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Westports New CT Expansion Project a Long-Term Play - Research firms
Westports Holdings Bhd’s approved new container terminal (CT) expansion project is viewed as a very long-term play for the group, thus...

MTT Shipping
Aug 7, 20212 min read
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ITF Launches Web Tool for Seafarers to Identify Crewing Scams
The new web tool ITFShipBeSure.org gives seafarers seeking jobs onboard cargo and cruise ships an insight into the quality, or otherwise,...

MTT Shipping
Aug 5, 20211 min read
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Govt to Continue Creating, Growing Necessary Ecosystems to Attract Investments
Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed today reiterated that the government and all its...

MTT Shipping
Aug 3, 20212 min read
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MIDF Amanah Investment Bank Maintains Export, Import Growth Projection
MIDF Amanah Investment Bank has maintained Malaysia’s exports and imports growth projection at 13.5% and 12.7% year-on-year (y-o-y),...

MTT Shipping
Jul 30, 20212 min read
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Oil Prices Slipped After Large Inventory Drawdown
Oil prices slipped but remained near $75 per barrel on Thursday as crude stockpiles in the United States, the world's top oil consumer,...

MTT Shipping
Jul 29, 20211 min read
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ERMA FIRST Acquires World's Smallest Ballast Water Treatment System
Global ballast water equipment manufacturer ERMA FIRST is bringing the world’s smallest and easiest to install ballast water treatment...

MTT Shipping
Jul 27, 20213 min read
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Port State Control Authorities to Launch Ship Stability Campaign Targeting 10,000 Inspections
Port State Control authorities are preparing an inspection campaign targeting ship stability. The 3-month inspection campaign is being...

MTT Shipping
Jul 26, 20212 min read
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Carriage of Goods by Sea (Amendment) Act 2020 now in operation
The Carriage of Goods by Sea (Amendment) Act 2020 [Act A1613] came into operation yesterday, according to the Transport Ministry (MOT)....

MTT Shipping
Jul 16, 20212 min read
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Oil Extends Gains On OPEC+ Supply Discipline and Demand Prospects
Oil rose on Wednesday, supported by an OPEC+ decision to stick to its plan to restore supply to the market gradually and by the slow pace...

MTT Shipping
Jun 2, 20212 min read
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Covid-19: No Foreign Crew Aboard Ships from India Allowed To 'Sign Off' Onto Malaysian Ports, Says W
In order to stem Covid-19 cases, vessels from India docking in all Malaysian ports are not allowed to "sign off" their crew of any...

MTT Shipping
May 15, 20212 min read
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Bank Negara Keeps OPR at 1.75%
Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 1.75%, as widely expected by economists, noting that...

MTT Shipping
May 6, 20213 min read
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Malaysia’s PMI Up At 53.9 In April, Strongest Expansion Since July 2012 — IHS Markit
Malaysia's Purchasing Managers' Index (PMI) rose to 53.9 in April, from 49.9 in March, the strongest expansion recorded since the survey...

MTT Shipping
May 3, 20212 min read
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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)...

MTT Shipping
Apr 29, 20212 min read
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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...

MTT Shipping
Apr 22, 20212 min read
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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...

MTT Shipping
Apr 22, 20212 min read
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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...

MTT Shipping
Apr 19, 20212 min read
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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%,...

MTT Shipping
Apr 8, 20212 min read
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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....

MTT Shipping
Apr 5, 20212 min read
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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)...

MTT Shipping
Apr 2, 20212 min read
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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...

MTT Shipping
Feb 26, 20211 min read
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