PTP sues over lost revenues from last year’s huge bunker spill

PTP sues over lost revenues from last year’s huge bunker spill

MMC Corporation, the parent of the Malaysian Port of Tanjung Pelepas (PTP), is taking compatriot owner Rising Star Shipping and the Shipowners P&I Club to court in Kuala Lumpur, demanding damages from a massive bunker spill 11 months ago that saw much traffic have to reroute to neighbouring ports.

A 60 metric ton oil spill at Tanjung Bin on August 24 last year seriously affected operations at PTP to the point where Maersk Line and others diverted a number of ships from PTP to neighbouring Singapore.

The accident Rising Stars’ Trident Star was taking on bunker fuel at a terminal controlled by VTTI, the storage division of the world’s largest oil trader Vitol.

MMC is now suing Rising Star and its P&I club for RM31,862,212 ($7.43m) plus a 5% interest rate

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts