Straits partners with FCM to provide services


Straits group managing director Datuk Seri Ron Ho Kam Choy (pic)said the collaboration would kickstart the company’s foray into the sustainable and alternative energy space.

KUALA LUMPUR: Straits Energy Resources Bhd has tied up with Fendercare Marine (Asia Pacific) Pte Ltd (FCM) to provide ship-to-ship (STS) services at the port limit of Victoria Bay, Labuan.

Straits, which is principally engaged in oil trading and bunkering services, said in a statement yesterday, that its unit Victoria STS (Labuan) Sdn Bhd had signed a heads of agreement (HoA) with FCM.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Philippine stocks set for recovery
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Bursa’s quiet year sets stage for comeback
Bull charges cautiously
Indonesia treads with care

Others Also Read