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TANKER VESSEL OPERATOR BUSINESS

TANKER VESSEL OPERATOR BUSINESS

Current Status Growth
Amount Invested RM 10,000
Funding Required RM3,000,001 to RM4,000,000
Description MALAYSIA IS A COUNTRY WITH LARGE VOLUME OF OIL AND GAS, AND REQUIRE SHIPPING AND TRANSPORTATION TO SHIP THE CARGOES. FROM THIS VISION WE ESTABLISHED ONE SHIPPING COMPANY THAT PROVIDE TRANSPORTATION SERVICE IN LIQUID TANKER SEGMENT AND LISTED UNDER ONE COMPANY NAME (PREMIER TANKERS SDN BHD) AND INTERACT EFFICIENTLY TO DELIVER HIGH QUALITY SERVICE AND COMPETE IN THE TERM OF QUALITY. WE KNOW THAT THIS COMMODITY TRADING WILL NEVER ENDS OR STOP AND THE BEST WAY TO GAIN THE MARKET SHARE IS TO ESTABLISH MALAYSIA BASED SHIPPING COMPANY AND PROVIDE OUR SERVICES TO LOCAL AND INTERNATIONAL CUSTOMER.
Business Opportunity MALAYSIA EXPORTED USD 13.1 BILLION WORTH OF REFINED PETROLEUM AND 95% OF THE CARGO WAS SHIPPED USING FOREIGN VESSEL IE. SINGAPORE, JAPAN, KOREA. THERE IS ONLY 4 TANKER SHIPPING COMPANIES IN MALAYSIA INCLUDING MISC AND THIS COMPANY UNABLE TO CATER FOR MALAYSIA GROWING LIQUID MARKET DEMAND RESULTING CHARTERER IE. PETRONAS, SHELL, FELDA, SIME DARBY TO SOURCE FOR VESSEL FROM OTHER COUNTRY TO SHIP THEIR CARGO. IN ORDER TO EXPLOIT THIS ISSUE, WE ESTABLISH PREMIER TANKERS SDN BHD AND ACT AS VESSEL OPERATOR TO CATER THE DEMAND. TANKER SHIPPING INDUSTRY IS EXPECTED TO GROW IN THE COMING YEARS. STRONG GROWTH IN CHINA WILL HELP IN DEVELOPING TANKER SHIPPING MARKET. NEW RESTRICTION IN THE COMING YEARS LIKE BALLAST WATER MANAGEMENT SYSTEM AND GOVERNMENT IMPOSING RESTRICTION AND STRINGENT ENVIRONMENT REGULATIONS ARE EXPECTED TO RESTRAIN TANKER SHIP SUPPLY. INCREASE IN PRODUCTION WILL ALSO BOOST TANKER SHIPPING MARKET.
Revenue / Business Model PREMIER TANKERS SDN BHD BUSINESS MODEL IS MAINLY AS SHIP OPERATOR. CONSIDERING LARGE AMOUNT OF MONEY NEEDED TO BUY A VESSEL, OUR BUSINESS FOCUS MAINLY ON RENTING A VESSEL FROM OTHER COMPANIES AND TRADE THE VESSEL FOR MALAYSIA MARKET. BY RENTING A VESSEL, WE REDUCE THE RISK AND MANY OTHER STARTUP COST IE. VESSEL MAINTENANCE, CREWING. AFTER RENTING THE VESSEL, COMPANY WILL MAKE MONEY BY CARRYING CARGO IE. PETRONAS, SHELL, SIME DARBY, FELDA FROM POINT A TO POINT B CONSECUTIVELY. IN ORDER TO FULLY MAXIMIZE VESSEL VOYAGE, WE CAN ALSO CARRY CARGO FROM OTHER COUNTRY SUCH AS SINGAPORE, THAILAND, INDONESIA, KOREA AND JAPAN.
Management Team PREMIER TANKERS IS FOUNDED AND LEAD BY SYAHID HAFIZUL AZZAM. HE GRADUATED FROM AKADEMI LAUT MALAYSIA (ALAM) AS MARINE ENGINEER ON 2010. AFTER THAT HE JOINED GAGASAN CARRIERS AS MARINE ENGINEER AND WORKED ON BOARD VESSEL FROM 2010 UNTIL 2012. BY END OF 2012, HE MOVED TO JADE OCEAN TANKERS AND SERVE AS CHARTERING MANAGER FROM 2013 TO APRIL 2017. AT JADE OCEAN TANKERS, HE SERVE VARIOUS LIQUID MARKET SUCH AS CARGO FROM MALAYSIA, SINGAPORE, THAILAND, KOREA AND JAPAN. DURING HIS TENURE AT JADE OCEAN TANKERS, HE HAS ESTABLISHED LARGE CONNECTION IN THE SHIPPING INDUSTRY MAINLY IN TANKER MARKET. HE HAS CLOSE CONNECTION AND FULL SUPPORT OF PETRONAS, SHELL, JX ENERGY, PTT OIL AND OTHER CUSTOMER. HE WILL HANDLE COMMERCIAL, BUSINESS DEVELOPMENT AND DAY TO DAY MANAGEMENT.
MUHAMMAD RASYID IS A CO-FOUNDER FOR PREMIER TANKERS. HE ALSO GRADUATED FROM AKADEMI LAUT MALAYSIA (ALAM) AS MARINE ENGINEER ON 2010. HE JOINED MISC AS MARINE ENGINEER AND WORK ON BOARD VESSEL FROM 2010 TO APRIL 2017. HE HAS EXTENSIVE KNOWLEDGE ON VESSEL OPERATION AND MAINTENANCE AND WILL HANDLE VESSEL DAY TO DAY OPERATION.
AIMAN SYAMIM IS A CO-FOUNDER AND GRADUATED FROM SOUTHAMPTON SOLENT UNIVERSITY AND PORT MANAGEMENT. HE SERVED APL AS SENIOR OPERATION EXECUTIVE FROM 2015 UNTIL 2017. HE HAS EXTENSIVE KNOWLEDGE IN PORT AND VOYAGE PLANNING AND WILL HANDLE VESSEL DAY TO DAY VOYAGE PLANNING.
Company Background PRMIER TANKERS WAS ESTABLISH ON APRIL 2017. TO DATE, INVESTMENT MADE IS RM 10,000. WE HAVE PETRONAS, SHELL, FELDA, SIME DARBY AS OUR MAIN CUSTOMER. TO DATE OUR SALES WAS AT RM 50,000. AT THE MOMENT WE ONLY ACT AS A BROKER FOR OUR CUSTOMER INSTEAD OF SHIP OPERATOR.
Funding Milestone WE REQUIRE FUNDING OF USD 600,000 TO START RENTING AND OPERATE THE VESSEL. THE FUND WILL BE USED TO RENT A VESSEL WITH RENT BUDGET OF USD 10,000 PER DAY. BALANCE WILL BE USED TO ARRANGE FOR VESSEL BUNKERING, PORT CHARGES AND OTHER SUNDRY COST. WE CAN START TRADE THE VESSEL INSTANTLY CONSIDERING THE VESSEL IS ALREADY PREPARED AND FULLY EQUIPPED BY THE VESSEL OWNER AND START MAKING PROFIT ON THE SECOND MONTH
% Equity Allocation 20
Expected ROI 8
Risks and Mitigation THE RISK WILL OCCUR IF PREMIER TANKERS UNABLE TO TRADE THE VESSEL CONSECUTIVELY. IN ORDER TO MITIGATE THIS RISK, WE ALREADY INFORM TO PETRONAS, SHELL, SIME DARBY, FELDA OF OUR PLAN TO OPERATE OUR OWN VESSEL AND WE GOT THEIR FULL SUPPORT. OUR CUSTOMER WILL CONTINUOUSLY PROVIDE US WITH CARGO REQUIREMENT TO MAKE SURE THE VESSEL CAN TRADE CONSECUTIVELY. OTHER PLAN WILL BE TO APPROACH CARGO BROKER FROM OTHER COUNTRY SO THEY CAN PROVIDE OUR VESSEL WITH THE SUITABLE CARGO FOR THE VESSEL TRADING.
Exit Strategies USD 600,000 WILL BE FULLY PAID TO INVESTOR ON THE 10TH YEAR AND SUBJECT ALL GOES WELL DIVIDENT WILL BE PAID STARTING 5TH YEAR.
Company Name PREMIER TANKERS SDN BHD
Website/Facebook http://www.ptankers.com
Business Address 3.02D (EAST WING) MENARA BRDB, 285, JALAN MAAROF, BUKIT BANDARAYA, 59000, KUALA LUMPUR
Contact Person SYAHID HAFIZUL AZZAM