Straits and Petronas To Provide Marine Fuel Oil To Vessels

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  • oil trading and fuel bunkering service provider Straits Inter Logistics Bhd has partnered with Petronas Dagangan Bhd
  • partners to provide marine fuel oil to vessels at all ports in Malaysia

Straits Inter Logistics partners PetDag to provide marine fuel oil in local ports says an article on The Edge Markets.

Marine fuel for vessels

Oil trading and fuel bunkering service provider Straits Inter Logistics Bhd has partnered with Petronas Dagangan Bhd (PetDag) to provide marine fuel oil to vessels at all ports in Malaysia.

“With this tie-up, PetDag’s customers will be able to enjoy highly reliable, efficient, and safe cargo delivery services through Straits’ comprehensive infrastructure and tight operating procedures,” it said in a Bursa Malaysia filing.

“The collaboration is also in line with PetDag’s corporate initiatives in the development of local entrepreneurship and support of local SMEs in the oil and gas industry,” it added.

Significant milestone

Straits Inter Logistics managing director Datuk Seri Ho Kam Choy said the partnership marks a significant milestone for the group as it has brought two strategic companies together for collaboration on the provision of marine fuel oil to the many vessels in Malaysian waters.

The group said the collaboration with PetDag, to be undertaken through its 70%-owned unit Tumpuan Megah Development Sdn Bhd, will be hugely synergistic and value-adding to both parties.

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Source: The Edge Markets