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Shopping News / Articles
Treat RM220m international maritime trade issue with same urgency as political cases, maritime expert tells MACC
5+ day, 9+ hour ago (664+ words) KUALA LUMPUR, Oct 2 — Maritime industry expert Datuk Seri R. Jeyenderan today questioned why an international maritime trade issue involving petroleum cargo worth more than RM220 million had yet to receive a clear answer from the Malaysian Anti-Corruption Commission (MACC), when the…...
Maritime industry expert urges clearer timelines for probes, says prolonged uncertainty hurts businesses
4+ week, 1+ day ago (448+ words) KUALA LUMPUR, Sept 8 — Maritime industry expert Datuk Seri R. Jeyenderan has called for clear timelines to be set for investigations into alleged corruption and other misconduct, saying prolonged probes without clear updates could create uncertainty for affected parties. He said…...
Tebrau MP to raise in Parliament tax uncertainty over commingled oil cargo
1+ mon, 2+ week ago (445+ words) KUALA LUMPUR, Aug 21 — Tebrau MP Jimmy Puah Wee Tse will raise in Parliament concerns over uncertainty surrounding taxation on commingled oil cargo stored in shore tanks at Tanjung Langsat Port, Johor. He said the matter required clarification from the Royal…...
Independent review, not blind denial, needed to address US transshipment claims, says maritime trade expert
1+ mon, 2+ week ago (499+ words) KUALA LUMPUR, Aug 21 — Malaysia should conduct an independent review into allegations by the United States (US) concerning transshipment activities to ensure any violations are identified while protecting the country's reputation, according to Datuk Seri R. Jeyenderan. The maritime expert said…...
MACC urged to clarify status of two-month-old petroleum cargo commingling report
1+ mon, 2+ week ago (449+ words) KUALA LUMPUR, Aug 19 — Maritime industry observer Datuk Seri Jeyenderan Ramasamy has urged the Malaysian Anti-Corruption Commission (MACC) to provide a written update on a report lodged in June concerning the alleged commingling or blending of petroleum cargo. The chief executive…...
Maritime expert: Port businesses hit hard by uncertainty over commingled oil tax
1+ mon, 3+ week ago (408+ words) KUALA LUMPUR, Aug 12 — Businesses involved in the shipping and petroleum sectors are being badly affected by uncertainty over the tax treatment of oil cargo commingled in shore tanks at Johor's Tanjung Langsat Port, said Maritime Network Sdn Bhd chief executive…...
Maritime executive says K8 declaration confusion affecting industry, urges Customs Dept to clarify
2+ mon, 1+ week ago (470+ words) KUALA LUMPUR, July 28 — Maritime Network Sdn Bhd chief executive officer Datuk Seri Jeyenderan Ramasamy today urged the Royal Malaysian Customs Department (JKDM) to provide an immediate explanation on the implementation of the K8 declaration procedure, claiming confusion over its application is…...
Maritime industry leader warns bill of lading mismatches can expose shipping sector to major risks
4+ mon, 3+ week ago (422+ words) KUALA LUMPUR, May 13 — A senior maritime industry executive has warned that mismatches involving bills of lading (BL) and physical cargo movement are emerging as a growing operational and regulatory risk in the global shipping and commodity trading sector. Maritime Network…...
Penang Port ramps up emergency monitoring as Middle East conflicts threaten shipping routes
6+ mon, 4+ week ago (341+ words) GEORGE TOWN, March 10 — The Penang Port Commission (PPC) has activated an emergency monitoring mechanism to safeguard supply chain resilience following conflicts in the Middle East. PPC chairman Datuk Yeoh Soon Hin said the conflicts in Middle East could affect global…...
Penang industries brace for rising logistics and energy costs amid Middle East tensions
6+ mon, 4+ week ago (385+ words) GEORGE TOWN, March 10 — Penang industries are closely watching potential disruptions to logistics, supply chains and energy prices as global tensions begin to affect shipping routes and operating costs, Penang Chief Minister Chow Kon Yeow said. He said currently, concerns are…...
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