KUALA LUMPUR: Orkim Bhd’s wholly-owned Orkim Leader Sdn Bhd has received extensions to its consecutive voyage charter (CVC) contracts with Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd.
In a filing with Bursa Malaysia, Orkim said the parties had agreed to extend the existing contracts by one year, with the extended charter period for Orkim Power commencing on Feb 1, 2026, and for Orkim Leader beginning on March 1, 2026.
The contracts also grant the charterers an option to further extend the agreements for an additional year.
“Subject to the exercise of this option, the charter for Orkim Power may be extended until Jan 31, 2028, while the charter for Orkim Leader may run until Feb 28, 2028,” it said.
Orkim chief executive officer Captain Cheah Sin Bi said the extensions underscore the company’s proven operational reliability and reinforce its strong customer relationships with key energy players.
For more details, visit the full article here.
SA11 – Upskilling and Reskilling Talents
SA12 – Foster Community Growth Through Education
SA13 – Strengthen Workforce Connection
SA14 – Enhance Customer Satisfaction and Service Excellence
SA10 – Promote Workforce Well-being, Health and Safety
SA6 – Climate Change Management
SA7 – Reduce Waste, Promote Recycling and Resource Recovery
SA8 – Minimise Water Consumption
SA9 – Protect, Conserve and Enhance Biodiversity
SA4 – Uphold Ethics and Business Integrity
