A Greek-managed crude tanker has suffered an explosion at a position off the coast of Libya, according to maritime security consultancy Vanguard. In an advisory, Vanguard said that the 158,000 dwt tanker Vilamoura suffered a possible security incident at a...
The long-awaited Hong Kong International Convention setting standards for the industry to dismantle end-of-life vessels has gone into force. It comes, however, amidst criticism that the agreement fails to address many key issues in safety and sustainability, and the...
The maritime industry is having to contend with an increasingly complex regulatory landscape. The introduction of FuelEU Maritime at the beginning of the year has, for the first time, established comprehensive regulations for phasing out the use of fossil fuels by...
NANNING — At a fully automated production line in South China’s Guangxi Zhuang autonomous region, cans of energy drinks rolled off conveyors, destined for shelves across China. Operated by Thai conglomerate TC Pharmaceutical Industries Co Ltd, this 1.3 billion...
As Malaysia’s economy navigates an uncertain global environment, domestic consumption continues to stand out as a reliable driver of growth. In the first quarter of 2025, private consumption remained buoyant, supported by stable employment conditions, real wage...
KUALA LUMPUR: Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade. Datuk Sikh Shamsul...
