Malaysian banks must back bunkering players or lose business to Singapore, says industry leader

malaymail.com · economy
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Malaysia's maritime industry is urging local banks to provide more financing support for bunkering companies. An industry leader warns that a lack of financial backing could lead to a loss of business to Singapore. The goal is to ensure that local players can compete and grow within the maritime sector. Without these loans and credit facilities, Malaysian firms may struggle to maintain their market position. The call for support aims to strengthen the domestic maritime infrastructure. This move is seen as necessary to prevent a shift in regional trade dominance.

KUALA LUMPUR, Oct 31 — Malaysia’s maritime industry is calling for a stronger financing support f...

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