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TMD Energy Limited ( (TMDE) ) just unveiled an update.
On June 18, 2025, TMD Energy Limited announced a strategic memorandum of agreement with Double Corporate Sdn Bhd to explore collaboration in the green bioenergy sector for the EU and Asia markets. This partnership aims to expand TMD Energy’s reach into sustainable and alternative fuel sectors, aligning with their vision for environmentally responsible energy solutions. The agreement initiates exclusive negotiations to formalize partnerships in bioenergy sustainable fuel solutions, marking a significant step in TMD Energy’s strategy to advance green business and fuel innovation.
More about TMD Energy Limited
TMD Energy Limited, based in Malaysia and Singapore, specializes in integrated bunkering services, including ship-to-ship transfer of marine fuels, ship management services, and vessel chartering. The company operates in 19 ports across Malaysia with a fleet of 15 bunkering vessels, focusing on the supply and marketing of various marine fuel oils.
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Learn more about TMDE stock on TipRanks’ Stock Analysis page.