Fuel Supplies Maldives (FSM) is gearing up to add two new barges to its fuel supply operations.
According to the company’s Managing Director Mohamed Gasam, the addition of two new vessels to its fuel supply operations will improve its services and enhance faster supply of fuel to customers.
In 2019, FSM had entered an agreement with an Egyptian firm to develop four fuel supply barges. Two out of the four were brought to the Maldives and added to FSM’s fleet last year, while the last two have traversed across Suez Canal and were enroute to the Maldives.
The recent two barges have the capacity to hold 180,000 liters of diesel, and between 40,000 and 60,000 liters of petrol. FSM’s fleet currently has a total of 20 barges, while the company is aiming to acquire larger barges to replace its smaller ones.
The premier fuel supplier in the Maldives currently supplies over 1 million liters of fuel across the country on a daily basis.