TMD Energy and its subsidiaries, headquartered in Malaysia and Singapore, are integrated marine fueling service providers engaged in ship-to-ship (STS) marine fuel transfers, vessel management services, and vessel chartering. The company has announced the signing of a Memorandum of Agreement (MOA) with bioenergy firm Double Corporate Sdn Bhd to explore strategic cooperation across the EU and Asian markets.
This collaboration marks a significant milestone in TMD Energy’s expansion into the sustainable and alternative fuels sector. The MOA initiates an exclusive and transparent negotiation period aimed at formalizing a partnership focused on sustainable biofuel solutions and operational integration.
Double Corporate, a Malaysian bioenergy company certified under ISCC-EU, specializes in converting waste into high-yield, sustainable fuels and lubricants using proprietary ISCC-EU-compliant technology. With over a decade of expertise in producing low-emission biofuels, the company is well-positioned to serve the growing demand for Sustainable Aviation Fuel (SAF) and Sustainable Marine Fuel (SMF) in both Europe and Asia.