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Corporate News 11 Jul 2016 | 2:54 AM

Genting HK to invest 100m euros in its German shipyard MV Werften

HONG KONG: Genting Hong Kong Ltd will invest 100 million euros in its German shipyard, MV Werften to focus on building new large ships.

Business 23 Jun 2016 | 3:28 PM

Malacca Int’l Cruise Terminal to be completed next year

MALACCA: The construction of the Malacca International Cruise Terminal, part of the Melaka Gateway project, will kick off in three months and is expected for completion in 2017.

Economy 10 Jun 2016 | 3:46 PM

Gateways at three ports to turn M’sia into a cruise hub

PORT KLANG: The setting up of three ports as tourism gateways is set to attract more cruise ship visits and turn the country into a cruise hub, Transport Ministry Secretary-General Datuk Seri Saripuddin Kasim said.

Corporate News 22 Mar 2016 | 11:07 PM

Wall St down but pares losses after Brussels blasts

New York: Wall Street closed slightly lower on Tuesday, inching back from an initial selloff that followed deadly attacks in Brussels, as declines in consumer and telecom stocks offset a jump in healthcare shares.

Corporate News 04 Aug 2014 | 12:00 AM

Boustead: Pricing for sea-fronting land in Pulau Indah fair

PETALING JAYA: Boustead Holdings Bhd (BHB) has clarified that the RM310mil it paid for the Port Klang Cruise Centre (PKCC) and 69.88 acres of land in Pulau Indah, Selangor was for a few reasons, including scarcity premium for sea-fronting and deep water parcels.

Property 24 Jul 2014 | 12:00 AM

Boustead plans to buy Klang land for RM310mil

PETALING JAYA: Boustead Holdings Bhd (BHB) has proposed an acquisition of nine parcels of land located in Klang, Selangor, for the total purchase consideration of RM310mil.

Business 03 Jun 2013 | 12:00 AM

The region is benefiting from the visits of mega cruise ships

PORT KLANG: Banking on its sunny weather all year round and interesting tourist spots, South-East Asia is becoming one of the preferred destinations for mega-size cruise ships, potentially giving a boost to the tourism industry in the region.

Business 06 May 2013 | 12:00 AM

South Korea’s STX Group considering to sell its European shipyards

SEOUL: South Korea’s troubled shipbuilding and shipping conglomerate STX Group is considering selling its European assets including its shipyards in France and Finland, a spokesman said Saturday.

Business 28 Dec 2012 | 12:00 AM

STX France lands major luxury liner order

NANTES, France: An ailing French shipyard landed a multi-million-dollar contract Thursday as a US cruise company announced it was ordering a massive luxury liner from STX France at Saint Nazaire.

Business 17 Jul 2012 | 12:00 AM

Glenn Marine eyes Bursa listing

PETALING JAYA: Glenn Marine Group Malaysia is mulling over the idea of listing its cargo terminal subsidiary that largely handles cruise ship operations.