The application by CIMB Bank Singapore was filed June as the bank looked to recover USD 105 million from Hontop; the hearing date is set for...
14 other crew members on board the same ship were later confirmed to have COVID-19, and all 15 members were transferred ashore to a hospital, reports...
A total 4.16 million metric tonnes (mt) of bunkers was sold at the republic in July, more than 3.88 million mt posted during July 2019, reports...
Other creditors support OCBC’s application as the bank views Xihe’s restructuring plan to be ‘little more than a controlled sale of vessels’, reports Business Times.
Lim has been charged with instigating a Hin Leong employee to forge a document that was allegedly used to secure more than $56 million in financing,...
‘Contrary to the allegations, we have not imposed any increments to the charges and fees ever since we took over the management of the port,’ said...
‘Cost savings are essential to all, but despite a considerable share of the fleets now being scrubber-fitted, the largest part of the fleet continues to operate...
In FY2017, Brightoil reported an 18% increase in gross profit of HKD 365 million attributed to its core business of International Trading and Bunkering.
In June, bunker fuel prices in Malaysia and Singapore weakened compared with domestic prices and incentivised distributors to make large purchases, reports JLC.
‘[...] The fuels exceeded the ISO 8217 specification limit of 0.10%m/m for TSP. The TSP values tested were in the range 0.17 % m/m – 0.38...
