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Interview: Malaysia bunker supplier PSP Marine shares commercial expansion plans

‘IMO 2020 has produced several business opportunities which we are keen to explore as part of efforts to support shipping’s decarbonisation,’ Managing Director tells Manifold Times.
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PSP Grace MT

Malaysian bunker supplier PSP Marine (M) Sdn Bhd, established at Port Klang since 2012, is planning to expand its marine fuels business within the coming years, learned Manifold Times.

The company, which currently supplies marine gas oil (MGO), its low sulphur variant (LS MGO), and lubricant oil to vessels calling Peninsula Malaysia ports (including Sabah and Sarawak), is actively looking at market opportunities, says its Managing Director.

“We have stood the test of time and proven ourselves in this industry since our inception,” Soon Thian Fong told the bunkering publication.

“In order for our group to grow, become more resilient, and to tackle more complex and intricate challengers, we are expanding our bunkering business to other ports in Malaysia.

“We have successfully expanded to the Port of Tanjung Pelepas, Pasir Gudang Port, Melaka Sungai Udang Port, and Kuantan Port.

“Moreover, we aim to diversify into international petroleum cargo trading. Our target markets are Asian countries with growth and scarce energy supplies such as Taiwan, Singapore, and Indonesia.”

PSP bunkering collage

Bunker deliveries from PSP Marine are currently supported by three Malaysia-flagged bunker tankers namely PSP Grace (755 dwt, IMO 9056466), PSP Glory (737 dwt, IMO 8403038), and PSP Golden (1,198 dwt, IMO 9079652).

Moving forward, Mr Soon highlights the company to be looking at barge acquisition opportunities and a product portfolio expansion to offer Very Low Sulphur Fuel Oil (VLSFO).

“The next two years will be interesting times for our company as we look to execute the expansion plans. IMO 2020 has produced several business opportunities which we are keen to explore as part of efforts to support shipping’s decarbonisation,” shared Mr Soon who noted, “opening of an office in Singapore is also within our sights.”

PSP Group supply locations

Contact details for enquiries are as follows:

Mr. Soon Thian Fong (AZ Soon)
Managing Director
+60 12 699 4488
[email protected]

Jane Ong
Sales Manager
+60 14 609 4488
[email protected]

Marine fuel enquiries
Email: [email protected]

Bunkering locations (West Malaysia)

LANGKAWI, PENANG, LUMUT, PORT KLANG, PORT DICKSON, KUALA LINGGI, MELAKA, MUAR, TG PELEPAS, TG BIN, JOHOR BHARU, PASIR GUDANG, PENGERANG, MMHE, TG LANGSAT, KEMAMAN, KUANTAN,

Bunkering locations (East Malaysia)

MIRI, BINTULU, SANDAKAN, SEPANGAR, KOTA KINABALU, TAWAU, LAHAD DATU, KUCHING

 

Photo credit: PSP Marine
Published: 24 June 2024

 

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Methanol

Chimbusco completes bunkering op of China’s first 16,000K TEU methanol DF boxship

“COSCO SHIPPING YANGPU” was supplied approximately 900 metric tonnes of methanol marine fuel by Chimbusco in Shanghai on 11 May.

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May 23, 2025

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Chimbusco completes bunkering of China’s first 16,000K TEU methanol DF boxship

China Marine Bunker (PetroChina) Co Ltd (Chimbusco) completed a bunkering operation of the first domestically manufactured methanol dual-fuel container ship in Shanghai on 11 May, according to COSCO Shipping on Thursday (15 May). 

COSCO SHIPPING YANGPU was supplied approximately 900 metric tonnes (mt) of methanol marine fuel by Chimbusco at Pier 1 of COSCO Shipping Heavy Industry. 

The operation started on 7 May but was postponed due to unfavourable weather from the Jianghuai Cyclone.

Chimbusco completes bunkering of China’s first 16,000K TEU methanol DF boxship

COSCO Shipping said the operation marked an important achievement in green and low-carbon transformation in shipping, from ship construction and ecological layout of the entire green fuel industry chain of the company. 

Manifold Times previously reported the naming ceremony of China’s first 16,000 TEU methanol dual-fuel container ship, COSCO SHIPPING YANGPU in Yangzhou.

The methanol dual-fuel container ship named was the first in a series of vessels from COSCO Shipping Holdings, constructed by COSCO Shipping Heavy Industry Yangzhou. 

Related: COSCO Shipping names China’s first 16,000 TEU methanol dual-fuel container ship

 

Photo credit: Cosco Shipping
Published: 23 May, 2025

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Vessel Arrest

Malaysia: MMEA detains Thai tanker off Kelantan after shown suspicious documents

Initial checks revealed that insurance documents and other documents related to the vessel appeared suspicious and all six crew members on board failed to provide valid identification documents.

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May 23, 2025

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Malaysia: MMEA detains Thai tanker off Kelantan after shown suspicious documents

The Kelantan Malaysian Maritime Enforcement Agency (MMEA) on Thursday (22 May) said it has detained a suspicious tanker at about 100 nautical miles from the Tok Bali estuary on 20 May. 

Kelantan MMEA director, Maritime Captain Erwan Shah Soahdi said an MMEA asset had detained the tanker while patrolling the Malaysia-Vietnam border. 

The vessel was detected after displaying several suspicious signs at around 1 pm before it was successfully detained 20 minutes later.

Malaysia: MMEA detains Thai tanker off Kelantan after shown suspicious documents

“Initial checks revealed the vessel has six crew members, including a captain and all are believed to be Thai citizens aged between 38 and 70,” he said.

It was also found that the insurance documents and other documents related to the vessel appeared suspicious and all the crews on board the vessel failed to provide valid identification documents during the check. 

The case is being investigated under the Immigration Act 1959/63 and the Merchant Shipping Ordinance 1952.

 

Photo credit: Malaysian Maritime Enforcement Agency
Published: 23 May, 2025

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LNG Bunkering

Shell wraps up its first LNG bunkering operation for TUI Cruises in Barcelona

Milestone was achieved by Shell’s LNG bunker barge “Haugesund Knutsen” supplying the “Mein Schiff Relax” cruise ship at Port of Barcelona, says Dexter Belmar of Shell.

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May 23, 2025

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Shell wraps up its first LNG bunkering operation for TUI Cruises in Barcelona

Energy giant Shell recently conducted its first LNG bunkering operation for TUI Cruises in Barcelona, according to Dexter Belmar, General Manager and Head of Global Downstream LNG on Thursday (22 May).

He said the milestone was achieved by Shell’s LNG bunker barge Haugesund Knutsen supplying the Mein Schiff Relax cruise ship.

“Barcelona, one of Europe and the Mediterranean’s leading cruise ports, is also a key LNG bunkering location for Shell as we help more cruise ships transition to lower-emission fuels,” he said in a social media post. 

“A huge thank you to Royal Caribbean Group for their trust, and to Knutsen and Port of Barcelona for their collaboration in making this bunkering safe and efficient.”

Shell wraps up its first LNG bunkering operation for TUI Cruises in Barcelona

Belmar said LNG is leading the way as the preferred alternative bunker fuel in the cruise industry. 

“At Shell, we’re proud to support LNG fuelling needs at 26 locations worldwide, including major cruise ports like Bahamas, Barcelona, Canaveral, Everglades, Jamaica, Miami, Singapore, Southampton, and Tenerife,” he added. 

 

Photo credit: Shell
Published: 23 May, 2025

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