Straits Inter Logistics Takes on New Bunker Barge to Expand HSFO Sales
by Ship & Bunker News Team
Wednesday February 17, 2021 A subsidiary of
Malaysian marine fuel supplier Straits Inter Logistics has taken on a new bunker barge with the goal of increasing its sales of HSFO.
Sierra Pioneer Marine, an investment holding company controlled by Straits Inter Logistics, has agreed to buy the
MT Guo Kang No 1 from
Ocean World Inc, the company said in a regulatory filing on Tuesday. Ocean World will receive $1.6 million in cash for the ship, according to the filing. The purchase will allow Straits Inter Logistics to expand the business . especially in the supply of high sulfur fuel oil in Malaysia, the company said.
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