MOORING STORAGE TANKER
In July 2013, we were awarded our first contract with Coastal Energy to provide the service of mooring storage tankers.
Our partnership with Pacific Radiance led to the purchase of an aframax-size tanker for this purpose. We made some refurbishments to ensure it performs with efficiency and at maximum capacity, registering it as Duta Pacific in Port Klang under the Malaysian flag. In early December 2013, the tanker sailed out to Kapal Oil Field in Terengganu for mooring installation. The first oil flowed on 16 December 2013, marking the start of our operations in providing mooring storage tankers for the oil and gas industry. We have a track record of 0 incident and 0 LTI
since we began.