Director of Xin Hui Shipping Pte Ltd announced Seshadri Rajagopalan and Paresh Jotangia of Grant Thorton will be the joint judicial managers of the company.
In total, 4.26 million metric tonnes of various bunker fuels were sold at the republic in November, more than 4.07 million mt recorded during November 2019.
Creditors meeting is scheduled to be held on 18 January 2021 after approval from the High Court of Hong Kong and Supreme Court of Bermuda.
Initial short-term measures include tightening existing mandatory energy efficiency measures, and introducing new technical and operational efficiency measures.
Some traders think returning suppliers may struggle to compete on price, while others note medium-term regional politics could lead to changes, it said.
TFG Marine unveils expansion strategy which includes welcoming Rasmus Bach Nielsen, Trafigura Global Head of Fuel Decarbonisation, to its Marine board.
In the new financial year, TFG Marine has planned further bunkering operations in the US Gulf Coast, the Mediterranean, South Africa, the Middle East, China and...
Shenzhen Yan Tian Port Holdings to subscribe 90% of shares in Brightoil Petroleum Group Co. Ltd. (HK Brightoil) through capital injection of USD 396 million.
Having nine years of experience in bunker trading and 15 years with a demonstrated history in marketing and sales, Chong led change initiatives in her previous...
Representatives of Veritas Petroleum Services, Maersk, INTERTANKO, ElbOil Singapore, and SDE International provide insight from their respective fields of expertise on what lies ahead.
