{
  "id": 17919227,
  "title": "Orkim expands fleet to 21 vessels, targets five more by 2029",
  "url": "https://urgent.news/2026/11/03/orkim-expands-fleet-to-21-vessels-targets-five-more-by-2029",
  "topic": "world",
  "section": "World",
  "published": "2026-11-03T06:15:14.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/11/1569760/orkim-expands-fleet-21-vessels-targets-five-more-2029"
  },
  "original_language": "en",
  "account": null,
  "summary": "Orkim Bhd has expanded its fleet to 21 vessels, with the addition of the Orkim Jade, a 14,500 DWT clean petroleum products tanker. This increase accounts for a 5.4% boost in the group's total fleet capacity, now standing at 281,534 DWT. The vessel, equipped with an onboard nitrogen generation system and high-efficiency engines, is expected to start commercial operations soon. The delivery of Orkim Jade is the third vessel addition this year, bolstering the group's fleet optimisation plan. Orkim CEO Captain Cheah Sin Bi highlighted the vessel's contribution to improved fuel efficiency, reduced emissions intensity, and enhanced visibility over long-term earnings. The company plans to add five more vessels between 2027 and 2029, further solidifying its position as a leading marine transportation player in Malaysia.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}