Business

Malaysia: Tumpuan Megah Development enters into bunkering agreement with Bintulu Port

TMD hopes to establish a base in bunkering business at Bintulu and further enlarge its business in East Malaysia, says Straits Group Managing Director.

Published

7 years ago

June 26, 2019

Admin

Malaysia marine fuels supplier Tumpuan Megah Development Sdn Bhd (TMD), a subsidiary of Malaysia-listed Straits Inter Logistics Berhad (Straits), on Wednesday (26 June) entered into a Provision of Bunkering Services Agreement with Bintulu Port Sdn Bhd (BPSB).

The agreement period will be for three years, with a renewal option of not more than two years upon mutual agreement.

It allows TMD to manage and provide bunkering services located at the General Cargo Anchorage within Bintulu Port water limit located in Sarawak.

“This tie-up with BPSB marks an important milestone for Straits and in bringing the two companies together for collaboration on bunkering business,” said Straits Group Managing Director Dato' Sri Ho Kam Choy.

“The opportunity to collaborate with Bintulu Port will bring new dimensions to both parties’ infrastructures which will allow both parties to tap the vast potential in the bunkering industry.

“Currently, TMD is operating its business in eight ports in Malaysia, comprising, Pasir Gudang Port, Tanjung Pelepas Port., Kuantan Port, Kuala Terengganu Port, Kemaman Port, Labuan Port, Kota Kinabalu Port, and Miri Port.

“By entering into this Agreement with BPSB, Straits through its subsidiary TMD hopes to establish a base in bunkering business in Bintulu and subsequently further enlarge its bunkering business in East Malaysia.”

Bintulu Port is confident that the relationship built with TMD will not only benefit the port but also provide end users with a bunker facility alternative and ultimately cements the port’s position of becoming one of the bunkering hubs in the region.

“The introduction of fuel bunker services in Bintulu Port waters is part of the Group’s initiatives to enhance users’ experience with the launch of its new Group Vision, Mission and Corporate Values towards becoming a World Class Port Operator and expanding its revenue streams,” adds Bintulu Port Holdings Berhad Group Chief Executive Officer Dato Mohammad Medan bin Abdullah.

“The introduction of such services in Bintulu Port is befitting given the strategic location of the port to potential users spanning various industries plying through Bintulu waters.”

BPSB is in the business to operate, maintain, manage and provide operational facilities and services of the Port undertakings within the Bintulu Port area. BPSB is a subsidiary of Bintulu Port Holdings Berhad, a Bursa Malaysia listed company that is primarily involved in provision of port services, storage and bulking services.

Straits Inter Logistics Berhad is principally engaged in oil trading and oil bunkering services and investment holding activities. Its oil bunkering services involve provision of refuelling marine gas oil and marine fuel oil through vessels to other ships and ocean faring vessels such as oil tankers, container vessels, cargo vessels and cruise ships.

In its effort to expand its business footprint, Straits had completed its acquisition of 55% equity interest in TMD in September 2018 and 38% equity interest in Banle Energy International Limited in February 2019.

The acquisition of TMD has enlarged Straits’ fleet size from two vessels to nine vessels with a total capacity of 12 million litres, while the Banle acquisition has opened up the gateway for Straits to tap the marine fuel oil trading market in Hong Kong, China and Taiwan.

Photo credit: Manifold Times
Published: 26 June, 2019

Winding up

Singapore: Nan Shan Maritime liquidator issues notice of intended dividend

Creditors will need to produce proofs of debt to liquidator of Nan Shan Maritime by 14 July, according to Government Gazette notice.

Published

13 hours ago

July 1, 2026

Admin

A notice to declare intended dividend of Nan Shan Maritime Pte Ltd to its creditors has been posted on the Government Gazette on Tuesday (30 June).

The following are the details of the notice of intended dividend:

Name of Company : Nan Shan Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701967H
Address of Registered Office : 10 Anson Road, #10-10, International Plaza, Singapore 079903
Last Day for Receiving Proofs : 14 July 2026
Name of Liquidator : Tam Chee Chong
Address : c/o 10 Anson Road, #10-10, International Plaza, Singapore 079903

Photo credit: steve pb from Pixabay
Published: 1 July, 2026

Fuel Testing

VPS strengthens China presence with new Shanghai marine fuel testing facility

Investment in the new testing laboratory comes as marine fuel volumes in Chinese ports continue to grow and customers increasingly demand faster testing and advisory services.

Published

13 hours ago

July 1, 2026

Admin

VPS strengthens China presence with new Shanghai marine fuel testing facility

Marine fuels testing company VPS on Tuesday (1 July) announced the opening of its brand new testing laboratory in Shanghai, China.

The company said this strategic investment strengthens VPS’ global laboratory network and reinforces the company’s commitment to delivering faster, locally-based testing services to customers operating in one of the world’s most important maritime markets.

“Shanghai has emerged as one of the fastest growing marine bunkering hubs and is expected to play a major role in the future supply of both traditional fossil fuels and emerging low-to-zero carbon fuels,” it said in a statement.

“The new Shanghai laboratory will provide comprehensive marine fuel testing services, enabling customers to benefit from further improved turnaround times and enhanced operational decision making.”

The facility will support vessel owners, operators, charterers and fuel suppliers, with rapid, independent analysis and technical expertise, helping stakeholders to manage fuel quality risks, protect assets and maintain regulatory compliance.

Dr. Malcolm Cooper, CEO at VPS, said: “VPS is pleased to announce the opening of our new Shanghai Laboratory, which will provide fuel quality testing for bunker fuels including methanol. China is central to the global shipping industry being the world’s largest shipbuilder, producer of shipping containers and operator of the biggest commercial fleet. Shanghai is therefore the perfect home for our latest laboratory, as VPS is the world’s leading fuel testing company”.

The investment comes as marine fuel volumes in Chinese ports continue to grow and customers increasingly demand faster testing and advisory services. The new facility further enhances the VPS global footprint, which already includes laboratories in Rotterdam, Singapore, Fujairah, Houston and Manchester, supported by an international team of technical experts, sales professionals and customer service specialists.

In addition to supporting conventional marine fuels, the Shanghai laboratory will provide testing and advisory services relevant to the industry’s growing adoption of low-to-zero carbon fuels, assisting customers to navigate emerging fuel quality performance and compliance challenges.

Andrew Morton, VPS MD-AMEA, stated: “The opening of our new laboratory in Shanghai’s Lingang New Area, positions VPS at the heart of one of China’s most important maritime and industrial growth hubs. This investment reflects our confidence in the Chinese maritime market, our commitment to supporting customers closer to where they operate and our belief that Asia will remain at the forefront of shipping’s energy transition.”

The Shanghai laboratory will serve both domestic and international customers operating throughout China and across the wider Asia-Pacific region, supporting ongoing growth in marine fuel testing demand and providing a platform for future expansion of VPS services within the Chinese maritime sector.

Photo credit: VPS
Published: 1 July, 2026

Bunker Fuel

AD Ports Group and IRH Global Trading to advance bunkering at Khalifa Port

Both signed a MoU, outlining potential collaboration in bunkering services to vessels calling at Khalifa Port and the development of alternative bunker fuels such as LNG, biofuels, and methanol.

Published

13 hours ago

July 1, 2026

Admin

AD Ports Group and IRH Global Trading to advance bunkering at Khalifa Port

AD Ports Group on Tuesday (30 June) said it has signed a Memorandum of Understanding (MoU) with IRH Global Trading Ltd. to explore strategic cooperation in bunkering services and alternative marine fuels at Khalifa Port.

The MoU outlines potential collaboration across a range of areas, including the provision of bunkering services to vessels calling at Khalifa Port, the development of alternative fuel solutions such as Liquefied Natural Gas (LNG), biofuels, and methanol, and the exploration of opportunities related to fuel storage infrastructure, terminal facilities, and fuel sampling and testing capabilities.

Saif Al Mazrouei, CEO, Ports Cluster – AD Ports Group, said: “This collaboration reflects our commitment to forging strategic alliances that create long-term, sustainable value.

“By working alongside trusted partners such as IRH, we are enhancing our capabilities and supporting the development of future-ready infrastructure and services that reinforce the UAE’s position as a leading global trade and logistics hub, in line with the vision of our wise leadership.”

Ali Rashed Alrashdi, Group CEO – International Resources Holding, said: “This collaboration with AD Ports Group reflects IRH’s commitment to build strategic partnerships that drive real economic impact.

“As we continue to develop our global energy trading platform, bunkering and alternative marine fuels represent a high-potential area of growth. We see Khalifa Port as an ideal base from which to explore these opportunities, and we look forward to working closely with AD Ports Group to bring them to life.”

Through this collaboration, AD Ports Group and IRH Global Trading aim to further enhance Khalifa Port’s value proposition as a multi-purpose, deep-water port that supports efficient, sustainable, and future-oriented maritime operations.

IRH Global Trading is a global commodities trading firm with interests across the mining and energy value chain and plans to build a diversified global minerals and energy trading platform, including LNG, Liquefied Petroleum Gas (LPG), crude oil, and petroleum products.

Photo credit: AD Ports Group
Published: 1 July, 2026