All Business News
Singapore Maritime Week 2021 to discuss industry’s ‘New Frontiers, Shifting Paradigms’
Event will provide a platform for maritime leaders to discuss new opportunities and key competencies for Singapore to achieve its vision of a global maritime hub.
Apr 12 2021
Bellingham Marine Singapore Pte Ltd to undergo voluntary liquidation
Esteem Management Services is the appointed Liquidator for the process and creditors are to submit all proofs of debt by 10 May to benefit from any distribution.
Apr 12 2021
Rhodium Trading Australia files for winding up order against Seashore Resources Pte Ltd
A hearing is scheduled to be held on Friday, 23 April at 10 am and anyone who wishes to support or oppose the order may contact Rhodium Trading’s solicitors.
Apr 12 2021
Skuld: Bunker fuel contamination by chemicals onboard
Undetected solvent chemicals in the fuel might lead to poor engine combustions, fuel pump seizures and it will damage piston rings and engine liners, it said.
Apr 12 2021
Singapore: MPA to revise port due rates from January 2022 over two phases
Revised rates will be used to fund increased operating costs and encourage vessels to make faster turnarounds; to allow more ships to be served with the port’s limited space.
Apr 09 2021
Genshipping Pacific Line call for meeting of creditors to approve disbursements
Meeting is scheduled to be held electronically on Friday, 16 April at 3.00 pm and creditors may attend by submitting a General Proxy form to Liquidators by 15 April.
Apr 09 2021
Indian Oil Corporation Ltd & New Mangalore Port Trust ink bunker supply agreement
NMPT called for tenders, and IOCL won the bid by offering the highest minimum volume of bunkers; agreement is to supply 90,000 mt per annum for five years.
Apr 08 2021
MSC Containership encounters engine issues at sea due to bad quality bunker fuel
MSC ARIANE had to stop at sea due to an engine issue due to bad quality of fuel on Friday, 2 April while en route from Xiamen, China to Los Angeles, USA.
Apr 08 2021
Bunker One expands bunker supply business to St Croix, US Virgin Islands.
St. Croix is strategically located along all major shipping lanes servicing US crude import & export markets as well as the regional markets, said Bunker One.
Apr 08 2021
SMTC 2021: Electrification of Singapore bunker tankers and harbour craft in government pipeline, says SMI
MPA and SMI will be awarding up to three electrification projects by Q3 2021; the duo are working to maintain Singapore’s status as an attractive shipping hub for the global maritime ecosystem.
Apr 07 2021
IBIA ‘Bunkering & Shipping in Transition’ conference on 12-13 April to discuss maritime market developments
IBIA’s Director will present the latest updates from the International Maritime Organization, alongside industry experts and leaders sharing important industry developments and experiences.
Apr 07 2021
Sing Fuels appoints Gerard Miligan as Chief of Staff at Singapore headquarters
‘Gerard brings onboard extensive experience working in various companies and in-depth expertise in people and process management,’ said COO Satnam Singh.
Apr 07 2021
ENGINE: East of Suez Bunker Fuel Availability Outlook
Despite the weekly stockbuild, lead times for bunker fuels remain long at Singapore port where demand has picked up at the beginning of this week, increasing lead time.
Apr 07 2021
Inter-Pacific Petroleum winding up order application approved
Application was approved on 25 March and all creditors should file their proof of debt with the appointed Liquidators who will be administering the process.
Apr 06 2021
Veritaoil Pte Ltd undergoes Creditors’ Voluntary Liquidation
An extraordinary general meeting of the company was held on Wednesday, 31 March at 2.00 pm and M/s Mann & Associates PAC was appointed Liquidator.
Apr 06 2021
Mandala Energy Investment & Mandala Energy Management undergo voluntary wind up
Extraordinary general meetings for both companies were held on Thursday, 25 March and Borrelli Walsh Pte Limited haS been appointed Liquidators for the process.
Apr 06 2021
Innospec launches new Trident bunker fuel additives for ULSFO & VLSFO
Trident product line aims to help blenders and suppliers move beyond the challenges of compliance and focus on providing superior quality fuels at improved economics.
Apr 05 2021
FUJCON 2021: Panelists in showdown on relative costs of clean bunker fuels
‘LPG is underrated…but I think the fact that we’re making decisions and implementing them rather than just reporting on sustainability is important,’ said CEO BW LPG.
Apr 05 2021
Malaysia: MMEA maintains effort to keep up security, Italy registered vessel detained
Vessel was discovered at 2.45 pm on Saturday, 3 April 12.6 nautical miles east of Tanjung Penawar; Captain and Chief Officer brought in for further investigations.
Apr 05 2021
NewOcean records USD 304.3 million loss, portion of SG bunkering business to remain
‘A portion of our marine bunkering business in Singapore will remain, with a focus on oil products of relatively stable gross profits and high sulphur fuel oil,’ it said.
Apr 01 2021
IBIA announces new acting board from April 1, 2021
There are two newly elected joiners to the board following the 2021 election: Jesper Rosenkrans from Total and J. Stephen Simms of the US law firm Simms Showers LLP.
Apr 01 2021
