Straits Energy Resources Bhd’s subsidiary, Tumpuan Megah Development Sdn Bhd (Tumpuan Megah) is expanding its oil trading and fuel bunkering services to seagoing liquified natural gas (LNG) vessels within the Labuan waters.
Bunkering refers to the supplying of fuel for use by ships, including the logistics of loading and distributing the fuel among available shipboard tanks.
Tumpuan Megah spokesman Datuk Seri Patrick Tiong said the company would provide bunkering services and related services to international and domestic vessels passing through the Labuan waters.
Its maiden operation involves supplying 4,000 metric tonnes of low sulphur heavy fuel oil (LSHFO) to an LNG tanker recently.
“The bunkering service entails the supplying of LSHFO which is not available in this island or neighbouring states.
This would boost Labuan’s reputation and image as the new bunkering hub in this region,” he said to Bernama today.
Tiong said government support is critical as Malaysia moves to embrace the aspiration to become a bunkering hub.
“This can be realised through conducive and friendly policies which would help to bring the industry to greater heights,” he said.
