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There are 23 news based on search keyword " vessel"

Genon Wins Indonesia Contracts After AI System Passes Validation

KUALA LUMPUR, Oct 21 (Bernama) -- Genon, a South Korean generative artificial intelligence (AI) solutions startup, announced that its Indonesian AI manufacturing automation business passed mass-production validation and has won follow-on contracts, accelerating its overseas expansion.

Kuala Lumpur Rubber Market Ends Firmer In Line With Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 20 (Bernama) -- The Kuala Lumpur rubber market ended firmer on Tuesday, supported by gains in regional rubber futures markets coupled with steady benchmark crude oil prices, said a dealer.

CILTM Sabah Hails Logistics Inclusion In Transport Masterplan

By Jailani Hasan

LABUAN, Oct 16 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has welcomed Sabah Industrial Development, Entrepreneurship and Transport Ministry’s positive response to its proposal to explicitly include logistics in the planned Sabah Sustainable Transport Masterplan.

Sabah Customs Ends Labuan-bound Cargo Transit via Kota Kinabalu Port

LABUAN, Oct 15 (Bernama) -- Sabah Customs has decided to discontinue the arrangement allowing Labuan-bound cargo and containers to transit through Kota Kinabalu Port for onward delivery to the island by road and ferry.

Lianson Fleet Unit Acquires Bulk Carrier For RM93.9 Mln

KUALA LUMPUR, Oct 13 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) wholly owned subsidiary, LFG Cengal Ltd, has acquired a bulk carrier, named LFG Cengal, for a total cash consideration of US$23 million (RM93.9 million) from an unrelated third party.

Budget 2027: Tax Incentives, Stamp Duty Reviewed To Support Local Shipping Companies

KUALA LUMPUR, Oct 12 (Bernama) -- Tax incentives for Malaysian shipping companies are proposed to be reviewed to contribute to the growth of Malaysian shipping fleet and reduce dependence on foreign vessels as well as enhance the inflow of ship freight revenue into Malaysia in the long term.

Tax Exemption Extension To Attract Shipping Firms To Malaysia -- Loke

PUTRAJAYA, 12 Okt (Bernama) -- A 10-year extension of income tax exemptions is expected to encourage more shipping companies to register their vessels in Malaysia rather than in other countries offering tax incentives, Transport Minister Anthony Loke said.

Budget 2027: Tax, Stamp Duty Incentives To Ease Shipowners’ Financing Constraints

KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.

Malaysia Should Establish Green Shipping Corridor To Accelerate Maritime Industry’s Green Transition - Expert

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia should establish a green shipping corridor to accelerate the maritime industry’s transition towards greener operations through closer coordination between the government and industry players, said an expert.

Yinson Prices US$1.458 Bln In Bonds To Refinance Agogo FPSO

KUALA LUMPUR, Oct 7 (Bernama) -- Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has priced US$1.458 billion (US$1=RM4.08) in bonds to refinance its Agogo floating production, storage and offloading (FPSO) vessel off the coast of Angola.

MISC Charters New LNG Carrier Th'ailib To QatarEnergy For 15 Years

KUALA LUMPUR, Oct 6 (Bernama) -- MISC Group has chartered its latest new-generation liquefied natural gas (LNG) carrier, Th'ailib, to QatarEnergy for 15 years, starting this year.

Prioritise Marine Food Security, Pollution Prevention In Budget 2027 - Expert

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia has been urged to recognise marine food security and marine pollution prevention as a matter of national resilience and economic priority in Budget 2027.