'Nearly MVR 1 billion generated from bunkering'

4 hours ago

The bunkering service launched by the Maldivian administration in 2024 has generated nearly MVR 1 billion in revenue, according to Economic Minister Mohamed Saeed. Bunkering services launched in the Maldives on September 19, 2024. The service is run by the State Trading Organization (STO) and Maldives Ports Limited (MPL) in partnership with Swiss-based Vitol. At a press briefing on Thursday, Saeed told