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KUALA LUMPUR, July 31 (Bernama) -- MISC Bhd has been awarded a contract from Malaysia LNG Sdn Bhd (MLNG), the operator of Petronas liquefied natural gas (LNG) Complex in Bintulu, Sarawak, for a long-term charter of a newbuild 18,700 cubic metres (cbm) LNG carrier (LNGC).
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KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia opened mixed on Friday as gains on Wall Street, driven by robust US corporate earnings and a rally in chip stocks, were tempered by lingering geopolitical concerns.
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KUALA LUMPUR, July 29 (Bernama) -- Petra Energy Bhd's wholly-owned subsidiary Petra Marine Sdn Bhd (PMSB) has inked two memoranda of agreement (MoAs) for the disposal of its vessels for a total of about RM61.31 million.
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KUALA LUMPUR, July 29 (Bernama) -- The CSL Group (CSL), a leader in responsible marine transportation services, has announced the delivery of MV Wontanara, the first of five state-of-the-art transhipment shuttle vessels (TSVs) commissioned to support the Simandou iron ore project in Guinea.
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LABUAN, July 29 (Bernama) -- The Labuan Port Authority (LPA) is optimistic that the marine services implemented by Megah Port Management Sdn Bhd (MPM) within the Labuan Port limits will operate smoothly, safely and efficiently in accordance with international maritime standards.
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LABUAN, July 29 (Bernama) -- Megah Port Management Sdn Bhd (MPM) today officially commenced its marine services at Labuan Port, backed by the acquisition of four tugboats worth RM23 million.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.
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KUALA LUMPUR, July 24 (Bernama) -- Maritime company MISC Bhd is projected to deliver a three-year earnings compound annual growth rate (CAGR) of 12 per cent, driven by 19 asset additions and stronger contributions from fully owned liquefied natural gas (LNG) carriers, according to AmInvestment Bank Research.
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KUALA LUMPUR, July 22 (Bernama) -- Escalating geopolitical risks in West Asia are causing the retail prices of unsubsidised petrol and diesel to rise from July 23 to July 29, 2026, according to the Ministry of Finance (MOF).
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KUALA LUMPUR, July 22 (Bernama) -- Orkim Bhd’s wholly-owned subsidiary, Orkim Ambition Sdn Bhd, has entered into a Memorandum of Agreement with ALLContinents International Shipping Ltd for the proposed acquisition of an IMO Type II oil/chemical tanker for 157 million renminbi (about RM94.88 million).
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 22 (Bernama) -- The spike in crude oil prices helped lift the ringgit, which finished higher against the US dollar and other major currencies at today's close.
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By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.