KOTA TINGGI, Johor: Tucked away in the southeastern tip of peninsular Malaysia is a large swathe of land with rows upon rows of oil storage tanks and cooling towers with dark smoke billowing from above. The Pengerang Integrated Petroleum Complex (PIPC) –...
The decision to rationalise diesel fuel subsidy in Malaysia was due to the cost to the government, which had increased by 10 times in just five years, The Star reported. The Malaysian government had paid RM14.3 billion in diesel subsidy last year,...
Malaysia has finally reinstated the cabotage policy exemption for foreign ships to conduct laying, maintenance and repairs of submarine telecommunication cables in Malaysian waters effective 1st June 2024. This comes after Transport Minister Anthony Loke announced in...
KUCHING, May 25 — Sarawak’s Ministry of Transport is exploring a proposal to establish a Sarawak Transport Authority to manage and operate the entire transportation sector in the state, its minister Datuk Seri Lee Kim Shin said today. He said this holistic approach...
Port of Tanjung Pelepas SdnBhd (PTP), a joint venture between the MMC Group and APM Terminals in Malaysia, has signed an agreement with Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC) for the purchase of five ultra large container vessel (ULCV) Quay Cranes. This...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the longer transits to avoid the Red Sea, and bad weather in...
