Tariffs, uncertainties weigh on shipping in 1H25


Ongoing talks between PETRONAS and Petros, relatively stagnant freight rates, and geopolitical tensions affecting maritime routes dominated the sector.

KUALA LUMPUR: Malaysia’s shipping industry navigated cautiously in the first half of financial year 2025 (1H25), as industry players assessed market conditions and challenges, operating in a complex environment that demanded a measured and deliberate strategy.

Ongoing talks between Petroliam Nasional Bhd (PETRONAS) and Petroleum Sarawak Bhd (Petros), relatively stagnant freight rates, and geopolitical tensions affecting maritime routes dominated the sector.

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