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
‘We are happy to sit down with interested parties to discuss this opportunity, and share more details of our business regarding STS transhipment and storage with potential clients upon request,’ states Managing Director.
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Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
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Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.