Urgent.News

What's breaking now, across thousands of outlets.

Business

Kementerian Pengangkutan kendali semua lesen bunkering tahun depan

Kementerian Pengangkutan akan jadi agensi peneraju tunggal sektor bunkering bagi memastikan proses kelulusan lebih jelas dan konsisten.

Kementerian Pengangkutan kendali semua lesen bunkering tahun depan

On 1 February 2027, all licensing and related permits for bunkering will be controlled by the Ministry of Transportation (MOT), as part of Malaysia's efforts to become Asia-Pacific's leading bunkering hub by 2030. MOT Minister Loke Siew Fook stated that MOT will be the leading agency for the sector, ensuring clearer and consistent licensing processes, while strengthening safety, fuel quality, and environmental protection.

Starting 1 February 2027, all licensing for bunkering licenses and related permits will be controlled by the Ministry of Transportation (MOT). This will hold the licensing authority accountable and support consistent decisions on safety, fuel quality, and environmental protection, he said at Malaysia Maritime Week 2026 at the Kuala Lumpur Convention Centre (KLCC).

Loke said the overhaul is crucial for building a more competitive bunkering sector and meeting the needs of the shipping industry as the world transitions to cleaner marine fuels. Malaysia had set a target to become Asia-Pacific's leading bunkering hub by 2030. As part of this, the government continues the Malaysia Maritime Bunkering initiative to develop a greener and more sustainable fuel ecosystem, including the use of fuels such as LNG, biofuel, and methanol.

Malaysia is also working with Australia to develop legislation and frameworks for green bunkering, including the use of fuels like LNG, biofuel, and methanol.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at freemalaysiatoday.com →

More in Business

KT&G expands global duty-free presence with ESSE, RAISON and BOHEM

KT&G, led by CEO Bang Kyung-man, participated in TFWA World 2026, the world’s largest duty-free industry exhibition, held in Cannes, France, from September 27 to October 1 (local time).Organized by…

  • KT&G CEO Bang Kyung-man showcased company's global presence at TFWA World 2026.
  • Company aims to expand operations in Europe and Latin America post-exhibition.

Global Automakers’ Operating Profits Plunge 63%

A growing trend of “selling more but keeping less” is becoming increasingly evident in the global automotive market. While vehicle sales and revenue have edged upward, profits have fallen to less than…

  • Global automakers' operating profits plunge 63%, from 7.9% to 2.3%
  • Heavy investment in EVs, ADAS, AI driving profitability decline
  • Chinese automakers' aggressive expansion and tariff policies exacerbate competition

More from Tuesday 29 September →