Straits receives approval from Marine Department to commence operation for Asia's Largest STS Energy Transhipment Hub in Labuan
KUALA LUMPUR, Aug 2, 2021 - (ACN Newswire) - Straits Inter Logistics Berhad (Straits or Company), a Bursa Malaysia Listed Company, announced today that Victoria STS (Labuan) Sdn Bhd (Victoria STS) had received approval from Marine Department Malaysia on 30 July 2021 to commence operations to develop an integrated offshore Ship-to-Ship Transhipment Hub. The Company has mobilized its resources and infrastructure in preparation to commence operation of the STS Transhipment Hub in the coming fourth quarter 2021. **Victoria STS is a 70% owned subsidiary of Fajar Maritime and Logistics Sdn Bhd, whic...