Yinson Holdings has raised $100m from a perpetual bond issue through its Yinson Juniper unit under its $500m multi-currency perpetual securities programme, the FPSO player said in a stock market announcement.

Northport expects to recover from weak volumes in the first half and sees traffic picking up again in the fourth quarter, local reports quoted ceo Azman Shah Mohd Yusof as saying.

The Kuala Lumpur High Court has ruled in favour of PDZ Holdings over writs filed by three creditors against the company over alleged non-payment of bunker fuel supplied to its vessel PDZ Mewah.

A jump in marine business revenue from the start of charter of the FPSO John Agyekum Kufuor (FPSO JAK) in June combined with the stronger US Dollar to lift Yinson Holdings' to a 38.5% rise in net profit for the FY18 second quarter ended 31 July to...

Sapura Energy, continued to struggle with revenue for its FY18 second quarter ending July 31 slightly lower at MYR1.66bn ($393.1m) from MYR1.68bn in the previous corresponding quarter due to the lower contributions from its Drilling and...

Malaysian shipowner MISC is exiting the tank terminal business with the sale of its 45% stake in Centralised Terminals Sdn Bhd (CTSB).

Discounting the short-term impact of major customer CMA CGM moving to Singapore as part of the container industry realignment, Malaysian Transport Minister Liow Tiong Lai believed that with two out of the three major alliances operating in...

Regional Container Lines (RCL) is launching a new service linking Belawan, Indonesia with Penang, Malaysia.

Malaysian firm Daya Materials has exited its ill-fated offshore subsea business after completing the sale of its main asset Daya Global 1 to Siem OCV for $100m.

Budding Malaysian bunker player Straits Inter Logistics has won its first bunker supply contract after announcing its entry into the market at the end of last year.