Northport, the smaller of the two operators at Port Klang, sees its MYR350m ($136m) investment in its new wharf 8 as key to preparing itself for the future, local reports quoted ceo Abi Sofian Abdul Hamid as saying.
Malaysia’s offshore vessels builder Nam Cheong has won an order for two accommodation work barges (AWBs) worth around $84m to a repeat customer Perdana Petroleum.
A proposed $10bn coal port expansion in Australia was shelved by its sponsors last Friday due to the anticipated lack of demand for the extra capacity.
Denmark’s Terntank has exercised options to build two LNG-powered 15,000 dwt product tankers at China’s Avic Dingheng Shipbuilding.
China’s Ningbo port has made improvements to its port transport and production through the acceleration of its transformation into a modern logistics port, reports said.