The new owner of the oil storage facility is allegedly Australia private equity firm Prostar Capital, says report.
The committee calls for immediate governance enhancements to remedy board dysfunction.
Transoil Laboratory is a transformer and insulating oil testing company based in Manchester, UK.
Company seeks to make IPO in mid-2018 with expected chartered capital of $630 million.
The CMA CGM Antoine De Saint Exupery a strong symbol of the group’s dynamism and development, it says.
The container newbuilds double existing capacity and consume 20% less bunker fuel.
“SBI fits strategically with the objectives of Kaeline Group,” says Managing Director.
New branding about catalysing mutual growth of organisation as well as stakeholders, says Chairman and Founder.
The trio has received all necessary merger approvals from local competition authorities to start ops on 1 April 2018.
Ocean Tankers, which already owns 136 vessels, has to date placed orders for 28 tankers from various yards.
