Latest news with #Steadfast


The Sun
17-07-2025
- Politics
- The Sun
MMEA begins mission to bring ex-USCGC Steadfast to Malaysia
PUTRAJAYA: The Malaysian Maritime Enforcement Agency (MMEA) has launched a mission to bring the former United States Coast Guard Cutter (ex-USCGC) Steadfast to Malaysia, with the vessel expected to arrive in November. A team of 46 enforcement personnel will depart for Baltimore, US, on July 18 to oversee the operation. MMEA director-general Admiral Datuk Mohd Rosli Abdullah stated that the team will serve as the first crew for the vessel, which will strengthen Malaysia's maritime enforcement, particularly in the South China Sea. 'This mission marks a proud moment in history, not only for the agency but for Malaysia as a whole. It is not just an ordinary voyage - it symbolises international recognition of the MMEA's capabilities and professionalism,' he said. Four MMEA officers have been in Baltimore since May for adaptation training and technical inspections as part of the preparations. Mohd Rosli also thanked the MADANI Government, led by Prime Minister Datuk Seri Anwar Ibrahim and Home Minister Datuk Seri Saifuddin Nasution Ismail, for approving the transfer. 'Without the strong support of the government, a mission like this would not have become a reality,' he added. The ex-USCGC Steadfast measures 64.14 metres in length and 10 metres in width, with a top speed of 18 knots. In a separate development, Mohd Rosli supported the Home Minister's call for civil servants to enhance their competence and integrity. 'These qualities are essential for every MMEA officer. Without them, maritime security could be compromised,' he said. - Bernama


Borneo Post
17-07-2025
- Politics
- Borneo Post
MMEA starts mission to bring home former US Coast Guard vessel, expected to arrive in November
The Ex-USCGC Steadfast is capable of reaching speeds of up to 18 knots. — Photo from Facebook/Agensi Penguatkuasaan Maritim Malaysia PUTRAJAYA (July 17): The Malaysian Maritime Enforcement Agency (MMEA) has begun a mission to bring home the Ex-United States Coast Guard Cutter (Ex-USCGC) Steadfast from the United States (US), with the vessel expected to arrive in Malaysia this November. MMEA director-general Admiral Datuk Mohd Rosli Abdullah said that a team of 46 enforcement personnel will depart for Baltimore, US, tomorrow to carry out the mission. He said the team will serve as the first crew for the vessel, which will become a new asset for the MMEA and boost the country's maritime enforcement capabilities, particularly in the South China Sea. 'This mission marks a proud moment in history, not only for the agency but for Malaysia as a whole. It is not just an ordinary voyage – it symbolises international recognition of the MMEA's capabilities and professionalism,' he said in a statement. Mohd Rosli added that four MMEA officers have been in Baltimore since May to undergo adaptation training and carry out technical inspections of the vessel as part of the initial preparations for the return journey. He also expressed his appreciation to the Madani Government led by Prime Minister Datuk Seri Anwar Ibrahim and Home Minister Datuk Seri Saifuddin Nasution Ismail for approving the process of receiving the ship from the US Coast Guard. 'Without the strong support of the government, a mission like this would not have become a reality. This proves that the country's leadership consistently supports efforts to strengthen Malaysia's maritime security,' he said. The Ex-USCGC Steadfast measures 64.14 metres in length and 10 metres in width, and is capable of reaching speeds of up to 18 knots. Meanwhile, in another development, Mohd Rosli welcomed the Home Minister's call for civil servants to equip themselves with competence and skills in performing their duties, while upholding trust and integrity. 'These qualities are essential for every MMEA enforcement officer. Without competence and skills, the agency's assets cannot be managed effectively. If trust is not the core value, the nation's waters will be exposed to maritime crime threats, endangering the country,' he said. — Bernama Ex-United States Coast Guard Cutter Steadfast MMEA Mohd Rosli Abdullah

Mercury
01-06-2025
- Business
- Mercury
Stock Tips: WTC could be a wise choice this week
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Andrew Eddy – Morgans Financial BUY WiseTech Global (ASX:WTC) Wisetech is acquiring E2open, expanding its market reach and capabilities, driving revenue and EBITDA growth, and offering a compelling opportunity to further extend the company's growth runway. Aurizon Holdings (ASX:AZJ) Earnings from the Network and Coal segments will continue to deliver higher cash returns to shareholders and investment into Bulk and Containerised Freight will provide longer term growth. HOLD Lovisa Holdings (ASX:LOV) Lovisa's recent milestone of opening its 1,000th store globally signifies its strong growth and global presence. It continues to have ambitious expansion plans. Regis Resources (ASX:RRL) Regis is well positioned to maintain significant share price torque to the price of gold, aided by a robust production profile and underappreciated organic growth at Duketon. SELL Telstra (ASX:TLS) Although having some defensive qualities, Telstra continues to trade above its long-term average multiple, which is hard to justify considering its minimal long-term growth and competition risk. Adriatic Metals (ASX:ADT) Adriatic's share price has bounced recently on takeover talk. While high-grade metal assets with compelling economics are rare, everything has a price. Dylan Evans – Catapult Wealth BUY Goodman Group (ASX:GMG) Goodman Group's portfolio of quality industrial properties and data centres should be well supported by long-term demand trends in online retail and data hosting. Steadfast (ASX:SDF) As the largest general insurance broker in Australia, Steadfast offer exposure to growth in insurance premiums, but without the underwriting risk of the insurers. HOLD Auckland International Airport (ASX:AIA) As New Zealand's primary overseas travel gateway, Auckland Airport is a key piece of infrastructure. Overseas travel still lags pre-covid levels, but is showing signs of recovery. Woolworths (ASX:WOW) Woolworths has been losing market share to its competitors over the last few years and is now going through another restructure to regain this lost share. We expect regaining this momentum will take several years. SELL A2 Milk (ASX:A2M) The Chinese infant formula market is a key part of A2 milk's product sales. Despite reporting growth in its 1H25 results, this market faces long-term challenges, including declining birth rates. BWP Trust (BWP) A solid property trust on most metrics, with modest debt, high occupancy, and a decent 5.2% yield. Concern is always with the potential influence and reliance on Wesfarmers, who have an ownership stake and contribute 85% of the rental income via Bunnings. The views, information, or opinions expressed in the interviews in this article are solely those of the interviewee and do not represent the views of Stockhead. Stockhead does not provide, endorse or otherwise assume responsibility for any financial advice contained in this article. Originally published as Stock Tips: WTC could be a wise choice this week