Harbor Star Malaysian unit wins Penang tug services contract

0
715
Harbor Star Malaysian unit wins Penang tug services contract
One of the tubgoats of Harbor Shipping Services. Photo from company website.
  • Peak Flag Sdn Bhd, the Malaysian unit of Harbor Star Shipping Services Inc., secured a contract to provide tug services at Penang Port’s multi-purpose terminals for cruise, container, bulk, and tanker vessels
  • Peak Flag’s tugboat TB Izar began providing the service on March 8 and will do so until September 7, 2023

Harbor Star Shipping Services, Inc. (HSSSI) Malaysian subsidiary, Peak Flag Sdn Bhd, has secured a contract to provide tug services at Penang Port’s multi-purpose terminals servicing cruise, container, bulk, and tanker vessels.

Peak Flag’s tugboat TB Izar began providing the service on March 8 and will do so until September 7, 2023, the marine services provider said in a regulatory disclosure.

Peak Flag last year took delivery of the TB Izar, with a 48-ton bollard pull rating, from Japan to fill the current market demand for harbor tugs in Malaysia. TB Izar joined Peak Flag’s fleet of three other tugs, which are already on time charter with major ports and clients in Malaysia.

Penang Port Sdn Bhd provides for the shipping requirements of Northern Malaysia and acts as a gateway for cargo from South Thailand.

HSSSI acquired in 2013 a 45% stake in Peak Flag, a Malaysian tugboat and marine services provider.

Aside from Peak Flag, other HSSSI subsidiaries include Harbor Star Subic Corp., Harbor Star Energy Corp., Harbor Star East Asia (Myanmar) Ltd., Harbor Star Construction Corp., ASTRONERGY Development Gensan Inc., ASTRONERGY Development F1 Inc., and ASTRONERGY Development F2 Inc.

Recently, HSSSI clinched the contract for shoreline cleanup and disposal of oily waste from the sinking of oil tanker MT Princess Empress off Oriental Mindoro.

In a regulatory disclosure, HSSSI said it secured on March 7 from RDC Reield Marine Services, owner of MT Princess Empress, the contract to deploy manpower and resources for the cleanup as directed and approved by the Philippine Coast Guard, the local government unit, and other concerned agencies.

RELATED READ: Harbor Star clinches oil spill clean-up contract