Connect with us

Business

Victoria STS completes its first-ever STS crude oil transfer off Labuan

580,964 barrels of crude oil transferred from “Nissos Tinos Majuro” vessel to the 330-metre length “C. Grace” vessel will be bound for South Korea.

Admin

Published

on

Photo A

Bursa Malaysia listed company Straits Energy Resources Berhad (Straits) on Wednesday (11 May) said its unit Victoria STS (Labuan) Sdn Bhd (Victoria STS) has successfully completed a ship-to-ship (STS) crude oil transfer operation for the first time ever at Victoria Bay, Labuan.

Victoria STS Chief Executive Officer Benjamin Bernard Bijon said that the first-ever STS transfer in Labuan water augured well for the development of the island’s maritime-related activities.

“The STS operation involving 580,964 barrels of crude oil (worth approximately US$60 million) from Seria Brunei was successfully completed at one of the six approved berths with safe water depth of up to 30 metres, which is located next to the marine park of Kuraman Island,” he said. 

The operation, which was carried out smoothly, took approximately 20 hours and was completed early this morning.

Bernard added that the crude oil that was transferred from Nissos Tinos Majuro vessel to the 330-metre length C. Grace vessel is bound for South Korea. 

Victoria STS completes its first-ever STS crude oil transfer off Labuan

The STS operation was conducted about 10 nautical miles from Labuan, which is considered safe for such operations as the berth area is fit for a very large crude carrier.

“This is the first time such a huge vessel is calling at the Labuan port limit of Victoria Bay with cargo carrying capacity ranking up to two million barrels of crude oil. In terms of safety, we have the technical expertise to run this operation and we adhere to the highest level of safety standards without compromising on the environment and people,” he added.

The STS operation was witnessed by the Chairman of Labuan Port Authority, Datuk P. Kamalanathan and an entourage of local government dignitaries and officials. 

He welcomed the first-ever STS transhipment in Labuan waters and hoped that it will further contribute to the Labuan domestic economy.

Straits said that the successful completion of the STS transfer is a result of its strategic collaboration with Fendercare Marine (Asia Pacific) Pte Ltd. 

Straits had signed a Heads of Agreement with Fendercare Marine on 15 December 2021 to form an exclusive collaboration to provide STS services together. 

Victoria STS is also expected to handle another first-ever STS Transfer of liquefied natural gas (LNG) from Australia at the end of this month.

Victoria STS is an indirect subsidiary of Straits with specialist expertise in offshore handling of liquefied gas and bulk petroleum cargoes. 

The company received its first license from the Marine Department Malaysia on 31 July 2021 to conduct STS operations within the Victoria port limit of Labuan.

Straits Energy 3

Related: Straits Energy Resources and Fendercare Marine to promote Labuan STS services
Related: Straits Inter Logistics undergoes name change to Straits Energy Resources
Related: Tumpuan Megah Development to collaborate with Petronas for bunker deliveries
Related: Straits Inter Logistics receives government approval to develop STS hub
Related: Straits Inter Logistics subsidiary to become STS operator at Victoria Bay, Labuan
Related: Malaysia: Straits Inter Logistics gears up for USD 3.6 million STS hub project
Related: Malaysia: Straits Inter Logistics posts 26% rise on year in profit for Q1 2021

 

Photo credit: Straits Energy Resources Berhad
Published: 12 May, 2022

Continue Reading

Vessel Arrest

Malaysia: MMEA detains two vessels over suspected illegal ship-to-ship transfer off Johor

Other than the vessels, MMEA also seized a cargo of oil, bringing the total value of the seizure to MYR 260 million (USD 61.9 million).

Admin

Published

on

By

Malaysia: MMEA detains two vessels over suspected illegal ship-to-ship transfer off Johor

The Malaysian Maritime Enforcement Agency (MMEA) detained tugboat and dredger suspected of conducting an unauthorised ship-to-ship (STS) transfer in Malaysian waters.

The two Malaysian-registered vessels were detained at around 3.20am on Wednesday by an MMEA patrol boat after the agency received public information about two suspicious vessels seen operating alongside each other about 1.4 nautical miles northwest of Tanjung Buai.

MMEA Tanjung Sedili Zone Acting Director Maritime Commander Mohd Najib Sam said further inspection found that the tugboat was operated by five crew members, including its skipper, comprising Malaysian and Indonesian nationals aged between 26 and 58.

The dredger was operated by 13 crew members, including its skipper, all Malaysian nationals aged between 22 and 51.

“Further inspection also found a quantity of oil cargo believed to be without any documents relating to ownership and delivery,” Najib said.

Both vessels and the oil cargo have been seized for further investigation. The total value of the seizure, including the two vessels and the oil cargo, is estimated at MYR 260 million (USD 64 million).

The case is being investigated under Section 491B(1)(K) of the Merchant Shipping Ordinance (MSO) 1952 for allegedly conducting ship-to-ship activities without authorisation from the Malaysian Director of Marine.

The vessels are also being investigated under Section 491B(1)(L) of the MSO 1952 for allegedly anchoring without permission, as well as under the Customs Act 1967 in connection with the oil cargo suspected of lacking the required documentation.

 

Photo credit: Malaysian Maritime Enforcement Agency
Published: 3 September, 2026

Continue Reading

Battery

WK NatPower expands inland shipping electrification drive into Jiangsu

WK NatPower and Jiangsu Port Investment will strengthen collaboration across the maritime, port and clean energy sectors, bringing together expertise in shipping, port infrastructure and electrification technologies.

Admin

Published

on

By

WK NatPower expands inland shipping electrification drive into Jiangsu

Wah Kwong NatPower (WK NatPower) on Wednesday (2 September) said it signed a Memorandum of Understanding (MoU) with Jiangsu Port Group Investment Management Co Ltd (Jiangsu Port Investment), a wholly owned subsidiary of Jiangsu Port Group, at the Jiangsu International Maritime Conference in Nanjing. 

The company said the MoU strengthens collaboration across the maritime, port and clean energy sectors, bringing together expertise in shipping, port infrastructure and electrification technologies.

As China’s leading province for inland waterway transport, with the country’s largest inland waterway network, Jiangsu plays a critical role in the nation’s shipping and logistics system. 

“The partnership represents a strategic step in WK NatPower’s China strategy,” the company said in a statement. 

Building on the momentum of its Zhejiang projects, WK NatPower is extending its footprint further into one of the country’s most significant inland shipping areas. By leveraging the strengths of their respective parent companies, Jiangsu Port Group, Wah Kwong Maritime Transport and NatPower, the parties will also establish a cooperation mechanism to explore opportunities for deeper collaboration and enhance the complementary use of global maritime and port resources.

From a technological perspective, WK NatPower is evolving from individual charging infrastructure towards integrated energy systems combining charging, battery storage and battery-swapping solutions capable of serving a broader range of operational scenarios. 

By combining the international experience and global network of WK NatPower and its partner NatPower Marine, with Jiangsu Port Group’s local resources and project delivery capabilities, the partnership will promote coordinated regional development. 

It also demonstrates WK NatPower’s commitment to the electrification of China’s inland waterway transport sector.

 

Photo credit: Wah Kwong NatPower
Published: 3 September, 2026

Continue Reading

Alternative Fuels

Hercules Tanker Management’s ‘Ultra-Spec Series’ tanker “Vanessa” begins maiden voyage

Designed for worldwide deployment, the series can transport and supply conventional marine fuels as well as alternative fuels up to B100 and methanol.

Admin

Published

on

By

Hercules Tanker Management’s ‘Ultra-Spec Series’ tanker “Vanessa” begins maiden voyage

Hercules Tanker Management (HTM) on Wednesday (2 September) said its latest Ultra-Spec Series of next-generation tankers, Hercules Vanessa, has commenced her maiden voyage.

HTM is the shipping venture launched by John A. Bassadone, founder and CEO of independent marine fuel supplier Peninsula.

The 10-vessel programme forms part of the company’s long-term fleet renewal strategy, replacing ageing tonnage with more efficient vessels while delivering the future-ready capability needed to support the maritime industry’s evolving energy landscape. 

Designed for worldwide deployment, the series can transport and supply conventional marine fuels as well as alternative fuels up to B100 and methanol. 

Hercules Vanessa is also the first in the series to feature MarineLINE, a high-performance cargo tank coating system. 

The vessel is currently en route to Port Louis to take bunkers and provisions before continuing southbound towards Cape Town. It is scheduled to discharge a cargo of biofuel, loaded at Nansha Terminal in China, in Ghent later this year.

“HTM’s Ultra-Spec Series continues to gather momentum as we build a modern fleet capable of supporting cleaner marine fuel supply chains,” the company said. 

Related: Hercules Tanker Management launches ‘Ultra-Spec Series’ bunker tanker “Harriet”

 

Photo credit: Hercules Tanker Management
Published: 3 September, 2026

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending