Orkim Berhad announced that its wholly-owned subsidiaries, have entered into side letters to extend their respective existing consecutive voyage charter contracts with Shell Malaysia Trading Sdn. Bhd. and Shell Timur Sdn. Bhd.

Under the side letters, the parties have agreed to a one-year extension to the existing contracts, with the extended charter period for Orkim Power commencing on 1 February 2026, and that for Orkim Leader commencing on 1 March 2026. Following this extension period, the contracts further grant the Charterers an option to extend for an additional year.

Subject to the exercise of this option, the charter for Orkim Power may be extended until 31 January 2028, while the charter for Orkim Leader may run until 28 February 2028.

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