Development ‘fully in line with the group’s ambition to partner up with top tier trade finance banks’.
Its oil product business in Singapore achieved sales volume of approximately 325,700 mt in H1 2018.
Mercuria to provide $532 million in postpetition financing to fund chapter 11 process and working capital.
Development may negatively affect credit quality unless firms pass costs to customers, says report.
Principal beneficiary is Fujairah-based OilTank Engineering & Consulting contract with Aegean subsidiary.
Ulrich Hyldedahl Rasmussen will be based in Singapore and will head the Credit Team globally.
Victoria Freeman celebrated her 9th anniversary with the bunker trading outfit on 1st November 2018.
‘Attempts were made to ban auditors from accessing relevant documents,’ says source in FT report.
Upgraded version of e-commerce platform for marine bunkering expected to be launched in 2019.
Marine Police and MMEA have lately improved patrol operations, says MD of Straits Inter Logistics.