Ports of Halifax and Hamburg Forge Ties on Hydrogen, Green Energy Corridor
The Halifax Port Authority and Hamburg Port Authority have joined hands on decarbonizing the shipping corridor between Halifax, on...
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MTT Shipping
- Sep 23, 2022
- 2 min
Case Study into Oil and Gas Platform Electrification with Wave Energy Delivers ‘Promising Results’
A case study, conducted by Ocean Harvesting Technologies and Lundin Energy Norway, has shown that wave power could provide significantly...
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MTT Shipping
- Sep 9, 2022
- 3 min
Ukraine Sailor Permits Seen Crucial for Grain Exports, Global Shipping
Ukraine’s decision to allow its seafarers to leave the country despite wartime restrictions will free up vital manpower for both...
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MTT Shipping
- Sep 9, 2022
- 2 min
Oil Prices Swing After 6% Dive on Demand, China Concerns
Oil endured a choppy session after slumping Wednesday, with investors fretting over global demand as China continues to struggle with...
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MTT Shipping
- Sep 8, 2022
- 1 min
New Route to be Built in Melaka to Link Malaysia and Indonesia
A new route to link Malaysia and Indonesia, via Telok Gong in Masjid Tanah here and Dumai in Sumatra, involving a distance of about 120km...
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MTT Shipping
- Sep 8, 2022
- 2 min
Asian Stocks, Currencies Climb; Malaysia Central Bank Meeting Awaited
Most Asian currencies rose on Thursday (Sept 8) in cautious trade as investors awaited a speech by US Federal Reserve Chair Jerome...
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MTT Shipping
- Sep 8, 2022
- 2 min
Sulphur Cap has Resulted in a 77% Drop in SOx Emissions from Ships: IMO
With 115 days to go until the most significant global environmental regulations to hit shipping since the global sulphur cap – often...
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MTT Shipping
- Sep 7, 2022
- 2 min
Sabah has Potential to Develop Industries with High Returns, Says Teraju
Sabah has the potential to develop industries with high returns such as agriculture, said the Bumiputera Agenda Steering Unit (Teraju)....
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MTT Shipping
- Sep 6, 2022
- 2 min
MITI: Malaysia Secures RM9.3 Bil Investments from Japan
Malaysia has secured investments worth RM9.3 billion via the latest Trade and Investment Mission (TIM) to Japan led by Senior Minister of...
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MTT Shipping
- Sep 6, 2022
- 1 min
Global Cargo Handling Equipment Market to Hit US$34 Billion by 2027
The global cargo handling equipment market is projected to reach US$34.03 billion by 2027 from US$25.67 billion in 2021, at a CAGR 4.8%...
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MTT Shipping
- Sep 6, 2022
- 1 min
Shanghai Port Opens Giant Empty Container Transportation Centre
An empty container transportation centre has opened in Shanghai, the world’s largest container port. The giant new facility located in...
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MTT Shipping
- Aug 26, 2022
- 2 min
MHB and BV Solutions in Decarbonisation Partnership
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has signed an agreement with Bureau Veritas (BV) Solutions Marine & Offshore...
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MTT Shipping
- Aug 26, 2022
- 2 min
Natural Gas Soars in Europe, Asia as Crisis Heats Up Competition
European and Asian natural gas prices surged to near record highs, as the worst energy crisis in decades intensified competition to...
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MTT Shipping
- Aug 25, 2022
- 1 min
Global Merchandise Trade Growth Stagnates in Q2, Says WTO
Global merchandise trade growth is projected to slow in the second quarter of 2022 on an annual basis, the World Trade Organisation (WTO)...
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MTT Shipping
- Aug 25, 2022
- 2 min
LNG Investments to Peak at $42 Bln in 2024, Rystad Says
According to research by Rystad Energy, global LNG investments will peak at $42 billion in 2024, a 50 per cent jump from current...
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MTT Shipping
- Aug 24, 2022
- 1 min
Kedah Records RM20 bil Approved Investments in Q2 2022
Kedah recorded RM20 billion worth of approved investments in the second quarter of 2022 (Q2), the highest in Malaysia thus far. Kedah...
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MTT Shipping
- Aug 23, 2022
- 2 min
Heavy Losses at Yards Suggest Newbuild Prices will Remain Firm
Shipowners hoping for a cooling in newbuild prices should brace for disappointment. Key yards are still posting enormous losses, despite...
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MTT Shipping
- Aug 23, 2022
- 2 min
Singapore Puts Automated Port Development Front and Centre
Singapore Prime Minister Lee Hsien Loong highlighted the development of the world’s largest automated container port in his annual...
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MTT Shipping
- Aug 22, 2022
- 1 min
BNM International Reserves Totalled US$110.9 bil as at Aug 15
Bank Negara Malaysia (BNM) has said its international reserves amounted to US$110.9 billion (RM497.38 billion) as at Aug 15. The reserves...
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MTT Shipping
- Aug 21, 2022
- 2 min
Budget 2023 to Focus on Initiatives for M'sia to Face Challenges of Bleak Global Economy — PM
Prime Minister Datuk Seri Ismail Sabri Yaakob said the upcoming Budget 2023, to be tabled in October, will touch every segment of...
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