Advertisement“We have to give confidence to shipping lines that bunkering in Malaysia is safe and that we can be transparent,” he told reporters.
The minister admitted that red tape is hampering the growth of the local bunkering industry, with too many regulations and processes holding back potential industry players. As such, the first step is to review and streamline the regulations. This task will be undertaken by the Transport Ministry as well as the Domestic Trade and Consumer Affairs Ministry.
"We already have our initial meetings at the official level between the two ministries, and of course that will lay the foundation," Mr Loke said, according to the"I will also have a meeting with the minister himself to finalise the details and to come up with comprehensive policies on how to move our bunkering industry forward."