On the celebration of 60 years of operations by the Port Klang Authority (PKA) of Malaysia, Transported Asset Protection Association Asia Pacific (TAPA APAC) participated in the hybrid webinar event titled "Maritime Security: Challenges of a Trading Nation", co-hosted by PKA and the Maritime Institute of Malaysia (MIMA). The event was held on the 1st…
The global order of sea trade is at risk due to geopolitical divisions. The ongoing war in Ukraine has already disrupted shipments of energy and grain from Russia. A potential invasion or blockade of Taiwan could have the same effect on trade in East Asia. However, insurance coverage does not currently account for the possibility…
A fire broke out on a container ship, the MV KMTC Shenzhen, near Pantai Acheh, Port Klang. Fortunately, none of the crew members were injured in the incident. Upon receiving a distress call, the Malaysian Maritime Enforcement Agency (MMEA) swiftly deployed a Selangor MMEA boat, two tugboats from Westport, and another from Northport to the…
China has surpassed other nations to become the largest shipowning country in terms of gross tonnage, as per research conducted by a UK data provider.
Chinese shipowners now possess a fleet of 249.2 million GT, accounting for a 15.9% market share valued at $180 billion. Greek vessel owners, previously in the top spot, now hold second…