T

Tmd Energy Ltd

1.24-6.77 %$TMDE
NYSE
Energy
Oil & Gas Midstream

Price History

-40.53%

TMD Energy Ltd is an investment holding company principally engaged in marine fuel bunkering services, specializing in the supply and marketing of marine gas oil and marine fuel oil, including high sulfur fuel oil, low sulfur fuel oil, and very low sulfur fuel oil, to ships and vessels both in port and at sea. Operating primarily in Malaysia across 19 ports such as Port Klang, Penang Port, and Port of Tanjung Pelepas, it utilizes a fleet of 15 bunkering vessels for ship-to-ship (STS) transfers. The company sources fuels from energy companies, national oil companies, oil traders, and refineries, serving diverse clients including oil and gas firms, shipping companies, logistics providers, charterers, fishing vessels, naval vessels, and cruise ships, as well as offshore structures like rigs and drillships. Complementing its core bunkering operations, TMD Energy Ltd provides ship management services—covering technical management, crewing, marine consultancy, shipping agency, and vessel cleaning—through subsidiaries in Singapore, Malaysia, Hong Kong, Thailand, Indonesia, and Vietnam. It also offers vessel chartering for in-house and external needs. Incorporated in the Cayman Islands in 2023 and headquartered in Kuala Lumpur, Malaysia, TMD Energy Ltd supports the maritime industry in key routes like the Straits of Malacca and South China Sea as part of the Straits Energy Resources Berhad group.

Company Overview

TMD Energy Ltd is an investment holding company principally engaged in marine fuel bunkering services, specializing in the supply and marketing of marine gas oil and marine fuel oil, including high sulfur fuel oil, low sulfur fuel oil, and very low sulfur fuel oil, to ships and vessels both in port and at sea. Operating primarily in Malaysia across 19 ports such as Port Klang, Penang Port, and Port of Tanjung Pelepas, it utilizes a fleet of 15 bunkering vessels for ship-to-ship (STS) transfers. The company sources fuels from energy companies, national oil companies, oil traders, and refineries, serving diverse clients including oil and gas firms, shipping companies, logistics providers, charterers, fishing vessels, naval vessels, and cruise ships, as well as offshore structures like rigs and drillships. Complementing its core bunkering operations, TMD Energy Ltd provides ship management services—covering technical management, crewing, marine consultancy, shipping agency, and vessel cleaning—through subsidiaries in Singapore, Malaysia, Hong Kong, Thailand, Indonesia, and Vietnam. It also offers vessel chartering for in-house and external needs. Incorporated in the Cayman Islands in 2023 and headquartered in Kuala Lumpur, Malaysia, TMD Energy Ltd supports the maritime industry in key routes like the Straits of Malacca and South China Sea as part of the Straits Energy Resources Berhad group.