Maritime Agency Seizes RM512 Million Worth of Crude Oil Suspected of Illegally Transferred


Dateline 2026-02-01, Business Today:

Two tankers suspected of illegal ship-to-ship oil transfers were detained and more than RM512 million (US$129.9 million) worth of crude oil seized 24 nautical miles west of Muka Head, Penang last week, the Malaysian Maritime Enforcement Agency said on Saturday (Jan 31). 

The agency did not specify the origin of the oil being transferred.The waters off Malaysia are known as a regular site for illegal ship-to-ship transfers, where oil is shifted between tankers at sea to obscure its origin.

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This entry was posted on Monday, February 9th, 2026 at 9:00 am and is filed under oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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