Malaysia is also getting up to speed on smaller scale LNG solutions, including LNG bunkering, with national oil company Petronas' unit Petronas LNG signing a two-year service agreement with Argo Engineering and Eastport Marine to provide ship-to...
Malaysia Marine and Heavy Engineering (MMHE) returned to the black with a MYR16.4m ($3.9m) profit in the third quarter, recovering from a MYR4.5m loss in the previous correponding period, despite lower revenue and the completion of several projects.
Shin Yang Shipping Corp (SYS Corp) was hit by the continued weak shipping market seeing FY2017 net profit fall by a third to MYR5.3m ($1.25m) as revenue fell 8% to MYR 589.7m on lower revenue from the international shipping segment, with a 20%...
Malaysian shipping company MISC continues to divest non-core assets, disposing of its 25% stake in Trans-Ware Logistics (TWL), a Sri Lanka joint venture.