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Home»Business News»Malaysia Captures Tankers Loaded with $129 Million in Crude Oil
Business News

Malaysia Captures Tankers Loaded with $129 Million in Crude Oil

January 31, 20261 Min Read
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KUALA LUMPUR: Authorities in Malaysia have detained two tankers believed to be involved in the illegal transfer of crude oil, worth around USD 129 million, as reported on Saturday.

The Malaysian government has faced increasing scrutiny over oil transfers in its waters, especially regarding potential violations of sanctions. In response, they promised last year to strengthen their efforts against illegal maritime activities.

The Malaysian Maritime Enforcement Agency intercepted the two tankers on Thursday, based on a tip-off, while they were anchored north of the port of Penang.

Muhammad Suffi Mohd Ramli, the maritime director in Penang, stated that an inspection revealed the vessels were moored together, which raised suspicions of an unauthorized transfer. He noted that the crude oil onboard was valued at over 512 million ringgit (USD 129 million).

The tankers have been seized, and their captains have been handed over to investigators for further inquiry. Although details about the tankers’ origins are not yet available, it’s reported that the 53 crew members come from various countries, including China, Myanmar, Iran, Pakistan, and India.

Crude oil india Iran KUALA LUMPUR Malaysia Malaysia seizes tankers Muhammad Suffi Muhammad Suffi Mohd Ramli Myanmar Penang
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