Iran conflict redraws LNG trade routes
A tense global hunt for liquefied natural gas (LNG) sparked by the war in the Middle East is starting to shift physical supply flows, as more shipments bound for Europe are diverting to Asia.
TWPH treads caution on its Gulf operations
Tien Wah Press Holdings Bhd (TWPH) has implemented internal monitoring measures and is maintaining close communication with its key suppliers, logistics partners and customers to assess and mitigate any potential risks to its operations in the Gulf region.
Westports seen resilient despite Hormuz conflict
While the conflict in the Strait of Hormuz has disrupted global energy markets, Malaysia's container ports, led by Westports Holdings Bhd, appear largely insulated.
FMM: Set up export task force amid disruptions
A coordinated government-industry response is needed to address the growing impact of the Iran-US-Israel conflict and the disruptions around the Strait of Hormuz on Malaysia's manufacturing exports and maritime trade, says the Federation of Malaysian Manufacturing (FMM).
FedEx tops UPS in market value for the first time
FedEx Corp has eclipsed rival United Parcel Service Inc (UPS) as the largest US parcel carrier by market value for the first time, a landmark moment underscoring the couriers' diverging paths in the volatile package-delivery business.
PPC triggers emergency monitoring due to Middle East conflict
The Penang Port Commission (PPC) has activated an emergency monitoring mechanism to safeguard supply chain resilience following escalating military tensions in the Middle East.
PPC strengthens global maritime monitoring
The Penang Port Commission (PPC), in active coordination with Penang Port Sdn Bhd (PPSB), is conducting daily assessments of the cruise calendar at the Swettenham Pier Cruise Terminal (SPCT).
Oil traders seek details on Trump’s convoy plan
Traders were on Wednesday awaiting further details of President Donald Trump's plan to guarantee the free flow of energy shipments through the Persian Gulf, as the shipping industry warned the proposal may struggle to restore confidence after attacks effectively shut the Strait of Hormuz.
Xin Hwa gets RM3.44mil logistics job
Xin Hwa Holdings Bhd's wholly owned subsidiary, Xin Hwa Trading & Transport Sdn Bhd, has secured a transportation service order worth about RM3.44mil from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE).
Trump’s Hormuz assurances viewed as only partial fix
President Donald Trump says the United States will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it – at best – as only a partial solution to a historic crisis.
