‘We built the launch craft in Singapore and it was delivered on 2 September,’ shared Timothy Cosulich, CEO and Board Member of Fratelli Cosulich.
The system would be overseen by the IMO and would involve charging a levy on carbon-intensive fuels and subsidising low- and zero-carbon fuels, it said.
Operations have started on 23 of September and a detected breach in the concentration limit will result in a ship inspection at the next port of...
Refiners in Europe and Asia Pacific are close to maxing out gasoil-to-jet fuel yields, and the extra product is contributing to renewed price weakness, it said
Lim allegedly “instigated” a HLT executive to write an email to China Aviation Oil (Singapore) Corporation for the purpose of cheating, reports The Business Times.
The firm will be cooperating with CAD and MAS to assist the investigation, and its operations have not been affected and will continue as usual, says...
The relatively small scale of the bunker market in the US Gulf coast, compared to Singapore, also makes such a move not worth the associated risks...
China Wanda has conceded to settle Hontop’s debts via its other subsidiaries including USD 33.2 million to DBS and USD 63.3 million to SocGen, reports Bloomberg
The application was filed on 18 September, and a hearing has been scheduled for 10.00 am on Friday (9 October) at the High Court of the...
OCBC has lost all confidence in the companies’ management and is looking to recover payments for some loans including a “Jumbo Loan” of about USD 282...