Previously split between the Malaysian Iron & Steel Industry Federation and Malaysia Steel Association, players in the country’s steel industry are joining forces to seek the government’s aid to regulate the mechanism on imported steel products into Malaysia. Mr Chow Chong Long president of MISIF …
KOTA KINABALU: Between the issuance of 40,000 free MyKads, the government’s refusal to hold an RCI on legalised illegals and the cabotage policy controversy, Sabah Umno and its partners in BN are between the devil and the deep blue sea, so to speak. Will money …
BREAKBULK and general cargo, consigned to the dustbin of history by the container revolution, has enjoyed a resurgence in recent times with a mini-boom in project and heavy lift shipping – but desperate containerships are proving to be versatile rivals, says a Drewry report. “Project …
ASIA-EUROPE freight rates have once again risen after a brief hiatus over the past two weeks, as spot rates on the trade last week increased 21 per cent to US$1,660 per TEU, according to the latest data from the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean …
Talk is rife that Northport (Malaysia) Bhd managing director and CEO Datuk Basheer Hassan Abdul Kader may not seek to renew his contract, which expired on Saturday, with the port operating subsidiary of NCB Holdings Bhd. Industry sources said the matter was recently discussed at …
Mar 27: Crude oil prices gained 16 cents to USD107.03 a barrel. Source: STARBIZ # 28 mar: Crude oil prices added 30 cents to USD107.33 a barrel. Source: STARBIZ # 29 Mar: Crude oil prices plunged USD1.92 to USD105.41 per barrel. Source: STARBIZ # Powered …
29 Mar: Crude oil prices plunged USD1.92 to USD105.41 per barrel. Source: STARBIZ
Equatorial allowed to pursue its claim for over $21.7 million from shipping firm MISC for alleged non-payment of bunkers. Source: Bunkerworld (28th Mar 2012)
A deluge of enormous containerships has recently flooded the market as ships held back at yards during the downturn are being delivered at last, adding capacity in an already overtonnaged scenario, according to Exim News Service. China Shipping Container Lines (CSCL) has taken delivery of …