TMD Energy Ltd. TMDE

What this company does

TMD Energy is principally involved 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 at sea. It is also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. It operates in 19 ports in Malaysia, including Lumut Port, Penang Port, Port Klang, Malacca Port, Linggi Port, Johor Port, Port of Tanjung Pelepas, Tok Bali Port, Kuala Terengganu Port, Dungun Port, Kemaman Port, Kuantan Port, Pulau Tioman Port, Desaru Port, Bintulu Port, Miri Port, Labuan Port, Kota Kinabalu Port and Sapangar Bay Oil Terminal. As at December 31, 2024, it had 105 customers in its portfolio, which include ship owners and operators, shipping lines, logistics and freight companies, and oil and gas traders or brokers. The percentage of its total purchases from its largest supplier for FY2023 and FY2024 amounted to approximately 47% and 82%, respectively.

Written from the business description in TMD ENERGY LIMITED's annual report to the U.S. Securities and Exchange Commission, filed 14 May 2025. Every sentence was checked against that document before publication.