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News / Business/ Malaysia: GF Offshore to start bunkering operations at Lumut

Malaysia: GF Offshore to start bunkering operations at Lumut

23 May 2019
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Malaysia bunker services provider GF Offshore on Wednesday (22 May) has reportedly entered into a Memorandum of Understanding (MOU) with several companies to start offering bunkering services at the port of Lumut in Perak.

The MOU was signed with bulk cargo terminal operator Lumut Maritime Terminal Sdn Bhd, fuel oil provider KL Bunkering (M) Sdn Bhd, and logistics provider PM Access World (Malaysia) Sdn Bhd at a ceremony.

“We have two major clients: Tenaga Nasional Bhd and Vale. We plan to hit our target of 70,000 tonnes (of ship fuel) in a period of three months from June onwards,” said GF Offshore CEO Datuk Seri Mahendran Chelladorai as quoted by The Star.

“Then in the fourth or fifth month we plan to bring the floating service unit to be based in Lumut Port with a capacity of 50,000-100,000 tonnes. This will involve an investment of about US$50million.”

Published: 23 May, 2019
 

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