LAHAD DATU, Sep 5 — The maiden docking of container vessel 17224 DWT MV Danum 172 at the purpose-built Palm Oil Industrial Cluster (POIC) Container Terminal here today has raised Sabah’s hope of becoming the Rotterdam of the East Deputy Chief Minister cum Trade and Industry Minister Datuk Seri Panglima Wilfred Madius Tangau said the POIC Container Terminal would propel Sabah to greater heights to become an industrialised state by 2030.     “The Sabah government had agreed for the POIC Lahad Datu to become a full-fledged port on Oct 23, 2018 but there were delays, mainly due to bureaucracy and resistance from within the government itself. “This indeed is a small step for Lahad Datu, one giant leap for Sabah. I wish to say sorry because all seemed on track last year... But only now it is happening. It was too long a wait; all the facilities had been in place for more than a year,” he said in a statement here, today.   The vessel is owned by Shin Yang Shipping...

Malaysia is bound to set a key milestone in the maritime industry as leading integrated ship management brand, Synergy Marine (M) Sdn Bhd recently unveiled its collaboration with Malaysian companies, MTCMS Design Sdn Bhd and Shin Yang Shipping Corporation Berhad (through their subsidiary Shin Yang Shipyards Sdn Bhd) to design, build and deliver Malaysia’s first LNG-Powered Vessel Shipbuilding - set to revolutionise the Malaysian maritime sector. Not only is the vessel the first in Malaysia and across Asia, she will also be the first to be built on Malaysian shores. Synergy Marine has taken on the challenge to invest in doing research and development for the evolution in ship design to the most advanced and high technology in 3D, which include Digital Twin Technology for the new vessel, complete with virtual reality technology for maintenance, safety drills, and training purpose. With this vessel, Synergy Marine intends to service various global Oil & Gas companies who will...

  Three Malaysian companies have reportedly signed a memorandum of understanding (MoU) that would see the first LNG-powered ship built and operating in Malaysian waters by the end of 2020. The contract for a dual-fuel platform support vessel (PSV) is estimated to be worth US$45M, according to multiple reports in Malaysian publications from an MoU signing ceremony between Synergy Marine ship operators, designers MCTMS and Shin Yang Shipyard. In a speech at the event, Synergy Marine’s managing director Dato’ Roslan Ahmad reportedly said the move to build an LNG-fuelled vessel was driven by environmental concerns. Mr Ahmad said the 77-m vessel matched the company’s core value of ‘caring for the environment’ while also meeting IMO’s global cap on sulphur in marine fuel. With the company active in offshore oil and gas, Mr Ahmad cited the recent recovery of oil prices as a precursor to increased activity in the sector and said the move was...

Shin Yang Shipping Corporation acquired another 2 units of container vessels - Danum 171 and Danum 172  in month July and August 2018 to expand container ship fleet services.    
Shin Yang Shipping Corporation Bhd acquired a 1600TEU Container Vessel - Danum 168 recently in month of December 2017 to enhance our shipping capabilities.  
  KUALA LUMPUR: Northport (Malaysia) Bhd, Shin Yang Shipping Sdn Bhd and Harbour-Link Group Berhad have signed a memorandum of understanding (MoU) to firm a strategic alliance called The East Malaysia Network or TEAM Network.   MMC Corporation Bhd said in a statement the MoU was aimed at achieving economies of scale through the sharing of resources such as vessels, terminals arrangements and networks. “It is also expected to increase shipping service frequency through a scheduled alignment between Shin Yang and Harbour-Link. “With the consolidation of vessel capacity between the two lines, the pact will create greater economies of scale with the optimised deployment of vessels and a wider port coverage.  "It will also result in a reduction of operating expenses as well as optimisation of capital expenditures for both shipping lines,” it added. Northport chief executive officer Datuk Azman Shah Mohd Yusof said the strength of Northport, Shin...