The court has allegedly granted HSBC’s bid for Zenrock to be placed under judicial managers from KPMG and the hearing is set for 13 July, 2020.
This is Winson’s second dispute with a bank for the same amount (SGD 30.4 million) over diesel trades that it made with the financially troubled HLT.
Patrol team members spotted the vessel about 7.09 nautical miles from Kuala Bintulu; PPM estimates the value of the confiscated lot to be around MYR 1,561,960.
A sanitisation expert offers Manifold Times a summary of the processes involved in disinfecting a ship together with the equipment and products used in the operation.
The iCER system minimises methane slip in expectation that these emissions will be regulated by IMO to help meet its 2050 greenhouse gas targets.
For those who miss the action of the bunker industry while on holiday, many locations offer a complimentary bunker barge or two patiently waiting on the...
Lab’s technical services, lubricant knowledge and specialist insights enable ship operators to decide on the best courses of action specific to their vessels.
Total bunker sales at Panama was 393,316 metric tonnes (mt) in May, compared to sales of 414,618 mt during the similar period in 2019.
‘As CIMB did not prove the authenticity of the Debenture, I dismissed its claims,’ concluded a High Court of the Republic of Singapore Judicial Commissioner.
Based on the ironclad terms of a jointly held loan of USD 1.94 million, wife of Tan Sing Hwa is now liable for separate loans taken...
