The Gujarat High Court granted ship management company, Celestial Ship Management Pte Ltd’s request to detain GP B3 over $600,000 of unpaid bills, reports Reuters.
The global offshore wind industry continues to balloon with increasing pressure for its support vessels to decarbonise but supplying biofuels remains challenging, said LQM.
Deloitte & Touche JMs believe IPP has a viable claim against Dr Goh Jin Hian for breaches of his director’s duties to act with skill, care...
‘He’s a great match for our group, bringing a huge amount of experience gained from a long and reputable career in the shipping and marine fuels...
The move risks introducing sub-optimal environmental laws at the EU level, contributing to a regulatory patchwork and increasing international fragmentation, it said.
Oil Tanker MT TMN Pride carrying 15,000 metric tonnes of low-sulphur bunker fuel berthed at Dolphin Jetty No. 5 of Meghna Oil Company on Monday.
The company is seeking legal action against Standard Chartered Bank and OCBC over unpaid letters of credit issued in relation to Hin Leong trades, reports Reuters.
The restructuring team is allegedly considering multiple offers for various parts of the business and a proposal is rumoured to be presented shortly, reports Bloomberg.
The centre has been established to facilitate industrial growth across the LNG propulsion and bunkering sector based on KR’s high level of expertise with LNG technology.
Emissions caused by producing low-sulphur bunker fuels for ships are higher, depending on the quality of the low-sulphur fuel, the refinery and the crude oil slate,...