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BP Singapore bunker trial nears end as legal reps present summary submissions

Lawyers of the ex-Regional Marine Manager of BP Singapore, the Executive Director of Pacific Prime Trading, and Deputy Public Prosecutors were present at the State Courts on Wednesday.

03 Apr 2020

Shell Singapore oil heist: Third offender pleads guilty for gas oil theft

A former tanker captain pleads guilty to six counts of abetting to dishonestly receiving stolen property.

06 Jan 2020

Exclusive: Singapore top bunker suppliers reveal estimated sales volume for 2019

MPA updated its list of top bunker suppliers by volume in 2019; the republic ended 2019 with 45 accredited bunker suppliers, lower than 51 in 2018.

24 Jan 2020

Thoresen Shipping Singapore takes Minerva Bunkering to court over alleged off-spec fuel damages

Thor Achiever received 492.123 mt of VLSFO product at Singapore port on or about 17 to 18 November 2019; operation of bulker affected after using bunkers.

30 Jan 2020

MPA to mandate SS 648:2019 for MFM bunkering operations from 1 May 2020

TR 48:2015 will cease to apply by end November 2020; all in-service bunker cargo officers and bunker surveyors are required to attend SSA or IBIA refresher courses.

25 Feb 2020

Vitol Group acquires Sinanju Tankers Holdings; gains foothold in Singapore bunker ops

The Singapore Bunkering license holding entity has been renamed Vitol Bunkers (S) Pte Ltd and from 1 April 2020 all bunker deliveries will be carried out by Vitol Bunkers (S) Pte Ltd.

01 Apr 2020

Septo Trading Inc initiates arrest order for bunker tanker “C Rock” at Piraeus court

BNP Paribas, Unicredit, Vilma Oil, Sahara Energy Resource Limited, AOT Trading AG, and World Fuel Services among other litigants and banks involved in claim.

09 Jan 2020

Singapore: Innovek seeks USD 1.1 million claim against former Director of Bunker House Petroleum

Latest development alleges Chua Chin Lan facing total debt of approximately USD 5 million due to personal guarantees undertaken with Innovek and Global Energy Trading.

04 May 2020

Singapore: Earlier court judgement between Hanwa and Harley Marine discharged

Hanwa obtained judgement following an “Emergency Arbitration” application on 18 July 2018 to prevent the risk of dissipation by the former Singapore-based bunkering firms.

07 Apr 2020

Singapore: O.W. Bunker A/S stakeholders take Deloitte & Touche LLP to court over alleged negligence

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.

03 Jun 2020

Captain of “Prime South” jailed in Shell Pulau Bukom gas oil theft

Ship captain jailed 5.5 years from profiting in MGO theft from Shell’s Pulau Bukom refinery at Singapore.

20 Dec 2019

‘Reasonable prospects’ to keep Ocean Tankers as a going concern, states Director

‘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 kept intact.’

13 May 2020

Singapore: Coriolis Master Meter for MFM verification garners international interest

Master meter will be used for verification operation of duty MFMs installed on board Singapore bunker tankers due for yearly re-validation, learns Manifold Times.

18 Feb 2020

‘Limited impact’ from WTI crude oil price drop on Singapore bunkering market, say players

Bunkering sector to enter downward correction of fuel prices on Tuesday due to negative value from sensation of WTI prices, forecasts Director & Founder of Azure Strategic Resources.

21 Apr 2020

Singapore bunker supplier Brightoil Petroleum (S’pore) Pte. Ltd. to be disposed by parent company

‘It is most appropriate and in the Shareholders’ interest to delineate the Group from BOPS through disposal of the Company’s interest in BOPS,’ says Board of Brightoil.

04 Feb 2020

Sinanju Tankers takes delivery of “Marine Vicky”, ranks amongst fastest growing local firms

Firm recorded a compound annual growth rate of 237.3% from 2015 to 2018, according to data compiled by The Straits Times and Statista.

15 Jan 2020

Marine fuel consultants explain Singapore’s 10.8% on year bunker sales increase in April

April bunker sales results released on Wednesday caught several players, who expected volume to fall due to lower international trade and COVID-19, by surprise.

14 May 2020

U.S. Treasury sanctions oil trading firms for allegedly facilitating Iranian regime

Petro Grand FZE, Alphabet International DMCC, Swissol Trade DMCC, Alam Al Tharwa General Trading LLC, and Alwaneo LLC Co reportedly falsified origin of Iranian petroleum.

20 Mar 2020

Singapore: MPA introduces enhanced precautions for shore personnel and crew

At present, no crew and passengers are allowed to disembark in Singapore, crew change is not permitted, and all suspected COVID-19 cases will be tested.

24 Mar 2020

SINGAPORE: MPA to permit crew change for cargo ships under ‘special circumstances’

MPA outlines conditions with which it would allow crew to disembark or board a vessel; applications and supporting documents will need to be submitted for consideration.

30 Mar 2020

Monjasa in bunker claim against “Jutta”; operator may counterclaim over alleged off spec fuel

Blumenthal Asia requesting time limit extension for serving its defence to 13 March 2020; to obtain additional legal advice due to bunker contract being signed under U.S. law.

31 Jan 2020

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