KUALA LUMPUR, March 24 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent), and the Vietnam National Scale Rating of aaa.VN (Exceptional) for PVI Insurance Corporation (PVI Insurance), with a stable outlook.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.
KUALA LUMPUR, March 4 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced that its regional operating subsidiaries have expanded its bunkering operations across major and strategic marine fuel supply locations in Thailand, marking a significant milestone in the company’s global growth strategy.
GEORGE TOWN, March 2 (Bernama) -- Meetings, Incentives, Conferences, and Exhibitions (MICE) activities in Penang generated about RM1.91 billion in estimated economic impact (EEI) for 2025, a significant 47.7 per cent increase compared to 2024.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
KUALA LUMPUR, March 1 (Bernama) -- All Malaysian-registered vessels and local shipping companies are advised to exercise necessary precautionary measures, including avoiding transiting through the Strait of Hormuz until further notice, to ensure the safety of navigation following security developments in the Middle East region.
KUALA LUMPUR, Feb 24 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels (Thailand) Co Ltd (Uni-Fuels Thailand), strengthening its global supply and operations network.
KUALA LUMPUR, Feb 23 (Bernama) -- Pos Malaysia Bhd posted a net loss of RM209.26 million in the financial year ending Dec 31, 2025 (FY2025), compared to a net loss of RM202.67 million in FY2024.
KUALA LUMPUR, Feb 13 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced that its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has renewed its ISCC EU and ISCC PLUS certifications following the completion of its first ISCC-certified biofuel delivery in 2025.
KUALA LUMPUR, Feb 3 (Bernama) -- North Atlantic France SAS has completed the acquisition of ExxonMobil France Holding SAS’s (ExxonMobil) entire stake in North Atlantic Energies, formerly known as Esso Société Anonyme Française SA, representing 82.89 per cent of the company’s share capital and voting rights.
KUALA LUMPUR, Jan 21 (Bernama) -- Uni-Fuels Holdings Limited announced its wholly owned subsidiaries will offer European Union Allowances (EUAs) to help shipowners and operators comply with the European Union Emissions Trading System (EU ETS) as it applies to maritime transport.
