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.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Sarawak , freight rates , cabotage , exemption

Next In Business News

Ringgit opens firmer on weaker US$, 4Q GDP optimism
FBM KLCI seen consolidating ahead of GDP release, CNY holiday
Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Steel Hawk unit secures PETRONAS deal
Dialog enters recovery year driven by midstream recurring income
Stunning 4Q finish for Malaysia
Topmix posts record quarterly revenue and earnings
SC appoints LC Wakaful Digital as first social exchange operator
One Credit debuts smart fintech system
Infraharta Holdings wins RM11.4mil construction job

Others Also Read