STO chief: MVR 124mn generated from bunkering

11 hours ago

Maldives has generated MVR 124 million in revenue from bunkering service, says Shimad Ibrahim, the managing director of State Trading Organization (STO), adding that more changes are required to improve the service. Bunkering services launched in the Maldives on September 19, 2024. The service is run by the STO and Maldives Ports Limited (MPL) in partnership with Swiss-based Vitol. During STO’s 2024