posted : 30th NOVEMBER 2020
The Ministry of Transport is grateful and happy with our collaboration and the very fact that we can now concentrate on Conventional tonnages. Middle next year 2021, we shall be engaging the shipowners’ various associations to highlight the effectiveness of our collaboration and the added value. Hence, we should be competitive.
In view of this, we need to think outside the box and find means to capitalize on this collaboration, instead of harping on the low premium rates the Malaysian ship owners are currently enjoying. Whilst global market rates are reported to harden, new emerging market players are spoiling the markets with cheap capacity.
It is imperative, we built and enhance the working relationship, friendship and trust as we both want this partnership to be long term.
We thank you for your sincere support.