Reliable national and regional news coverage.
Iran and Oman are developing joint mechanisms to govern maritime traffic through the Strait of Hormuz, Iranian Foreign Minister Abbas Araghchi announced during talks with UK counterpart Ed Miliband.
Iranian forces reportedly attacked a Thai-flagged vessel in the Strait of Hormuz as US and Iranian military operations intensify, threatening commercial shipping and global oil supplies through one of the world's busiest energy corridors.
Oman has rejected mandatory transit fees for vessels in the Strait of Hormuz, instead proposing voluntary arrangements for navigational services modelled on the Strait of Malacca system, as tensions escalate over Iranian toll collection.
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Selangor has finalised all land matters for Port Klang's third terminal on Pulau Carey, securing over 1,700 hectares across seabed and state-owned land. The project now awaits federal approval on ownership and jurisdiction before construction can begin.
Singaporean shipping magnate Teo Siong Seng and other container industry executives have been sued in US federal court by American firms claiming losses from an alleged global price-fixing cartel that artificially inflated shipping container prices.