MSC Gets Onboard Singapore’s Decarbonisation Drive
Mediterranean Shipping Co (MSC) has partnered with the Singapore-based Global Centre for Maritime Decarbonisation (GCMD), committing to a...
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MTT Shipping
Mar 16, 20232 min read
Box Lull Sees Change in Global Container Flows
The lull in box volumes is resulting in falling congestion and also in changes in container flows as reflected in the Container xChange...
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MTT Shipping
Mar 16, 20232 min read
Share of Ships with Scrubbers Seen Rising Despite 24% Fall in Fittings in 2022
Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and tanker ships have a...
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MTT Shipping
Mar 15, 20231 min read
Renewable Energy Development to Become Sarawak's Priority in Achieving Net-Zero Emissions Future
Sarawak is prioritising the development of renewable energy sources such as solar, wind and hydroelectric power to achieve a net-zero...
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MTT Shipping
Mar 15, 20231 min read
Malaysia, UK Discuss Strategic Cooperation
Malaysia and the United Kingdom are examining ways to strengthen bilateral ties while looking into potential strategic cooperation in a...
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MTT Shipping
Mar 15, 20234 min read
Blue Fuels are a Vital Component of the Maritime Energy Transition
In looking beyond fossil fuels, shipping’s regulators should not seek to cut the industry off from the sources it needs to shift towards...
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MTT Shipping
Mar 9, 20233 min read
Malaysia has Strong, Imperative Commitment to Asean, China, says Zafrul
Malaysia sees its commitment to Asean as a strategic imperative in its engagement with other Asean member states and China, said...
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MTT Shipping
Mar 9, 20231 min read
Malaysia’s GDP Expected to Grow 4%-5% in 2023, Says RAM Ratings
Malaysia’s gross domestic product (GDP) growth is expected to be around 4% to 5% in 2023, amid global headwinds such as inflationary...
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MTT Shipping
Mar 8, 20231 min read
Oil Stabilises as Surprise US Crude Draw Offsets Rate Hike Jitters
Oil prices steadied in early Asian trade on Wednesday (March 8) as industry data showed a draw in US crude oil inventories, after the...
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MTT Shipping
Mar 7, 20231 min read
Singapore Announces Clean Harbour Craft Rules
Singapore’s senior minister of state for transport Chee Hong Tat has announced that from 2030, new harbor craft operating in the...
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MTT Shipping
Mar 7, 20231 min read
Charter Market: A Promising Short-Term Outlook for NOOs
The container charter market continues to evolve favourably for non-operating owners (NOOs) with demand gathering pace across most size...
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MTT Shipping
Mar 7, 20233 min read
China’s Exports Extend Declines, Adding Pressure to Economy
China’s exports and imports continued to decline in the first two months of the year, clouding the outlook for the economy as it...
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MTT Shipping
Mar 6, 20231 min read
Rafizi: Malaysia Should Focus on Hydrogen, Biomass and Ammonia as Alternative Energy Sources
Economy Minister Mohd Rafizi Ramli said that Malaysia should focus on producing alternative energy sources such as biomass, ammonia, and...
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MTT Shipping
Mar 6, 20232 min read
Energy Security, Affordability Remain Foundational Expectations Among Consumers, Says EY
Energy security and affordability remain foundational expectations among consumers, according to the Ernst & Young (EY) “Energy...
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MTT Shipping
Mar 2, 20232 min read
Oil Prices Slip as Global Demand Concerns Weigh
Oil slipped on Thursday on worries about rising US crude inventories and concerns about more rate hikes in Europe potentially hitting...
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MTT Shipping
Mar 2, 20232 min read
Malaysia, Philippines to Explore Further Cooperation in Various Sectors
Malaysia and the Philippines have agreed to explore further cooperation in various sectors as both neighbouring countries seek ways to...
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MTT Shipping
Mar 2, 20231 min read
China Likely to Dominate 2023 Oil Demand Growth: MSI
Tanker markets have performed well over the first two months of the year, with sharp increases in spot earnings in both the crude and...
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MTT Shipping
Mar 1, 20232 min read
Moody's Maintains Stable Outlook on 13 APAC Banking Systems Including Malaysia
Moody’s Investors Service has maintained a stable outlook on 13 Asia-Pacific (APAC) banking systems, including Malaysia. In a statement...
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MTT Shipping
Mar 1, 20233 min read
New Phase of Suez Canal’s Digital Transformation Project Launched
The European Bank for Reconstruction and Development (EBRD) has launched the second phase of its technical support program to digitalise...
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