By Presenna Nambiar (Business Times) Come January, a new law reducing the period in which containers can be stored at Port Klang for free from five days to three will be enforced PORT Klang Authority (PKA) will organise a trial run for the soon-to-be-implemented three-day …
A DOZEN 5,000-8,500 TEU ships are said to be laid up in Hong Kong, Singapore and Shanghai in the wake of the global economic downturn, according to AXS-Alphaliner News. Idle ships in the 3,500-5,000 TEU range are expected to increase in number in the weeks …
By Presenna Nambiar (Business Times) – 3 November THE Port Klang Authority (PKA), the regulator of Northport and Westports, plans to review the tariff structure at both terminals to bring their rates on a par with their neighbours’. “People perceive that cheap tariff is the …
PENANG: Factories here are expected to feel the heat of the global meltdown by December or early next year, according to the Federation of Malaysian Manufacturers (FMM) northern branch. Its chairman Datuk O. K. Lee said the branch was now looking into ways to help …
by Yantoultra Ngui Yichen KUALA LUMPUR: The fragmented local logistics industry is expected to enter into a consolidation period with inefficient and smaller players exiting the industry or being merged or acquired amid the current slowing global economy, according to analysts and industry players. Being …
BANGKOK, Oct 30 – Thailand, Indonesia and Malaysia, the world’s three biggest rubber producers, agreed to slash production by 210,000 tonnes next year by cutting down more than 169,000 hectares of rubber trees. The Thai, Malaysian and Indonesian joint-venture International Rubber Consortium (IRCo) and International …