All Stories in Malaysian port

Malaysia’s TNB, Petronas to build power plant, LNG terminal in Sabah: report

Malaysia’s state power utility Tenaga Nasional Berhad, or TNB, and national oil company Petronas are to jointly build a 300 MW gas-fired power plant and LNG receiving terminal in Sabah, East Malaysia, local media reported Thursday. The gas plant and LNG terminal will be located …

Third terminal necessary, says Glenn Marine CEO

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 …

Tanjung Pelepas up 15pc to 7.5 million TEU, beating global growth by 7pc

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 …

Kontena Nasional eyes 25% revenue growth this year

Kontena Nasional Bhd (KNB), a premier logistics company, aims to achieve 25 per cent growth in revenue this year and in 2012, said its chief executive officer, Hood Osman. He said KNB was now in the midst of transforming its business modules and for that …

Low Water Surcharge!!

Now this is something new. It’s claimed that due to the lower draft into Kolkatta / Haldia ports, thus limiting the load factor of vessels plying this trade, a surcharge called “Low Water Surcharge” has surfaced. This is to be applicable for shipments ex-Port Klang …

Maersk and MISC convert south east Asia-Oceania loop into butterfly

DANISH shipping giant, Maersk Line together with Malaysia’s regional carrier MISC have increased coverage of southeast Asia and Oceania, adding six calls and five vessels to their NZ1/NZE services with Hapag-Lloyd, Hamburg Sud and Alianca taking slots, reports ComPair Data. This changes NZ1/NZE from a …

Penang Port plans new tariffs

GEORGE TOWN: Penang Port Sdn Bhd plans to introduce new tariffs in the middle of next year, said chief operating officer Obaid Mansor. Obaid told StarBiz that the proposal to raise port tariffs, comprising largely cargo-handling and ship charges, had been submitted to the regulatory …

Shipping Glut Portends Piracy, Safety Risks – Analysis

Overcapacity in the shipping industry and the worsening global economic outlook are likely to compound piracy and marine safety risks in the Southeast Asian region. THE RISK of renewed recession is one negative factor currently bearing on the shipping industry, regionally and globally. Faltering growth …

Malaysian Companies Should Enhance Exports To Latin America,says Matrade

Malaysian companies are urged to devise a long term marketing plan and devote enough resources to enhance exports to Latin America. The Malaysia External Trade Development Corporation (MATRADE) in a statement today said Malaysian companies should enhance their market share now while the market in …