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CIMB Securities anticipates Westports Holdings Bhd to record low single-digit growth in throughput volume for 2025.
Westports Holdings Bhd is expecting to post a low-single digit growth in financial year 2024 and its expects the Intra-Asia trade will remain as the groups’ main container volume contributor for the remainder of the year.
LABUAN: The Labuan Chamber of Commerce (LCC) is hopeful that the island’s transhipment activities will resume after being halted several years ago.
BUTTERWORTH: Penang Port, the oldest and longest established port in the country, has received its first transhipment at the North Butterworth Container Terminal (NBCT).
PETALING JAYA: Straits Inter Logistics Bhd has received the approval from Marine Department Malaysia for its unit Victoria STS (Labuan) Sdn Bhd to develop an integrated offshore ship-to-ship (STS) energy transhipment hub within the port limits of Victoria Bay, Labuan.
KOTA KINABALU: Efforts to turn the Sepanggar Bay Container Port (SBCP) into a transhipment hub for the BIMP-EAGA region must be expedited, says Datuk Dr Joachim Gunsalam.
Rising seas and unpredictable weather threaten Greenland's way of life, but melting permafrost opens doors to raw materials and new shipping routes.
PETALING JAYA: All containers arriving into or going out of Port Klang are required to undergo a machine-scanning process, says the Customs Department.
PETALING JAYA: Hong Leong Investment Bank (HLIB) Research expects a brighter outlook for Westports Holdings Bhd on the back of sustained strong gateway volume from robust foreign direct investment flows, along with tariff hikes scheduled for this year.
KUALA LUMPUR: The government is taking necessary actions to establish whether Malaysian laws had been breached in the alleged shipment of United States (US)-sanctioned artificial intelligence (AI) chips from Singapore to Malaysia, says Investment, Trade and Industry Ministry (Miti).
PETALING JAYA: The proposed new port fees against China-owned and China-built ships by the United States may impact Westports Holdings Bhd and MISC Bhd.
HANOI: US President Donald Trump has announced plans for tariffs that could virtually hit all Vietnam's goods exports to its top market, worth last year more than US$142 billion, according to United Nations data, about 30 per cent of Vietnam's gross domestic product.
PETALING JAYA: Enforcement actions were taken against 44 illegal e-waste factories last year, says Nik Nazmi Nik Ahmad.
KUALA LUMPUR: Pos Malaysia Bhd has appointed Sid Hart as the new head of Redly Express, its international courier services, effective Feb 3, 2025.
KUALA LUMPUR: The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.
SEOUL/SINGAPORE: Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with bottlenecks also appearing in other Asian and European ports.
Congestion at Singapore’s container port is at its worst since the Covid-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping, with bottlenecks also appearing in other Asian and European ports.
KUALA LUMPUR: Westports Bhd has entered its next growth phase as it hit several new milestones in financial year 2024 on the back of a surge in container volumes.
Westports Holdings Bhd has entered its next growth phase as it hit several new milestones in financial year 2024 (FY24) on the back of a surge in container volumes.
BUTTERWORTH: Attempts to bring in contraband by passing them off as furniture items and pre-loved attire were busted in two raids by the Customs Department recently, with unpaid duties totalling about RM5.5mil.
