Eleven stakeholders of O.W. Bunker A/S, including representatives of Altor Equity Partners, start suit against the former company auditor over financial statements of Dynamic Oil Trading.
Venus 08 was discovered by the patrol team to be illegally transferring oil with two other unidentified iron-hull ships; Captain claims he was transferring waste oil.
Creditors have a deadline of until 9 June 2020 to prove debt or claim to Ernst & Young interim judicial managers of the Singapore energy transportation...
Product tanker Siam Varich (IMO number 753440) was discovered on 19 May by Coast Guard Region 3 command at the southernmost region of Vietnamese coast.
Tanker in question was discovered by Coast Guard Region 1 during 1850 on Sunday evening at the Gót area of Hai Phong; vessel has since been...
‘OTPL has a strong group of employees who have the requisite expertise and experience in ship chartering and management, which has commercial value and should be...
Company believes market and business partners ‘likely to have greater confidence and comfort in continuing business dealings’ if placed under judicial management, says Director.
The ship was discovered by the patrol team on an inlet about 45 nautical miles southwest of Sóc Trăng province at about 4.10 am on Wednesday...
‘Initial investigations showed that the vessel is registered in the Marshall Islands. A 50 year old captain and 15 crew of Chinese nationality were discovered onboard’,...
Issues arising out of floating storage cannot be looked at in isolation; Consideration should also be given to bills of lading, sales contracts and insurance provisions,...
