Global economic uncertainty and Middle East political turmoil are doing little to dim the attraction of emerging markets, which show signs of reducing their dependency on developed markets as they compete to be the trade hubs of the future, according to latest Emerging Markets Logistics …
0Global economic uncertainty and Middle East political turmoil are doing little to dim the attraction of emerging markets, which show signs of reducing their dependency on developed markets as they compete to be the trade hubs of the future, according to latest Emerging Markets Logistics …
PETALING JAYA: There should not be any issues to develop a third terminal in Port Klang in view of the probable capacity constraints to handle the expected increase in movement of goods in five years. Glenn Marine Group Malaysia chief executive officer Brian Paul said …
KUALA LUMPUR, Jan 17 (Bernama) — The country’s total trade is projected to grow by seven to eight per cent this year, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed. From January to November 2011, Malaysia’s total trade amounted to RM1.16 trillion with …
EVERGREEN’s founder chairman Chang Yung-fa predicts the global economy in 2012 will not likely to recover due to week demands of the European and American markets, slow livelihoods consumption and sluggish electronic industry, reports Taiwan’s Economic Daily News. Mr Chang says it will be hard …
MALAYSIA’s Port of Tanjung Pelepas (PTP) throughput totalled 7.5 million TEU in 2011, representing an increase of 15 per cent year on year and outperforming global volume growth by seven per cent. The sharp increase was driven by strong organic growth from existing customers as …
HYPE over the launch of the Daily Maersk service on the Asia and Europe route stresses its “conveyor-belt” regularity, but the real value is the promise of service guarantees, says Drewry’s Schedule Reliability Insight. The carrier offers daily cut-offs at four origin ports in Asia …
MARSEILLES shipping giant CMA CGM has announced it will increase freight rates and impose peak season surcharges on versatile trade lanes starting January 1. Rates on cargo from Asia to the east coast of South America will increase US$600 per TEU from January 1. For …
MALAYSIAN maritime interests have approved MISC Bhd’s decision to leave container shipping as a “wise move” because staying in would mean setting itself against heavyweight rivals in an unwinnable war of attrition. “To become a major player in the international container shipping industry requires massive …
Bloomberg reported that Malaysia Steel Works KL Bhd rose the most in more than two weeks in Kuala Lumpur trading after third quarter net income more than tripled to MYR 16.2 million. As per report, the stock climbed 1.9% to MYR 1.07 at 9:14 AM …