‘The merger has regulatory approval, and creates one of the largest and most experienced independent marine energy service and solutions providers in the world,’ it said.
Brightoil explains the various steps it has undertaken to comply with trade resumption requirements and the unexpected extenuating circumstances along the way.
Data of the Q2 2020 bunker sales volume shows bunker fuel sales volume minimally impacted by Covid-19 related lockdowns compared to Q1 2020.
‘The new facility will test fuel to ISO 8217 standards to highlight substandard samples and to help identify the causes and origins of fuel-related problems,’ it...
Despite volumes across the board generally being negatively impacted, the marine segment generated gross profit of USD 37.2 million, an increase of 2% on year, it...
The bank is allegedly releasing its front office staff, and all clients with transactions in Singapore will be managed by its Hong Kong office, reports Bloomberg.
‘The fraudsters manipulated records that switched the cargo under the custodianship of GP with those goods financed by various banks and under CMA,’ said legal rep.
Xihe said it has recently hired a qualified management team to drive the business; Lim Oon Kuin and his children are no longer part of the...
Demand for cleaner energy solutions is currently growing particularly in maritime transport, where total gas sales volumes are forecast to show further growth, noted CEO.
‘Distillates will become an alternative to fuel oil, but they will be gradually replaced by new grades of low-sulfur fuel,’ said CEO of Gazpromneft Marine Bunker.
