Local News
Regulatory uncertainties clogging up economic arteries
KUALA LUMPUR (Oct 9): Malaysia's logistics performance has been declining, according to the World Bank, and this has more to do with the country’s inability to update the regulatory environment in the sector to international best practices. According to the World...
Shipowners hope for tax rebates and grants under Budget 2022
KUALA LUMPUR: The Malaysia Shipowners’ Association (Masa) hopes that Budget 2022 will provide financial assistance for the shipping industry and tax rebates for vessels built in local shipyards. It also hopes for grants to comply with the International Maritime...
MyCC to determine whether cartels exist in transport sector — Nanta
KUALA LUMPUR (Oct 5): The Malaysia Competition Commission (MyCC) will invoke its enforcement power to determine whether there are cartels formed in the port logistic ecosystem and motor vehicle warranty, said Domestic Trade and Consumer Affairs Minister Datuk Seri...
Company behind uCustoms system denies project failed, says raked in hundreds of millions for govt
KUALA LUMPUR, Oct 4 — The company behind the Ubiquitous Customs (uCustoms) system has come out to deny the negative portrayal of the project as reported within the Auditor General’s Report (LKAN) Year 2019 Series 2, asserting it was an operational system raking in...
RM273mil down the drain with failed uCustoms system
PETALING JAYA: After eight years, an ambitious RM397.43 million computerised Customs information system scheduled for completion in 2015 has yet to get going, although RM272.99 million has been paid out to suppliers and project managers. The “uCustoms” system was one...
Freight forwarders given till Dec 2022 to meet Bumiputera equity requirement, says finance minister
KUALA LUMPUR, Sept 28 — The Ministry of Finance (MoF) has recently extended, for the second time, the exemption period for freight forwarders to meet the requirement of 51 per cent Bumiputera equity participation until December 2022. Finance Minister Datuk Seri...
JPB- Container at our construction area Zone C on 16 April 2019
Containers.pdf | Containers2.pdf Message from Johor Port: We would like to inform that there are 37 nos. ( please refer attach. ) of container at our construction area Zone C on 16 April 2019. This were interrupt our...
Maritime News – Warning to Shippers
Warning to shippers: more transhipment likely after IMO 2020: Analysts predict that the impact of IMO 2020 will mean slower ships and more transhipment. This would be a further blow to shippers who also face additional costs to compensate carriers for using...
Abandoned Containers
Abandoned containers – who pays? Forwarders, it could be you: Forwarders are being warned to consider themselves the ‘principal’ when it comes to container transport, amid mounting anger at unexpected storage and quay charges. Director General, Robert Keen said...
Port of Tanjung Pepelas box volumes up 8% to record high of 9.8m teu in 2020
Malaysia’s Port of Tanjung Pelepas (PTP) has posted a record throughput of 9.8m teu in 2020, despite the global economic turmoil caused by the coronavirus (Covid-19) pandemic. Lee Hong Liang | Jan 26, 2021 The figure represents an increase of more than 8% from...