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Tanjung Langsat Port
Tanjung Langsat Port (TLP; ) is a port in Pasir Gudang, Johor Bahru District, Johor, Malaysia. Wholly owned by Johor Corporation, the port handles bulk cargo such as liquefied petroleum gas (LPG) and dangerous chemicals. History Initiated in 1995 and commencing partial operation in 2003, it is the third port in the state after Port of Tanjung Pelepas and Johor Port. Architecture The port is situated 12 nautical miles (22 km) from the international shipping lane. It has 3.09 km2 (763 acres) of land within the port area and a 4.5 km shoreline facing the Straits of Johor. The port has 5 jetties and 2 cargo wharfs. Facilities and services When completed in 2012, Tanjung Langsat Port facilities will include: * L-shaped twin-berth jetty capable of handling medium-range tankers of up to ; * Marine support base; * Deep sea fishing terminal/multi-purpose wharves; * Liquid cargo terminal. The main activities of the port are: * Petrochemicals and liquid bulk handling; ...
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Pasir Gudang
Pasir Gudang is a city located in eastern Johor Bahru District, Johor, which is the second largest district in Malaysia by population. The main industries are transportation and logistics, shipbuilding, petrochemicals and other heavy industries, and oil palm storage and distribution, which is located in Johor Port and Tanjung Langsat. History Established in 1918, Pasir Gudang, which was formerly known as Kampung Pasir Udang, was founded by Long Abu who is believed to have originated from Riau, Indonesia. Four more villages were established by the expanded population of about 83 families. *Kampung Pasir Gudang Baru. (known as Kampung Pasir Gudang Lama located at TNB Sultan Iskandar Power Station) *Kampung Sungai Perembi. (currently the Pasir Gudang Police Station) *Kampung Ulu (currently MSE dockyard) *Kampung Tengah (currently the Tenaga Nasional area) *Kampung Hilir. In 1920, 4 more villages were established : *Kampung Air Biru (now the port). *Kampung Pasir Merah (now the ...
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Deep Sea Fishing
Fishing is the activity of trying to catch fish. Fish are often caught as wildlife from the natural environment (Freshwater ecosystem, freshwater or Marine ecosystem, marine), but may also be caught from Fish stocking, stocked Body of water, bodies of water such as Fish pond, ponds, canals, park wetlands and reservoirs. Fishing techniques include trawling, Longline fishing, longlining, jigging, Fishing techniques#Hand-gathering, hand-gathering, Spearfishing, spearing, Fishing net, netting, angling, Bowfishing, shooting and Fish trap, trapping, as well as Destructive fishing practices, more destructive and often Illegal, unreported and unregulated fishing, illegal techniques such as Electrofishing, electrocution, Blast fishing, blasting and Cyanide fishing, poisoning. The term fishing broadly includes catching aquatic animals other than fish, such as crustaceans (shrimp/lobsters/crabs), shellfish, cephalopods (octopus/squid) and echinoderms (starfish/sea urchins). The term is n ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Investment
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a Return (finance), return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also inclu ...
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Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ...
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Heavy Industry
Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes. Because of those factors, heavy industry involves higher capital intensity than light industry does, and is also often more heavily cyclical in investment and employment. Though important to economic development and industrialization of economies, heavy industry can also have significant negative side effects: both local communities and workers frequently encounter health risks, heavy industries tend to produce byproducts that both pollute the air and water, and the industrial supply chain is often involved in other environmental justice issues from mining and transportation. Because of their intensity, heavy industries are also significant contributors to greenhouse gas emissions that cause climate ...
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Industrial Park
An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office park, which has offices and light industry, rather than heavy industry. Industrial parks are notable for being relatively simple to build; they often feature speedily erected single-space steel sheds, occasionally in bright colours. Benefits Industrial parks are usually located on the edges of, or outside, the main residential area of a city, and are normally provided with good transportation access, including road and rail. One such example is the large number of industrial estates located along the River Thames in the Thames Gateway area of London. Industrial parks are usually located close to transport facilities, especially where more than one transport modes coincide, including highways, railroads, airports and ports. Another co ...
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Steel
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength and low raw material cost, steel is one of the most commonly manufactured materials in the world. Steel is used in structures (as concrete Rebar, reinforcing rods), in Bridge, bridges, infrastructure, Tool, tools, Ship, ships, Train, trains, Car, cars, Bicycle, bicycles, Machine, machines, Home appliance, electrical appliances, furniture, and Weapon, weapons. Iron is always the main element in steel, but other elements are used to produce various grades of steel demonstrating altered material, mechanical, and microstructural properties. Stainless steels, for example, typically contain 18% chromium and exhibit improved corrosion and Redox, oxidation resistance versus its carbon steel counterpart. Under atmospheric pressures, steels generally ...
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Fuel Gas
Fuel gas is one of a number of fuels that under ordinary conditions are gaseous. Most fuel gases are composed of hydrocarbons (such as methane and propane), hydrogen, carbon monoxide, or mixtures thereof. Such gases are sources of energy that can be readily transmitted and distributed through pipes. Fuel gas is contrasted with liquid fuels and solid fuels, although some fuel gases are Liquefaction of gases, liquefied for storage or transport (for example, autogas and Liquefied petroleum gas, liquified petroleum gas). While their gaseous nature has advantages, avoiding the difficulty of transporting solid fuel and the dangers of spillage inherent in liquid fuels, it also has limitations. It is possible for a fuel gas to be undetected and cause a gas explosion. For this reason, odorizers are added to most fuel gases. The most common type of fuel gas in current use is natural gas. Types of fuel gas There are two broad classes of fuel gases, based not on their chemical composition ...
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Cruise Ship
Cruise ships are large passenger ships used mainly for vacationing. Unlike ocean liners, which are used for transport, cruise ships typically embark on round-trip voyages to various ports of call, where passengers may go on Tourism, tours known as "shore excursions". Modern cruise ships tend to have less hull strength, speed, and agility compared to ocean liners. However, they have added amenities to cater to water tourism, water tourists, with recent vessels being described as "balcony-laden floating condominiums". there were 302 cruise ships operating worldwide, with a combined capacity of 664,602 passengers. Cruising has become a major part of the tourism industry, with an estimated market of $29.4 billion per year, and over 19 million passengers carried worldwide annually . The industry's rapid growth saw nine or more newly built ships catering to a North American clientele added every year since 2001, as well as others servicing European clientele until the ...
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Barter
In trade, barter (derived from ''bareter'') is a system of exchange (economics), exchange in which participants in a financial transaction, transaction directly exchange good (economics), goods or service (economics), services for other goods or services without using a medium of exchange, such as money. Economists usually distinguish barter from gift economy, gift economies in many ways; barter, for example, features immediate reciprocity (cultural anthropology), reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral trade, bilateral basis, but may be multilateral exchange, multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a Deflation#Deflationary spiral, de ...
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Petrochemical
Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane. The two most common petrochemical classes are olefins (including ethylene and propylene) and aromatics (including benzene, toluene and xylene isomers). Oil refineries produce olefins and aromatics by fluid catalytic cracking of petroleum fractions. Chemical plants produce olefins by steam cracking of natural gas liquids like ethane and propane. Aromatics are produced by catalytic reforming of naphtha. Olefins and aromatics are the building-blocks for a wide range of materials such as solvents, detergents, and adhesives. Olefins are the basis for polymers and oligomers used in plastics, resins, fibers, elastomers, lubricants, and gels. Global ethylene production was 190 milli ...
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