KUALA LUMPUR: Straits Inter Logistics Bhd has secured the operation and facility management of Labuan Liberty Terminal in the Federal Territory of Labuan for a period of six years.
The company received a letter of award (LOA) from the Labuan Port Authority for the port management services commencing April 1,2020.
“A binding definitive agreement shall be entered into with the Labuan Port Authority upon acceptance of the LOA. The receipt of the LOA is not subject to the shareholders’ approval at this juncture, ” it said in a statement.
Labuan Liberty Terminal is situated on an island in East Malaysia.
Its berths have a total length of 355.6m with alongside depths of between 4.6m and 10m, and can accommodate 16,000 deadweight tonnage — Bernama
Did you find this article insightful?