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JOHOR BARU: Johor Port has achieved an important milestone, handling more than one million twenty-foot equivalent units (TEUs) of containers in 2019, the first time since it started the container terminal operations back in 1993.
Athens: Chinese President Xi Jinping held talks in Greece, where he is eagerly awaited by the new pro-business government.
NEW YORK: Oil prices dropped more than $1 a barrel on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.
KLANG: The Port Klang Free Zone (PKFZ) transformation masterplan will see the enhancement of its asset utilisation to better serve the future growth of the regional maritime trade and the logistics industry.
SINGAPORE: Teekay LNG's liquefied natural gas (LNG) tanker venture, the Yamal LNG Joint Venture, is no longer subject to U.S. sanctions after a change of ownership at its partner China LNG Shipping (Holdings) Ltd, Teekay companies said late on Tuesday
NEW YORK: Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures.
KUALA LUMPUR: CGS-CIMB Equities Research estimates that 19 of AET Tanker Holdings Sdn Bhd’s crude tankers, being 18.4% of its capacity days in fourth quarter 2019, may be caught in the web of US sanctions against Venezuela.
SINGAPORE: China’s biggest refiner plans to reduce operations from next month after a surge in the cost of shipping crude eroded margins, according to sources.
KUALA LUMPUR: CGS-CIMB Equities Research estimates that 19 of AET’s crude tankers, being 18.4% of its capacity days in 4Q19F, may be caught in the web of US sanctions against Venezuela.
DUBAI (Reuters) - An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia's coast on Friday, Iranian media said, an incident that if confirmed will stoke tension in a region rattled by attacks on tankers and oil sites since May.