Global Trade Alert
Global Trade Alert

Malaysia: BPMB and EXIM Bank support Duta Marine Sdn Bhd offshore oil storage project

Announcement

26 May 2025

In May 2025, the development financial institution, Bank Pembangunan Malaysia Berhad and Export-Import Bank of Malaysia Berhad announced a financing deal with Duta Marine Sdn Bhd for the FSO Permata Dulang Project.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 May 2025

Revocation date:

No revocation date

Updated: 29 May 2025
State aid, unspecified In force

On 26 May 2025, the development financial institution, Bank Pembangunan Malaysia Berhad (BPMB) provided MYR 555 million (USD 131.3 million) to Duta Marine Sdn Bhd to support the conversion of an oi...

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Updated: 29 May 2025
State aid, unspecified In force

On 26 May 2025, Export-Import Bank of Malaysia Berhad (EXIM Bank) in Malaysia provided USD 37 million in Islamic facilities to Duta Marine Sdn Bhd to support the conversion of an oil tanker into a ...

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