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7 Important Lessons from MCO
Almost three months into MCO, lives of Malaysians have changed drastically; daily activities that were taken for granted such as going to...

MTT Shipping
Jun 19, 20203 min read
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Oil Prices Rise on Faith in Supply Cuts, Demand Recovery
Oil prices pushed higher in early trade on Friday, building on gains in the previous session, after OPEC producers and allies promised to...

MTT Shipping
Jun 19, 20202 min read
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Malaysia In Good Position to Benefit from Japan’s Economic Stimulus Package, Says Ambassador
Asean member states, particularly Malaysia, will be in good position to reap benefits from Japan’s economic stimulus package due to its...

MTT Shipping
May 29, 20202 min read
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IMO Industry Alliance Intensifies Efforts to Cut Ship Emissions
The Global Industry Alliance (GIA) to Support Low Carbon Shipping – ​a key International Maritime Organization (IMO) initiative...

MTT Shipping
May 29, 20202 min read
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China, India Soak Up Oil from Floating Storage as Demand Recovers
The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India,...

MTT Shipping
May 29, 20202 min read
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UN Agencies Call for Action on Crew Change
The heads of the maritime, labor and aviation organizations of the United Nations have issued a plea for urgent action on crew changes...

MTT Shipping
May 29, 20203 min read
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Government Expects Businesses to Ramp Up Productivity Soon
The government is anticipating more businesses to reopen next week after the Hari Raya Aidilfitri celebration and resume their full...

MTT Shipping
May 29, 20201 min read
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U.S. Sanctions Guidance Raises Hurdles for Global Maritime Industry
Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administration’s new...

MTT Shipping
May 29, 20203 min read
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Malaysia Chairs First Ever Virtual Apec Senior Officials' Meeting
Malaysia has successfully chaired the Asia-Pacific Economic Cooperation (Apec) Virtual Extraordinary Senior Officials’ Meeting (Vesom) on...

MTT Shipping
May 29, 20202 min read
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Switch to Electronic Bills of Lading Could Save Shipping Billions Every Year
The container shipping industry could save itself up to $4bn a year if half of all bills of lading (B/Ls) were dealt with digitally,...

MTT Shipping
May 22, 20202 min read
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Malaysia Signs Record Rice Import Deal with India
Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials...

MTT Shipping
May 22, 20202 min read
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Focus on Transport Connectivity, Development in Sabah, Sarawak, King Decrees
Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah wants the government to continue with efforts and...

MTT Shipping
May 22, 20201 min read
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MMC Looking to Expand Overseas to Strengthen Presence
MMC Corporation Bhd is looking to expand overseas to enable the group to establish a bigger presence that will lead to more...

MTT Shipping
May 22, 20202 min read
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Selangor To Become Aerospace's Big Regional Player in Six to Seven Years
Invest Selangor Bhd’s newly launched division, the Selangor Darul Ehsan Aerospace Industry Coordination Office (S-Daico), targets to...

MTT Shipping
May 22, 20202 min read
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Inactive Fleet at New Record High
The inactive containership fleet has surged to a new record of 524 units for 2.65 MTEU as at 11 May, surpassing the previous high of 2.46...

MTT Shipping
May 22, 20201 min read
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Oil Rises to Two-Month High Amid Demand Recovery
Oil rose to levels not seen since Covid-19 lockdowns paralyzed the world’s largest economy, lifted by signs of recovering demand and news...

MTT Shipping
May 22, 20202 min read
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India Resumes Purchase of Malaysian Palm Oil, Ending Diplomatic Row
India has resumed purchasing Malaysian palm oil following a four-month gap sparked by a diplomatic row over the former Malaysian...

MTT Shipping
May 22, 20202 min read
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Malaysia's March IPI Suffers First Drop Since February 2013, Downtrend to Continue
Malaysia's industrial production index (IPI) in March, which saw its first contraction since February 2013 and the steepest since...

MTT Shipping
May 15, 20203 min read
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Malaysia's Q1 GDP Growth Slows To 0.7pc Due to MCO, COVID-19
Malaysia’s economy grew moderately at 0.7 per cent in the first quarter of 2020 from 4.5 per cent in the same quarter last year, as gross...

MTT Shipping
May 15, 20203 min read
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Alibaba Reaffirms Commitment to Support Malaysia As Regional Trade and Transshipment Hub
As the global battle against Covid-19 continues, Alibaba Group, has reaffirmed its commitment to expand its logistics operations to...

MTT Shipping
May 15, 20202 min read
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