Brunei Shell Tankers Sdn Bhd was established in December 1986 for the purpose of delivering LNG to overseas customers in Japan.
BST was initially a joint venture company comprising of the Prime Minister Corporation (the body corporate of the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam) and The Shell Petroleum Company Limited holding equal shares. Later in late 2002, an agreement was reached for Diamond Gas Carriers B.V. to take stake of 25% of shares in the Company from The Shell Petroleum Limited, and become the third member of the Company.
BST owns seven ‘B’ class vessels; the Bubuk, Bilis, Bekalang, Bekulan, Belais, Bebatik and Belanak, all of which are chartered to BLNG.
Our Management Profile
BST reports to a Board of Directors comprising of the appointed representative from each of the Shareholders, including the Managing Director of the Company and convene meetings on a quarterly basis each year.
The Managing Director is answerable to the Board and manages the Company under the guidance of the Board of Directors. Onshore administration is provided through service agreements with BGC and Brunei Shell Petroleum Sdn Bhd (BSP).
Management, financial, legal and corporate, administrative and human resource services are provided for by BGC commencing June 2005.
Shell Trading and Shipping Company Limited (STASCO) is the appointed Ship Manager of the ABADI. STASCo duties, among others, is to manage and operate the vessel in a safe and efficient manner to satisfy contractual obligations to BLNG.