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Oil Rises on Saudi Cuts While IEA Sees Market Improving
Oil rose as Saudi Aramco slashed its sales to key buyers and the IEA said that the market is showing signs of improving. Futures in New...

MTT Shipping
May 15, 20202 min read
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BNM: Govt Has Sufficient Fiscal Space for Further Economic Stimulus
With its proven track record of continuous commitment to the medium-term fiscal consolidation path, Bank Negara Malaysia (BNM) Governor...

MTT Shipping
May 15, 20202 min read
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Maersk Sees Sharp Drop in Global Container Shipping Demand This Year
Shipping group A.P. Moller-Maersk warned of a sharp drop in global container volumes due to the coronavirus pandemic, with weaker retail...

MTT Shipping
May 15, 20202 min read
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IMO Draws Up Protocols for Safe Crew Changes
The International Maritime Organization (IMO) has sent a recommended framework of protocols for ensuring safe ship crew changes and...

MTT Shipping
May 15, 20202 min read
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Malaysia’s 1Q Trade Numbers Up Slightly, But Economists Say Outlook Dim
A mild improvement was seen in Malaysia’s first-quarter (1Q) trade performance, but economists say the outlook for the next two quarters...

MTT Shipping
May 8, 20202 min read
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GAC Testing Delivery of Supplies to Vessels Via Drones
Gulf Agency Company (GAC) has partnered with Singapore-based start-up F-drones to develop large-scale drones that can deliver up to 100kg...

MTT Shipping
May 8, 20202 min read
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Westports’ Container Throughput Expected to Recover In 2022, But Company Holds Steady
With many countries across the globe locked down, with stay-at-home restrictions and the closure of practically all non-essential...

MTT Shipping
May 8, 20204 min read
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DP World Creates Digital Platforms to Move Global Trade Online
DP World has rolled out online logistics tools and services as part of a connected ecosystem of platforms to enable forwarders and...

MTT Shipping
May 8, 20202 min read
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Bank Negara Slashes Interest Rates By 50bp to Lowest Since 2010
Bank Negara Malaysia's Monetary Policy Committee (MPC) slashed interest rates by 50 basis points to 2% which is the lowest level since...

MTT Shipping
May 8, 20203 min read
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JPMORGAN: The Struggling Oil Market Finally Stabilized, But Recovery Will Take Up To 3 Months
Global oil demand remains at historic lows as inventory vastly outpaces storage, but JPMorgan analysts think the worst of the...

MTT Shipping
May 8, 20202 min read
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Sarawak Forms Council to Draw Up Post-Covid-19 Economic Strategy Up to 2030
Sarawak has formed an economic action council to draw up a post-Covid-19 economic strategy up to 2030, says Datuk Patinggi Abang Johari...

MTT Shipping
May 8, 20202 min read
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MDEC: E-Commerce Set to See Strong Growth This Year
E-commerce’s contribution to the country’s gross domestic product (GDP) is expected to rise this year on increased consumer confidence in...

MTT Shipping
May 8, 20202 min read
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MTT Shipping
May 4, 20200 min read
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Port Klang Authority Signs Joint Declaration to Keep Ports Open
Port Klang Authority (PKA) has signed a joint declaration with 19 international port authorities to keep their ports open to seaborne...

MTT Shipping
Apr 30, 20202 min read
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SC, Bursa Malaysia Suspend Short-Selling to June 30
The Securities Commission (SC) and Bursa Malaysia have extended the temporary suspension of short-selling from April 30 to June 30,2020,...

MTT Shipping
Apr 30, 20202 min read
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Government Must Allow Industries in Perak to Operate During the MCO – MB
Perak Menteri Besar Ahmad Faizal Azumu wants the federal government to consider allowing industrial sectors that could contribute to the...

MTT Shipping
Apr 30, 20201 min read
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Drewry: Port Throughput Down 15.6% in February
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample...

MTT Shipping
Apr 30, 20201 min read
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Transportation of Essential Goods Allowed to Operate at Full Capacity, Says FMFF
Logistics and transportation operators that have the approval from the Ministry of International Trade and Industry (MITI) to operate...

MTT Shipping
Apr 30, 20202 min read
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HMM Unveils World’s Biggest Container Ship
Hyundai Merchant Marine (HMM) has unveiled the biggest container ship in the world, the HMM Algeciras, at a ceremony attended by South...

MTT Shipping
Apr 30, 20202 min read
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