Maritime expert urges Customs to clarify RM220m K8 cargo blending

Maritime industry expert Datuk Seri R. Jeyenderan has urged the Royal Malaysian Customs Department (JKDM) to clarify whether petroleum cargo declared under the K8 Customs procedure can be blended or mixed with existing inventory in shore tanks. The issue involves two petroleum cargoes totaling 76,954.325 metric tonnes of Atlanta Crude, valued at over RM220 million, which were discharged at Tanjung Langsat, Johor, under the K8 Customs procedure.

Jeyenderan, who has over 30 years of experience in the industry, sought clarification from the Malaysian Investment Development Authority (MIDA) but was told that the matter could only be determined by Customs. He emphasized the importance of traceability and establishing a clear chain of documentation for the cargo movements, as well as the need for a written Customs determination to prevent companies from being left exposed to uncertainty.

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