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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...
MTT Shipping
Mar 16, 20232 min read
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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...
MTT Shipping
Mar 15, 20231 min read
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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...
MTT Shipping
Mar 15, 20231 min read
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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...
MTT Shipping
Mar 15, 20234 min read
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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...
MTT Shipping
Mar 9, 20233 min read
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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...
MTT Shipping
Mar 9, 20231 min read
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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...
MTT Shipping
Mar 8, 20231 min read
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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...
MTT Shipping
Mar 7, 20231 min read
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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...
MTT Shipping
Mar 7, 20231 min read
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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...
MTT Shipping
Mar 7, 20233 min read
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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...
MTT Shipping
Mar 6, 20231 min read
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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...
MTT Shipping
Mar 6, 20232 min read
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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...
MTT Shipping
Mar 2, 20232 min read
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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...
MTT Shipping
Mar 2, 20232 min read
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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...
MTT Shipping
Mar 2, 20231 min read
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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...
MTT Shipping
Mar 1, 20232 min read
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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...
MTT Shipping
Mar 1, 20233 min read
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Methanol Boxship Orders Growing More Rapidly Than All Other Fuel Types
The container segment is leading shipping to green new pastures, taking a massive lead when it comes to investing in methanol propulsion....
MTT Shipping
Mar 1, 20231 min read
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Malaysian Businesses Need to Boost International Connectivity, Says HSBC
HSBC Bank Malaysia Bhd has urged Malaysian businesses to strengthen their international connectivity in order to gain competitive edge...
MTT Shipping
Mar 1, 20231 min read
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US Ports to Build Out Nearly $50 Bln in Green Infrastructure Over the Next Decade
The U.S. ports are expected to build out nearly $50 billion in green infrastructure over the next decade – and hydrogen is set to play a...
MTT Shipping
Feb 28, 20232 min read
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