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Idle Box Ship Volume Falls Below 1m TEU For First Time This Year
The latest survey by Alphaliner shows that some 90 containerships, equating to over 600,000 TEU of capacity, have found employment in the...

MTT Shipping
Aug 28, 20202 min read
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BNM: Malaysia GDP contracted 17.1% in 2Q20, worst decline since 4Q98
Malaysia’s gross domestic product (GDP) contracted by 17.1% in the second quarter of 2020 (2Q20) mainly due to the movement control order...

MTT Shipping
Aug 14, 20202 min read
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Malaysia's Manufacturing Output Continues Its Rebound
The recovery in the Malaysian manufacturing sector continued in July, according to the headline IHS Markit Malaysia Manufacturing...

MTT Shipping
Aug 14, 20202 min read
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US-China Trade War Does Not Have Major Impact on Malaysia's Trade — MITI
The Ministry of International Trade and Industry (MITI) said Malaysia’s trade with the US in January to June 2020 registered an increase...

MTT Shipping
Aug 14, 20202 min read
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How Steep Will Malaysia's 2Q20 GDP Contraction Be?
Given the unprecedented Movement Control Order (MCO) to contain the Covid-19 outbreak, it is a foregone conclusion that Bank Negara...

MTT Shipping
Aug 14, 20203 min read
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Risk to Global Supply Chain Grows as Overworked Seafarers Halt Ships
A new risk to global supply chains is emerging as exhausted seafarers stuck offshore for months halt work, a breaking point caused by...

MTT Shipping
Aug 13, 20203 min read
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Strong Rebound in IPI Reflects Further Resumption Of Economic Activities - RHB Research
The strong rebound of Malaysia’s Industrial Production Index (IPI) in June reflected the further resumption of economic activity under...

MTT Shipping
Aug 10, 20201 min read
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Government Agrees to Remove Export Permit for Processed Food, Floriculture — MPC
The government has agreed to remove the export permit issued by Malaysia Quarantine and Inspection Services (MAQIS) for exporting goods,...

MTT Shipping
Aug 10, 20202 min read
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Malaysia’s Exports Rise 8.8% To RM82.9b In June, Recovery from Covid-19 Impact Seen
Malaysia’s exports bounced back to record an increase of 8.8% to RM82.9 billion in June from a decline of 25.5% in May 2020, according to...

MTT Shipping
Jul 28, 20202 min read
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CM: Proposed Sarawak Petrochemical Hub Expected to Create 74,000 Jobs
The proposed Sarawak Petrochemical Hub, when fully operational, is expected to create 74,000 new jobs, which could potentially contribute...

MTT Shipping
Jul 3, 20203 min read
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Ismail Sabri: Foreign Sailors on Malaysian Ships Not Barred from Entering
Foreign nationals working on Malaysian vessels as sailors will not be barred from entering and exiting the country, Senior Minister Datuk...

MTT Shipping
Jul 3, 20202 min read
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Idle Fleet Shrinks as Carriers Resume Some Halted Loops
The inactive containership fleet continued to shrink to 453 ships for about 2.32 MTEU as of 22 June, a decrease of almost 300,000 TEU...

MTT Shipping
Jul 3, 20201 min read
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New Research Center to Help De-Carbonize Shipping
A start-up donation of DKK 400M (USD 60M) by the A.P. Møller Foundation has kick-started the formation of the Center for Zero Carbon...

MTT Shipping
Jul 3, 20202 min read
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Malaysia Will Ride Out COVID-19 Storm Better Than Others, Says World Bank
The World Bank is confident of Malaysia's fiscal resilience to withstand the onslaught of the economic crisis caused by the COVID-19...

MTT Shipping
Jul 3, 20202 min read
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MIDF Amanah Expects Malaysia's Trade Performance to Improve In 2H20
MIDF Amanah Investment Bank Bhd expects Malaysia’s trade performance to gradually improve in the second half of 2020 in line with...

MTT Shipping
Jul 3, 20201 min read
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Exports of Malaysian Palm Oil to Africa Set to Rise This Year
The exports of Malaysian crude palm oil (CPO) to the African continent are expected to increase to about nine million tonnes this year,...

MTT Shipping
Jul 3, 20202 min read
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Saudi Arabia Makes Good on OPEC+ Oil Cuts
Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Observed Saudi crude exports for...

MTT Shipping
Jul 3, 20202 min read
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Maersk Says Demand Developing Better Than Expected
A.P. Moller-Maersk A/S said the development in the second quarter has been better than the world’s largest container shipping company...

MTT Shipping
Jun 19, 20201 min read
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MITI Extends Project Implementation Period By 12 Months For Manufacturing Sector
The licensing officer of the Ministry of International Trade and Industry (MITI) has agreed to grant a 12-month extension of the project...

MTT Shipping
Jun 19, 20201 min read
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PTP Continues To Boost Terminal Performance Amid COVID-19 Pandemic
Port of Tanjung Pelepas (PTP), a member of the MMC Group, has welcomed 4 new ship to shore (STS) quay cranes as it continues its drive to...

MTT Shipping
Jun 19, 20202 min read
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