Malaysia Emerging as a Regional Hub for Shipbuilding and Ship Repair

Malaysia Emerging as a Regional Hub for Shipbuilding and Ship Repair

The Malaysian Investment Development Authority (MIDA), the government organization responsible for promoting foreign direct investment, announced that Malaysia has established a goal to become an Asian center for shipbuilding and ship repair (SBSR). The SBSR industry...
Finnish Company to Collaborate on Digital Port Projects in Singapore

Finnish Company to Collaborate on Digital Port Projects in Singapore

The Maritime and Port Authority of Singapore (MPA) has signed a Memorandum of Understanding (MoU) with Wärtsilä, a Finnish company that manufactures and services power sources in the marine and energy markets, to collaborate on projects to enable the introduction of...
Vietnam to Seek More Private Investment to Construct New Seaports

Vietnam to Seek More Private Investment to Construct New Seaports

In April 2023, a 24,000-TEU cargo ship M/V OOCL from Spain, on its first voyage connecting Asia and Europe, arrived at Gemalink Deepwater Seaport in the southern province of Ba Ria Vung Tau. This is also the first time Vietnam has been able to receive the...