Ng Hock Teck, Tan Cheng Chuan, and Doan Xuan Than were charged at a Singapore court on Saturday.
The country recorded a 2,000% increase in bonded MGO sales but finds most product routed back to domestic market, says government official.
Defendant’s two vessels were arrested in Ukraine and sold at a government online auction for arrested property.
Total of 17 men arrested, together with $2.29 million in cash and 12,000 dwt tanker seized.
The Lighthouse Winmore either delivered fuel oil or marine gas oil to a North Korean vessel in late December, says Platts.
This was a lawyer’s response to a question posted by an audience member at the Singapore-held IBIA Annual Convention 2017.
