BRUNEI GAS CARRIERS (BGC) hosted its inaugural event for registered vendors on Friday, October 14, 2016, at the Goldstone Ballroom in Centrepoint Hotel, Gadong. The event, known as RAKAN, stands for Raising Awareness, Knowledge and Networking with BGC and was attended by 150 guests including BGC staff. The main purpose of the event was to foster collaborative relationships with its local business partners by raising awareness on the standards of excellence required to fulfil its mission of “Shipping Energy First-Class”. Featured themes included upcoming business opportunities specific to the LNG Shipping industry, managing HSSE in contracts, BGC’s Code of Conduct, Payment processes within BGC and Local Business Development (LBD) Reporting requirements. The event began with the recital of a Doa Selamat led by BGC’s Religious Counselor, Hj Mohamad Yazid Abd Ranni, and was followed by a speech delivered by BGC Contracts and Procurement Manager, Pg Dianawaty binti Pg Hj Matzin. The event also saw the launch of BGC’s Vendor Portal by BGC’s Managing Director. The introduction of the self-service portal, was part of the first phase of BGC’s recently implemented enterprise resourcing planning system, named “AXiS”, and would allow BGC’s registered vendors to check their status and update information with BGC online. RAKAN is also an initiative in line with BGC’s Social Performance commitment to continuously engage stakeholders, in this instance with BGC’s existing local business partners. The event provided a networking opportunity for local business partners to share learnings and experiences of working in the industry. It was highlighted that among the tenets of developing local businesses under the Energy White Paper was to foster businesses that embody true Bruneian principles, including the practice of upholding business integrity. To establish business with BGC, vendors were urged to heed the call for fair and transparent process by having a solid corporate governance system in place. This is the first time that such an event has been organized by BGC, realizing the increasing role BGC has towards overall economic welfare of the country and local business development. Since 2012, BGC has been embarking on a journey towards becoming a fully-fledged Ship Management Company in its own right where among the key elements of this transition involves the management of contracts in support of its operations, which is currently managed by Shell Trading and Shipping Co. Ltd (STASCO) in London.