Loke: MOT supports Westports Malaysia 2 expansion project.

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Panama Canal announces second set of restriction easing in June

Panama Canal announces second set of restriction easing in June. Through an Advisory to Shipping, the Panama Canal has announced that, effective June 26, the maximum authorised draught was raised to 14.33 metres (from 46 to 47 feet), and on July 11 will increase to 14.63 metres (48 feet). Additionally, a new booking slot for the Neopanamax locks will be [...]

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Malaysia-China JV wins RM209mil Miri Port job

India to create $9bn mega port Near Mumbai. KUCHING: A joint venture (JV) between Malaysian and Chinese companies has been awarded a RM208.9mil contract to dredge the access shipping channel to Miri Port terminal and construct training bunds in the Batang Baram Delta. Rimbun Prima Sdn Bhd and China Communications Con-struction Company (M) Sdn Bhd joint venture (JV) had signed [...]

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Maritime shipping still on troubled waters

Maritime shipping still on troubled waters Ocean spot rates hit 2-year highs. Spot rates for shipping forty-foot equivalent containers over the ocean from China to North America hit their highest levels since the summer of 2022 and are still climbing. Supply chain disruption has returned to the maritime industry, but how does it compare to the pandemic era and is [...]

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