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 15, 20200 min read
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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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MTT Shipping
Apr 10, 20203 min read
Coronavirus Could Accelerate Digitalisation in The Shipping Industry
When physical contact between members of the crew on board ship and workers at the quayside needs to be kept to a minimum, new routines...
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MTT Shipping
Apr 10, 20202 min read
Covid-19 Outbreak Could Force Shipping Industry into Yet Another Crisis
The Covid-19 pandemic is wreaking havoc on global shipping, which could initiate another crisis in what is a struggling industry. To...
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MTT Shipping
Apr 10, 20202 min read
FMM Wants Total Suspension of Foreign Worker Levy Instead of 25% Cut
The Federation of Malaysian Manufacturers (FMM) has hailed the government’s additional allocation towards assisting small and medium...
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MTT Shipping
Apr 10, 20202 min read
Sabah Imposes 5% Petroleum Product Sales Tax from March
The Sabah government has implemented a five per cent sales tax on all petroleum products in the state with effect from March, said Chief...
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MTT Shipping
Apr 10, 20202 min read
Business Groups Back MCO Extension, Hopes Export-Oriented Firms Can Operate
Although an extension of the movement control order (MCO) will create major financial losses for businesses, it must be done if...
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MTT Shipping
Apr 10, 20201 min read
PTP Malaysia Sets New Record for Box Moves in A Week
Malaysia's port of Tanjung Pelepas (PTP) handled a record 137,256 moves, for a total of 211,997 TEU, in the week ending March 29. This...
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MTT Shipping
Apr 10, 20202 min read
Cargosmart, Cosco And Tesla in Blockchain Trial
Apart from COSCO, Shanghai International Port Group (SIPG), and Tesla (Tesla) took part in the project which took place in December 2019....
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MTT Shipping
Apr 10, 20201 min read
HMM Starts Sailing Under THE Alliance Partnership
South Korean flagship under its new name HMM, instead of Hyundai Merchant Marine, officially joined THE Alliance on April 1, partnering...
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MTT Shipping
Mar 26, 20200 min read
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MTT Shipping
Mar 20, 20202 min read
Stockbrokers Urge Putrajaya to Suspend Trading of Bursa Malaysia Securities
The Association of Stockbroking Companies of Malaysia (ASCM) has urged the government to immediately suspend the trading of Bursa...
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MTT Shipping
Mar 20, 20202 min read
Ringgit Takes A Blow, Falling to Lowest Level Since April 2017
The ringgit continued its downtrend that started since last week. The local currency depreciated to 4.4025 at the time of writing against...
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