PETALING JAYA: Orkim Bhd has entered into a time charter contract with PETCO Trading Labuan Co Ltd for the provision of marine transportation services.
In a filing with Bursa Malaysia, the vessel chartering company said the contract is valued at approximately RM32 million, assuming the extension options are exercised.
The contract has a tenure of six months, with an option to extend for a further six months at the charterer’s discretion.
Orkim noted that the key risk factors associated with the time charter contract include operational and execution risks related to the provision of marine transportation services.
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
