at Ship-to-Ship Transfers
Ships caught carrying out ship-to-ship (STS) transfers of suspected Russian oil in European waters will be banned from European Union...
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MTT Shipping
Jun 22, 20232 min read
Shipping Urged to Tackle Steel Scope 3 Emissions
Shipping must start to think about the steel it uses in addressing future scope 3 greenhouse gas (GHG) emissions concerns, a new study...
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MTT Shipping
Jun 22, 20232 min read
Spain's Green Corridor Potential Hailed by GMF
A study by the Global Maritime Forum (GMF) has identified Spain as a likely front-runner in shipping’s decarbonisation drive through the...
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MTT Shipping
Jun 21, 20232 min read
Global Banking and Investment Services IT Spending to Reach US$652 Bil in 2023, Says Gartner
Worldwide banking and investment services IT spending is forecast to rise 8.1% year-on-year to US652.1 billion in 2023, according to...
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