Straits Energy Resources Berhad (formerly known as Straits Inter Logistics Berhad) (“Straits” or the ”Group”), a Bursa Malaysia Listed Company, announced today that its unit Victoria STS (Labuan) Sdn Bhd (“Victoria STS”) has signed a Heads of Agreement (HoA) with Fendercare Marine (Asia Pacific) Pte Ltd (“FCM”) to form an exclusive collaboration to provide ship-to-ship .
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STS hub will be Straits’ sustainable energy flagship project in Victoria Bay deep water area spanning a vast 3,309 hectares supporting an initial six STS berths.
KUALA LUMPUR: Straits Energy Resources Bhd's unit Victoria STS (Labuan) Sdn Bhd has signed a heads of agreement with Fendercare Marine (Asia Pacific) Pte Ltd to collaborate on providing ship-to-ship (STS) services at the port limit of Victoria Bay in Labuan.
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