Penang Port Eyes 50,000 Teus Transhipment Throughput For 2021
Penang Port Sdn Bhd expects the North Butterworth Container Terminal (NBCT) — which was gazetted as a free commercial zone (FCZ)...
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MTT Shipping
Apr 22, 20212 min read
Singapore Launches $90 Million Decarbonization Fund for Shipping
The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the shipping industry’s greenhouse...
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MTT Shipping
Apr 22, 20212 min read
Oil Prices Drop 2% On U.S. Crude Build, COVID-19 Surge in India
Oil prices on Wednesday fell for a second day to their lowest in a week on a surprise build in U.S. crude inventories and concerns...
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MTT Shipping
Apr 19, 20212 min read
Seaport Segment Poised to Grow Further In 2021 As Global Trade Recovery Gains Momentum
AmInvestment Bank Research maintained its "overweight" stance on the transportation and logistics sector as the research firm believes...
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MTT Shipping
Apr 8, 20212 min read
IMF Maintains Malaysia's GDP Growth At 6.5% This Year
The International Monetary Fund (IMF) maintains its forecast on Malaysia’s gross domestic product (GDP) growth this year at 6.5%,...
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MTT Shipping
Apr 5, 20212 min read
ASEAN Manufacturing Sector Rebounded in March — IHS Markit
The ASEAN manufacturing sector returned to growth in March, following declines in February, as output and orders increased during March....
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MTT Shipping
Apr 2, 20212 min read
DOSM: Export, Import Unit Value Indices Remained Positive in February
Malaysia’s export and import unit value indices continued to record a positive growth in February 2021, at 1.2% month-on-month (m-o-m)...
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MTT Shipping
Feb 26, 20211 min read
MTT Shipping’s First Virtual Closing: The Delivery of MV MTT Samalaju
MTT Shipping kicks off the year of the ox by taking delivery of MTT Samalaju on the 5th of February. With the COVID-19 global pandemic...
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MTT Shipping
Feb 26, 20212 min read
Oil Prices Fall on Rising US Dollar, Expectations for Supply Gains
Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations grew that with oil prices back...
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MTT Shipping
Feb 25, 20212 min read
Malaysian Economy Expected to Turn Positive This Year on Covid-19 Vaccine Roll Out
Malaysia's economy is expected to show better prospects in the next few months based on the Leading Index performance which recorded...
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MTT Shipping
Feb 22, 20212 min read
Malaysia's Labour Productivity Contracts 5.4% In 2020 Due to Covid-19 — MPC
Malaysia’s labour productivity fell 5.4% in 2020 — the first contraction since the 2009 Global Financial Crisis — as the Covid-19...
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MTT Shipping
Feb 21, 20212 min read
Export of Timber, Timber Products to Hit RM23 Bil in 2021 — MPIC
The Ministry of Plantation Industries and Commodities (MPIC) is confident Malaysia's export of timber and timber products can reach RM23...
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MTT Shipping
Feb 8, 20211 min read
December 2020 Manufacturing Sales Rise 4.5%; Highest Growth Since March 2020 — DOSM
Manufacturing sales grew 4.5% to RM124.6 billion in December 2020 compared with the same period in 2019, the highest growth since March...
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MTT Shipping
Jan 25, 20211 min read
MITI Revises Anti-Dumping Duties on Cold Rolled Coils from Vietnam
The government has revised anti-dumping duties imposed on imports of cold rolled coils of alloy and non-alloy steel originating from...
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MTT Shipping
Jan 22, 20212 min read
GDP Growth Forecast Maintained At 6.5%-7.5% For 2021, Says Tengku Zafrul
Malaysia is maintaining its gross domestic product (GDP) growth target of between 6.5% and 7.5% for 2021 despite the emergency...
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MTT Shipping
Jan 22, 20212 min read
ICS Urges Govts To Prioritize Vaccination of Seafarers and Maritime Workers
ICS is demanding that governments, who are once again restricting travel as a reaction to new COVID-19 mutations, recognise the vital...
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MTT Shipping
Jan 22, 20213 min read
Govt Could Reevaluate GST, Improve Its Implementation — MIDF
The Government could reevaluate the Goods and Services Tax (GST) and reflect on how the consumption tax could be implemented better,...
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MTT Shipping
Jan 20, 20212 min read
BNM Keeps OPR at 1.75% Amid Continued Recovery of Global Economy but Downside Risks Remain
Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 1.75% following the Monetary Policy Committee (MPC) meeting...
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MTT Shipping
Jan 18, 20212 min read
MTT Shipping and NASOM Collaborates in Autism Awareness Campaign: Understand, Accept & Respect
As we begin a new year, MTT Shipping Sdn. Bhd. is collaborating with The National Autism Society of Malaysia (NASOM) to create awareness...
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MTT Shipping
Jan 14, 20212 min read
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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