The Malaysian shipping company PNSL, which still exists under the stable of Mirzan Mahathir´s Konsortium Perkapalan Berhad Group, has been selected to supply one Panamax bulker under a five year COA arrangement after a tender process held by TNB Fuel Services (TNBFS).

Wawasan Shipping, the IMC Group´s Malaysian arm has been chosen to supply a second ship. The ships will carry coal for Malaysia´s Kapar power plant.

TNBFS, which undertakes fuel supply and transportation for Malaysian state power utility Tenaga Nasional (TNB), is still in the final stages of drawing up the contract.