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Nigeria Starts First Domestic Container Shipping Line

Nigeria Starts First Domestic Container Shipping Line

Clarion Shipping West Africa is starting what it calls “Nigeria’s first fully indigenous container liner,” as it looks to build regional trade and improve service versus the transshipment options of the major carriers. The company celebrated the launch of the service...

Explosion Reported on Crude Tanker Off the Coast of Libya

Explosion Reported on Crude Tanker Off the Coast of Libya

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...

Pilbara Ports Launches Roadmap for Ammonia Bunkering

Pilbara Ports Launches Roadmap for Ammonia Bunkering

Australia’s Pilbara Ports Authority has launched a clean fuel bunkering roadmap that is intended to position the region as a global leader in maritime decarbonization. The roadmap explores the creation of Australia’s first ammonia fuel bunkering hub in the...

Singapore Responds to Fire Aboard Tanker in Anchorage

Singapore Responds to Fire Aboard Tanker in Anchorage

  The Singapore Civil Defense Force is reporting teams from two of its stations responded to reports of a fire aboard a smaller tanker in the eastern anchorage of the port. The fire was quickly controlled with no reports of injuries. According to the report...

First Large Boxship Transits Suez Canal in 15 Months

First Large Boxship Transits Suez Canal in 15 Months

The Suez Canal Authority is highlighting the transit of the CMA CGM Osiris (15,536 TEU) through the Suez Canal on June 18 as the first large containerships through the canal in more than a year. The authority is calling it a new phase in its efforts to...

Ukraine Seeks Auctioneer to Sell Seized Turkish Cargo Ship

Ukraine Seeks Auctioneer to Sell Seized Turkish Cargo Ship

Ukraine’s National Agency for Tracing and Asset Management (ARMA) is calling for proposals to manage the sale of a Turkish cargo ship it seized in 2024 on charges that it looted grain from Crimea. It is the latest step in efforts by Ukraine to sell off seized vessels...

Western Sanctions Take Big Bite Out of Sovcomflot’s Results

Western Sanctions Take Big Bite Out of Sovcomflot’s Results

Russia’s tanker operator PAO Sovcomflot is citing the impact of the Western sanctions on the company’s results. It reported a significant drop in revenues and a loss for the first quarter of 2025 along with recording a non-cash impairment related to the fleet. The...

Major Cargo Fire Breaks Out on Bulker in Amsterdam

Major Cargo Fire Breaks Out on Bulker in Amsterdam

On Thursday, a large fire broke out in the hold of a bulker in Amsterdam's western port district, sending noxious smoke over a large area of the city and prompting an air-quality alert. Firefighting efforts continued into Friday morning.  At about 1700 hours...

Local News

Finance Minister II : Budget 2026 will address cost of living

Finance Minister II : Budget 2026 will address cost of living

PUTRAJAYA: The government’s upcoming 2026 Budget will focus on safeguarding public welfare while addressing structural economic challenges, said Finance Minister II Datuk Seri Amir Hamzah Azizan. Speaking at the opening of the Budget 2026 consultation sessions here...

Focus On US Tariff Impact On Asia

Focus On US Tariff Impact On Asia

After US President Trump’s 1 August tariff deadline came to an end and as investors watch what will happen in the US-China trade talks, Swiss private bank Julius Baer shares its insights on the impact on Asia’s asset allocation and economies. After the market...

Top global leaders to attend Asean Summit

Top global leaders to attend Asean Summit

CYBERJAYA: Prime Minister Datuk Seri Anwar Ibrahim has announced the attendance of an unprecedented gathering of global leaders at the Asean Summit, including US President Donald Trump, Brazilian President Luiz Inacio Lula da Silva, South African President Cyril...

‘Malaysia moving at own pace’

‘Malaysia moving at own pace’

COUNTRIES like Singapore and South Korea have integrated artificial intelligence-enabled surveillance, predictive logistics and cyber command structures into their militaries. How does Malaysia’s cyber and AI modernisation trajectory compare with regional peers and...

People-centric initiatives boost MSME sector in Malaysia

People-centric initiatives boost MSME sector in Malaysia

KUALA LUMPUR: Recent government measures aimed at easing financial burdens on Malaysians are expected to provide significant relief to micro, small, and medium enterprises (MSMEs). Prime Minister Datuk Seri Anwar Ibrahim’s announcements include continued fuel...

Johor drives transport upgrades, Singapore links

Johor drives transport upgrades, Singapore links

Johor government is doubling down on efforts to upgrade its public transport systems, especially at key cross-border checkpoints, in a move to boost connectivity with Singapore ahead of Visit Johor 2026. With over 60,000 daily commuters crossing between Johor and...

DSV opens Singapore facility to boost logistics with Johor

DSV opens Singapore facility to boost logistics with Johor

Danish logistics giant DSV has launched a new facility in Singapore aimed at strengthening cross-border logistics with Malaysia. The Redlion2 facility will support the flow of goods across the Causeway and work in tandem with DSV’s Sunway City warehouse in Johor. The...

New tariff increases leave optical industry bracing for impact

New tariff increases leave optical industry bracing for impact

With letters having recently been sent from the White House to several US trading partners about tariff increases set to take effect on August 1, The Vision Council has noted “significant implications for the optical industry’s international supply chains and bottom...