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Malaysia's Techfast Holdings Reports $535 Million Bunker Supply Deal


Malaysia s Techfast Holdings Reports $535 Million Bunker Supply Deal
by Ship & Bunker News Team
Tuesday March 16, 2021
A subsidiary of
2.2 billion ringgit ($535 million).
Techfast subsidiary
Wise Marine with
three years, the company said in an exchange filing on Monday.
The fuels low sulfur fuel oil, low sulfur marine gasoil and high sulfur fuel oil will be priced at a premium to 
Singapore assessments from
S&P Global Platts, and Techfast currently values the contract at about 2.2 billion ringgit based on current prices. Payment will be due
30 days after the bill of lading being issued for each shipment.
Wise Marine is a supplier in ....

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