The Malaysian Reserve Online – Orkim extends Shell Malaysia charter contracts by six months

ORKIM Bhd has extended its consecutive voyage charter contracts with Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd for another six months to Feb 15, 2027.

The Malaysian Reserve Online – Orkim extends Shell Malaysia charter contracts by six months

ORKIM Bhd has extended its consecutive voyage charter contracts with Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd for another six months to Feb 15, 2027.

The contracts, undertaken by Orkim’s wholly owned subsidiary Orkim Reliance Sdn Bhd, were initially awarded for one year from Aug 16, 2024, and were subsequently extended to Aug 15, 2026.

Under the latest addendums signed on Aug 13, the charterers have the option to extend the contracts for another three successive six-month periods (…)

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