Program will cover topics, including port planning, digitalisation and sustainability of maritime industry, emergency preparedness and crisis communication.
‘As a major transhipment and bunkering hub port, Singapore takes maritime safety seriously,’ states Mr Chee Hong Tat, Senior Minister of State for Transport.
Product tested in the engines onboard M/F Fenja and M/F Menja, operating the route between Esbjerg the Danish mainland and the island of Fanø earlier this...
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66...
Following resolutions affecting both firms have been passed by written means on (23 August) pursuant to sections 184A to 184F of the companies act.
Development follows an application for the winding up of the company to the General Division of the High Court on 12 July 2021.
Creditors meeting aims to receive a statement of the company’s affairs together with the list of creditors and the estimated amounts of their claims.
Revenue growth substantially attributed to oil trading & bunkering services segment, due to the recovery of the maritime industry and global oil prices.
Business operations currently financed and supported by internal resources, as banks have frozen NewOcean’s credit facilities due to debt restructuring.
Revenue for bunkering, vessel chartering and petroleum trading segment was RM 69.5 million during the similar quarter, according to financial report.
