Rough seas ahead for Sarawak shipping


Ling said Syscorp had also started shipping services to Samalaju Port in Bintulu following the operation of its interim facilities comprising two barge berths and one roll-on, roll-off ramp about three months ago.

KUCHING: Sarawak shipping companies, already facing prolonged depressed freight rates, are in for tougher times with the scrapping of the cabotage policy.

The policy change means that foreign cargo ships will be allowed to call directly at ports in Sarawak, Sabah and Labuan, and to transport cargo from Peninsular Malaysia to the East Malaysian states and Labuan.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Sarawak , freight rates , cabotage , exemption

   

Next In Business News

GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
Book speaks volumes about Penang food
Can Lotte Chemical Titan weather the challenges?
US market - prudence is golden
Litmus test for China
Boons and banes of the DRG
Navigating tomorrow’s markets today
Will these acquisitions pay off?

Others Also Read