MIDF Amanah: Strait Of Hormuz Closure Poses Limited Risk To Malaysia

KUALA LUMPUR, June 26 (Bernama) -- The possible closure of the Strait of Hormuz following the recent Iranian parliamentary vote poses limited risk to Malaysia, said MIDF Amanah Investment Bank Bhd.

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

PTP Scores Third Consecutive Month Of Record Throughput With 1.27 Million TEUs In May

ISKANDAR PUTERI, June 5 (Bernama) – Port of Tanjung Pelepas (PTP) set another operational milestone in May by handling 1.27 million twenty-foot equivalent units (TEUs), marking the third consecutive month of new throughput highs.

MISC Shares Down On Weaker 1Q FY2025 Results

KUALA LUMPUR, May 29 (Bernama) -- MISC Bhd’s shares fell in early trade after its net profit for the first quarter ended March 31, 2025 (1Q FY2025) dropped year-on-year on the back of lower revenue for the quarter. 

Lower Revenue From Key Segments Weighs On MISC’s 1Q 2025 Earnings

KUALA LUMPUR, May 28 (Bernama) -- MISC Bhd’s net profit eased to RM705.70 million in its first quarter ended March 31, 2025 (1Q 2025) from RM759.90 million in the same period a year earlier on the back of lower revenue for the quarter. 

MyCC Seeks Public, Stakeholders Feedback On Proposed VSA Block Exemption

KUALA LUMPUR, May 27 (Bernama) -- The Malaysia Competition Commission (MyCC) has invited all interested stakeholders and the public to provide their feedback on the proposed block exemption application for vessel sharing agreements (VSAs), as outlined in its consultation document.

Maritime Chain Crucial To ASEAN-GCC-China Economic Ties

By Harizah Hanim Mohamed

KUALA LUMPUR, May 25 (Bernama) – A maritime value chain that facilitates shipping connectivity and secures sea lanes, along with the ability to counter disruptions, is vital for ASEAN, the Gulf Cooperation Council (GCC) countries and China in their quest to consolidate tripartite economic cooperation and integration.

Enra Energy Partners With Italy's Fincantieri To Support Naval Vessel Projects

KUALA LUMPUR, May 22 (Bernama) -- Enra Energy Solutions Sdn Bhd, an indirect 70 per cent-owned subsidiary of Enra Group Bhd, has entered into a technical collaboration agreement (TCA) with Fincantieri S.p.A., a joint stock company incorporated in Italy.

PinC Technology, UMS Organise Tech And Maritime Competition For Undergraduates

LABUAN, May 21 (Bernama) -- PinC Technology Sdn Bhd and Universiti Malaysia Sabah (UMS) are collaborating to launch a joint initiative to organise a four-month national competition involving the marine industry.

Malaysia Intensifies Aerospace, Maritime Growth To Strengthen Economic Resilience

KUALA LUMPUR, May 21 (Bernama) -- The Malaysian Investment Development Authority (MIDA) reaffirmed the nation’s commitment to accelerating growth in the aerospace, and shipbuilding and ship repair (SBSR) sectors to strengthen economic resilience.

Keyfield International Cautiously Optimistic For FY2025 Amid Macroeconomic Headwinds

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) – Keyfield International Bhd, an offshore support vessel (OSV) provider, is adopting a cautiously optimistic outlook for the financial year ending December 31, 2025 (FY2025), despite a slower-than-usual start to the year and broader macroeconomic uncertainties.

Keyfield's 1Q 2025 Net Profit Drops To RM20.67 Mln On Lower Vessel Revenue

KUALA LUMPUR, May 15 (Bernama) -- Keyfield International Bhd posted a lower net profit of RM20.68 million for the first quarter ended March 31, 2025 (1Q 2025), compared with RM30.30 million in the same period last year.