The Malaysian Reserve Online – Orkim secures two-year renewal of Petron Malaysia clean petroleum products (CPP) transport contract

ORKIM Bhd said that its wholly-owned subsidiary, Orkim Marine Sdn Bhd, has secured a renewal of its contract of affreightment (COA) with Petron Malaysia Refining & Marketing Bhd for the transportation of clean petroleum products (CPP) within the Malaysia–Singapore route...

The Malaysian Reserve Online – Orkim secures two-year renewal of Petron Malaysia clean petroleum products (CPP) transport contract

ORKIM Bhd said that its wholly-owned subsidiary, Orkim Marine Sdn Bhd, has secured a renewal of its contract of affreightment (COA) with Petron Malaysia Refining & Marketing Bhd for the transportation of clean petroleum products (CPP) within the Malaysia–Singapore route.

The renewed agreement extends services for two years starting June 1 2026, with an option for a further one-year extension.

Under the COA structure, Petron Malaysia will nominate cargo shipments based on operational requirements, with pricing governed by an agreed schedule of rates….

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