PETALING JAYA: With some Japanese multinational corporations (MNCs) looking beyond Singapore to base their regional headquarters due to the rising cost there, Malaysia has what it takes to position itself as a viable destination, say economists. Sunway University...
KUALA LUMPUR, April 13 — Escalated tension in the Middle East with the latest Israel-linked container ship seized by Iran’s Islamic Revolutionary Guard Corps (IRGC) earlier today could result in supply chain disruption and higher insurance premiums, said shipping...
The Royal Thai Navy has completed its investigation into the sinking of the frigate Sukhothai in 2022, blaming a combination of bad weather, vessel condition and human error for the casualty. On the night of December 18, 2022, the 36-year-old frigate Sukhothai...
After a $44 million investment in shore power infrastructure and equipment, all three cruise berths at Pier 66 are now electric. In effect, this advances plans by the facility to become the greenest port in North America with the 2024 Cruise Season seeing more vessels...
DP World’s terminal at the Port of Callao, Peru has begun using the first electric charging station for trucks in Latin America. The new infrastructure is part of the port operator’s decarbonization plans at Callao, with an aim of reducing over 2000 tons of carbon...
Each year, governments around the world give billions of dollars to their fishing sectors. These public funds – around $35.4 billion annually, according to 2018 estimates – pay for everything from building ports to research and development. Some subsidies...