Work together, shippers and service providers told

SHIPPERS and service providers along the logistics value chain should work together to keep costs at competitive levels, says Deputy International Trade and Industry Minister Datuk Jacob Dungau Sagan.
“An efficient and cost competitive logistics and transportation sector is vital to maintain the competitiveness of exports,” he said at the opening of the National Shippers Conference [...]

Message from Shipping ?????

To all returning readers, thanks for the support all this while. You’ll see much lesser updates in this blog for the next few weeks or so (in fact, since the past few weeks) - got quite caught up really (hey i need a job to take care of my bills too ok?).
But do come back [...]

Giant CMA CGM Ship Makes Maiden Call At Westports

KUALA LUMPUR, Nov 29 (Bernama) — As an early appetizer for 2010, one of the world’s largest containership, the 13,300-TEU CMA CGM Christophe Colomb made its maiden call at Westports Malaysia Container Terminal last Sunday.
It represents the biggest vessel to arrive at Port Klang to date, Westports said in a statement on Sunday.
Although it was [...]

Hubline raises RM124mil for expansion

By SHARIDAN M.ALI
PETALING JAYA: Container and dry bulk shipping company Hubline Bhd has, via a recent corporate exercise, successfully raised RM124mil to be partly used in its expansion plan.Its rights issue of up to 621,676,421 new 20 sen shares at an issue price of 20 sen per share together with up to 621,676,421 new free [...]

External trade summary: Sep 2009

Following earlier post, below summary:

Malaysia’s exports registered a total value of RM47.2 billion in September 2009,  decreased slightly by 1.1% while imports dropped by 0.7% to RM38.0 billion compared with August 2009. Exports and imports dipped by 24.2% from RM62.3 billion and 20.2% from RM47.6 billion respectively, year on year basis.
 
Total trade in [...]

External trade stats: release Nov 11th 2009

External Trade (Updated :11/11/2009)

 

External Trade(RM Million)

Jan-Dec

January-September

2008p

2008p

2009

Total Exports

663,494

512,201

394,343

Total Imports

521,611

402,972

308,438

Balance of Trade

141,883

109,229

85,905

 

Major Export(RM Million)

Jan-Dec

January-September

2008p

2008p

2009

Natural Rubber

8,111

6,773

2,828

Palm Oil & Palm Oil-Based Products

64,808

51,369

37,220

Crude Petroleum

43,698

34,655

16,833

Petroleum Products

28,635

24,117

13,506

Liqufied Natural Gas

40,732

26,006

22,807

Timber & Timber Based Products [5]

22,650

16,993

13,949

Electrical & Electronic Products [5]

255,360

198,087

159,914

Articles of Apparel & Clothing Accessories [5]

12,096

8,934

8,130

Other Manufactured [...]