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Breaking: Straits Marine Fuels & Energy acquires two bunker tankers

20 Mar 2019

Straits Marine Fuels & Energy Sdn Bhd (SMF), the new subsidiary of Malaysia-listed bunkering firm Straits Inter Logistics (Straits), is rumoured to have acquired two bunker tankers learns Manifold Times.

There was market talk on Wednesday (20 March) afternoon of the above development alleging SMF purchasing a 4,200 dwt and 6,500 dwt double hull bunker tanker to support fuel oil operations.

The unnamed vessels have an average age between 10 to 11 years, and are expected to be operational by between the middle to end of April 2019.

The company has yet to respond to requests for comments from Manifold Times.

SMF started operations at the Port of Tanjung Pelepas and Pasir Gudang on Wednesday (6 March).

Related: Straits Marine Fuels & Energy to start bunkering ops at Johor

Published: 20 March, 2019

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