Orkim expands fleet with new 49,999-DWT vessel


KUALA LUMPUR: Orkim Bhd and its group of companies, a leading marine transportation provider in Malaysia, has taken delivery of Orkim Citrine, a 49,999-deadweight-tonnes (DWT) vessel, expanding its fleet to 18 ships and boosting total capacity by about 30%.

The Orkim Citrine, designed to transport clean petroleum and chemical products, is set to begin its maiden charter voyage soon.

“We are proud to add Orkim Citrine to our fleet as she strengthens our capacity to serve Malaysia’s growing marine transportation needs and reinforces our position as the market leader in the industry.

“Orkim Citrine, the second Malaysian-flagged Middle Range tanker, is a testament to Orkim’s commitment in growing Malaysia’s available tonnage and contributing further to Malaysia’s energy security,” chief executive officer Cheah Sin Bi said in a statement.

“Fleet expansion is a priority; we are expecting to add two newly-built clean petroleum product (CPP) tankers to our fleet in 2027,” he added.

With this addition, Orkim’s fleet now comprises 18 vessels, with a total load capacity of 239,186 DWT.

The fleet comprises 14 clean petroleum product (CPP) tankers with a total capacity of 134,684 DWT, ranging from 7,000 to 15,000 DWT each, two medium-range CPP tankers with a combined capacity of 98,004 DWT, and two liquefied petroleum gas (LPG) tankers with a total capacity of 6,498 DWT.

The vessels operate under various charter arrangements, transporting cargo for energy companies within Malaysia and across neighbouring Asian countries.

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

Next In Business News

Sapura Resources swings to the black in 2Q26
Inta Bina secures RM221.08mil contract from Mitraland
Infomina secures RM62.65mil contract from Malaysian financial institution
Ringgit ends higher against major currencies, eases versus US dollar
Superlon appoints Jeremy Liu as CEO
LB Group expands Malaysia footprint with RM1bil facility in Kedah
ASteel independent adviser recommends shareholders reject 7.5 sen takeover offer
UUE Holdings secures RM29.8mil Singapore power cable contracts�
OpenMove AI appoints Steven Lim as Group CEO
Last-minute selling drags FBM KLCI lower

Others Also Read