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Malaysia and Singapore will collaborate to build the first green offshore supply vessel (OSV) locally, worth approximately US$25 million (about RM111.5 million). The strategic partnership would involve three key local shipbuilding and ship repair players, and an innovative green company from Singapore.
No safety gear at all or even if available, the equipment is either poorly maintained or badly in need of being replaced.
KUALA LUMPUR (April 22): The Association of Marine Industries of Malaysia (AMIM) has welcomed the Cabinet's decision to proceed with the littoral combat ship (LCS) project.
Local shipbuilders appeal to fishermen to look at local shores first when it comes to ordering new boats. They are just as good as any foreign players out there, says the country’s shipbuilders association.
Maritime industry expects to rally after pandemic shockwave 20 Dec 2020 / 10:20 H. Pix for representational purpose only. KUALA LUMPUR: Global maritime trade is expected to plunge 4.1 per cent in 2020, as the health pandemic has taken a toll not only on the supply chains but also shipping networks and ports, resulting in plummeting cargo volumes, of which Malaysia was not spared. The industry has also been dealing with the knock-on effects of growing trade protectionism and inward-looking policies, according to United Nations Conference on Trade and Development (UNCTAD) in a report last ...