v3.25.1
Organization and Principal Business (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Subsidiaries

TMDEL and its subsidiaries as at December 31, 2024 is as follows:

 

Entity Name   Percentage of Ownership   Place of Incorporation   Principal activities
TMD Energy Limited (“TMDEL”)   Parent   Cayman Islands   Ultimate Holding Company
Straits Marine Fuels & Energy Sdn Bhd (“SMF”)   100%   Malaysia   Investment holding

Straits Marine Services Pte Ltd (“SMS 1”)

  100%   Singapore   Ship Management Services
Straits Maritime Services Pte Ltd (“SMS 2”)   100%   Singapore   Provision of Shipping Services, General Cleaning & Disinfection
Tumpuan Megah Development Sdn Bhd (“Tumpuan Megah”)   100%   Labuan, Malaysia   Provision of Bunkering Services for Marine Fuels and Petroleum-Based Products
Cavalla Asia Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
Dolphin Asia Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
Escolar Asia Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
Oscar Asia Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
Phoenix Asia Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
S3 Asia Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
TMD Straits Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
TMD Sturgeon Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
SMF Begonia Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
SMF Ixora Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
SMF Omura Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
SMF Eden Maritime Ltd   100%   Labuan, Malaysia   Provision of Vessel Chartering Services
SMF Beluga Ltd   51%   Labuan, Malaysia   Provision of Vessel Chartering Services
Sierra Pioneer Marine Ltd   51%   Labuan, Malaysia   Provision of Vessel Chartering Services
Katsu Pioneer Marine Ltd   51%   Labuan, Malaysia   Provision of Vessel Chartering Services
TMD Marine Fuels Sdn. Bhd. (“TMDF”)   30%   Malaysia   Dealing in Oil and Petroleum Products, Oil Trading, Oil Bunkering and Related Services