PRIVATELY-HELD Global Rail Sdn Bhd and its partner from China have jointly submitted a RM28 billion proposal to develop a high-speed railway and inter-modal freight system in Malaysia, linking economic corridors to major airports and seaports. Global Rail managing director Fan Boon Heng said the …
Crude oil prices declined USD1.31 to USD69.57 per barrel.
PORT Klang Authority (PKA) is working towards diversifying its income stream in an effort to bear the costs of running both Port Klang Free Zone (PKFZ) and its own operations. pix_topright“Of course, now we are currently self-sufficient, but with the PKFZ loan to the service, …
COSCO Corporation (Singapore) Limited said that its affiliate COSCO International Ship Trading Co Limited has agreed with COSCO (Zhoushan) Shipyard Co Limited on the cancellation of their contracts for two 5,000 unit pure car and truck carriers. The PCTCs are the third and fourth of …
It is reported that with the Baltic Dry Index dangerously nearing the 2,000 point mark is becoming more and more apparent that the market is suffering from a steady increase in tonnage supply, as many new buildings are hitting the water. At the same time, …
International scrap prices have taken a beating by USD 30 per tonne to USD 40 per tonne during September with the collapse of Chinese citadel and holiday in Middle East. However in the ensuing month definite activity is anticipated as Middle East market opens after …
It is reported that Mitsui OSK Lines has received approval from the government of Vietnam to establish a new joint terminal operation company Tan Cang Cai Mep International Terminal Company Limited. MOL said that the new company will operate the Tan Cang Cai Mep International …
CPO 3-mth futures down RM8 to RM2107 per mt while Nymex crude oil in electronic trade was 57 cents lower at US$70.25 per barrel. # Powered by Twitter Tools.
CPO 3-mth futures down RM8 to RM2107 per mt while Nymex crude oil in electronic trade was 57 cents lower at US$70.25 per barrel.