Orkim Berhad announce that its wholly-owned subsidiary,’s Contract of Affreightment has been renewed by Petron Malaysia Refining & Marketing Berhad.
With the renewal, the provision of marine transportation services for clean petroleum products (CPP) within the Malaysia-Singapore range by OMAR has been extended for two years, from 1 June 2026, with an option to extend for an additional year. The COA is based on a cargo nomination arrangement, whereby cargo nominations will be issued by Petron Malaysia based on its operational requirements and in accordance with the schedule of rates to outlined in the definitive COA.
