Malacca eyes slice of tanker trade

Alternative solution: Vessels pass an oil refinery in the waters off the southern coast of Singapore. Ships can spend costly time just waiting to deliver or take on goods, refuel or undergo maintenance work. KLIP can offer cost savings for users. – Reuters

RM12.5b port in Kuala Linggi to offer storage, repair and refuelling services

KUALA LUMPUR: Once at the heart of the global spice trade, Malacca is pumping RM12.5bil into an ambitious plan to put itself in demand in a different hot commodity – oil.