FAMM-Indah leases Malaysia bunker terminal
Sep 19, 2002 12:00 PM
Fuel and Marine Marketing LLC-Indah has signed a lease agreement with Westport Bunkering Services for its bunker terminal in Westport, Malaysia, that services Port Klang. The multi-year agreement became effective earlier this year and construction to upgrade the 200,000-metric-ton-capacity facility has begun.
The engineering upgrade work, which includes installing additional blending and pumping capability to the terminal, is scheduled to be completed in the first quarter 2003. The facility should be fully operational in the second quarter, but the company may start bunkering fuel and oil products on a limited basis as operational conditions permit.
The terminal, which started operating in mid-1997, is located on the island of Pulau Indah in Westport, within Port Klang.
"We are very excited about this long-term agreement with WEBS," said Stephen Brovarone, director, business development for Fuel and Marine Marketing. "Adding this location to our network will enable us to improve service to our customers in Port Klang and will also give the company a very strong market representation in the region."
Fuel and Marine Marketing-Indah, formed in April 2001, is a joint venture between the ChevronTexaco-owned company, Fuel and Marine Marketing, and the Malaysian-based Coral-Indah. FAMM-Indah will assume operational control of the terminal.