Nature of Service Provision of Leasing out Tanks for Storage and Transport of Goods
The Group Company provides its business of leasing out tanks for storage of goods in FSU vessels which are large vessels with large square storage tanks, numbering 7-17 tanks per vessel; whereas, the Group Company provides its services divided into 3 types including 1) leasing out of some tanks for storage; 2) leasing out of whole tanks for storage of goods or leasing out of whole vessels; and 3) provision of fuel mixing and other services.
The Group Company has been able to provide services of domestic and overseas transport and floating storage of goods. At present, FSU vessels of the Group Company have been docked at Tanjung Pelapas Port in Malaysia and in waters between Singapore and Malaysia, which being the Asian hub of fuel FSU business; whereas, Tanjung Pelapas Port has proper location for docking of FSU vessels because it is located in the International shipping routes of large commercial vessels. Moreover, the Group Company start the service of oil storage with FSU vessel in areas of Koh Sichang, Sri Racha District, Chonburi Province.