ID :
72153
Sat, 07/25/2009 - 20:29
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Shortlink :
https://oananews.org//node/72153
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GLOBAL CARRIERS TO ACQUIRE TWO MORE VESSELS THIS YEAR
By Mohd Iswandi Kasan Anuar
PORT KLANG, July 25 (Bernama) -- Freight services provider Global Carriers
Bhd will take delivery of two new clean petroleum product (CPP) ships in the
second half of the year.
The new 7,000 and 10,000-tonne double hull tankers are set to be introduced
in September and December respectively and part of the company's 2006-2009 ship
replacement programme.
"We will have a fleet of six new double hull CPP tankers by year end and
still have two old single hull tankers which will be disposed of in the near
future," said its executive chairman Azlan Hashim.
With the two new ships, Global Carriers' capacity would increase to 100,000
tonnes from 60,000 tonnes currently, he told Bernama at a ceremony to
commemorate the maiden voyage of MT Budi Mesra here today.
MT Budi Mesra was build specifically to conform to specifications of its
customer, Petronas Trading Corporation Sdn Bhd (PETCO), pursuant to a long-term
charter to carry CPP, he said.
It is the third of such ships received by the company in the last nine
months. The first two were received in November 2008 and March this year.
"This programme will prepare ourselves to meet the requirement of the
International Maritime Organisation on the phasing out of single hull tankers
and to replace them with double hull tankers, which takes effect next year," he
said.
Azlan said Global Carriers would continue to increase its fleet of new
tankers in order to expand its role in the transportation of CPP in the Asean
region.
He said the company planned to have at least twenty tankers of various sizes
by year 2019 and to carry palm oil as well as liquefied petroleum gas.
"Our new replacement programmes undertaken by 2015 and 2020 will position
the company as a significant player in the Asian region," he said.
Its general manager Adam Shah Azlan said the company was expected to achieve
better performance and results by 2010 after all new ships are fully
operational.
He said the 2008-2009 period was a "short-term adjustment phase of
operations" as the company replaces and disposes of old vessels.
The company posted a pre-tax profit of RM3.736 million for the financial
year ended Dec 31, 2008 on the back of RM48.309 million revenue.
-- BERNAMA
PORT KLANG, July 25 (Bernama) -- Freight services provider Global Carriers
Bhd will take delivery of two new clean petroleum product (CPP) ships in the
second half of the year.
The new 7,000 and 10,000-tonne double hull tankers are set to be introduced
in September and December respectively and part of the company's 2006-2009 ship
replacement programme.
"We will have a fleet of six new double hull CPP tankers by year end and
still have two old single hull tankers which will be disposed of in the near
future," said its executive chairman Azlan Hashim.
With the two new ships, Global Carriers' capacity would increase to 100,000
tonnes from 60,000 tonnes currently, he told Bernama at a ceremony to
commemorate the maiden voyage of MT Budi Mesra here today.
MT Budi Mesra was build specifically to conform to specifications of its
customer, Petronas Trading Corporation Sdn Bhd (PETCO), pursuant to a long-term
charter to carry CPP, he said.
It is the third of such ships received by the company in the last nine
months. The first two were received in November 2008 and March this year.
"This programme will prepare ourselves to meet the requirement of the
International Maritime Organisation on the phasing out of single hull tankers
and to replace them with double hull tankers, which takes effect next year," he
said.
Azlan said Global Carriers would continue to increase its fleet of new
tankers in order to expand its role in the transportation of CPP in the Asean
region.
He said the company planned to have at least twenty tankers of various sizes
by year 2019 and to carry palm oil as well as liquefied petroleum gas.
"Our new replacement programmes undertaken by 2015 and 2020 will position
the company as a significant player in the Asian region," he said.
Its general manager Adam Shah Azlan said the company was expected to achieve
better performance and results by 2010 after all new ships are fully
operational.
He said the 2008-2009 period was a "short-term adjustment phase of
operations" as the company replaces and disposes of old vessels.
The company posted a pre-tax profit of RM3.736 million for the financial
year ended Dec 31, 2008 on the back of RM48.309 million revenue.
-- BERNAMA
