Floating Storage Unit

The Group, complementing its crude oil and petroleum trading activities, have entered fuel storage agreements with vessel owners and operators to store, blend and tranship crude and fuel in Malaysia. With capabilities in Ship to Ship transfers of product (STS), blending of fuel, break bulking and quality control, the floating storage unit, FSU, serves as a key value add to the groups supply chain. With increasing volumes of trades, Vantage Trading Partners is exploring further the options of wholly owning and operating a floating storage unit in the straits of Malacca. Customers in the region, especially mainland China will be able to plan and schedule cargo deliveries for the needs of their refineries.