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Straits Energy Resources unit signs HOA with Fendercare Marine to make Victoria Bay Port Limit, Labuan the preferred STS energy transhipment hub in Asia

Straits Energy Resources Berhad (formerly known as Straits Inter Logistics Berhad) (“Straits” or the ”Group”), a Bursa Malaysia Listed Company, announced today that its unit Victoria STS (Labuan) Sdn Bhd (“Victoria STS”) has signed a Heads of Agreement (HoA) with Fendercare Marine (Asia Pacific) Pte Ltd (“FCM”) to form an exclusive collaboration to provide ship-to-ship . ....

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